According to the 2025 Salary Growth Survey – Sixth Edition, conducted in Argentina in October 2025 by WTW through its Talent Management and Compensation Department.Average salary increase is 31% This year, personnel outside the agreement will also be eligible.
The sectors with the highest proportions in the sample were: High tech (17.3%)human and animal health sciences, medical devices (11.9%), and consumer (9.1%).
The average percentage of salary adjustments planned for 2025 (taking into account all concepts except promotion, such as merit, market, and inflation) is 31%. The median value of this adjustment is also at 30%.
For the estimated 2025 inflation base that companies used to create their payroll budgets, The average was 31%the median value is 30%.
most companies (34%) plan to apply these salary adjustments four times In 2025.
Average percentage of originally planned salary adjustment 22% by 2026, median 20%. Our estimated inflation base going into 2026 has an average of 21% and a median of 20%.
What are the expected salary adjustments by activity?
Detailed information on compensation increases by activity is presented as estimated cumulative salary adjustments from January to October 2025. For non-consensual staff (median).
Cumulative salary adjustments refer to all concepts such as merit, market, and inflation, excluding promotion only.
median of Expected adjustments for the period January to October 2025 Different sectors participating in the study:
- communication /Entertainment, 33%.
- science health Humans and animals, medical equipment, 32%;
- High tech, 30%.
- bank Financial institutions, 30%.
- professional services30%.
- Oil tankers, 30%.
- Total sample, 30%.
- Fintech, 29%.
- industry, 29%.
- Logistics and transportation, 29%.
- Chemistry, 29%.
- retail, 29%.
- Energy, 29%.
- construction, 27%.
- agriculture, 26%;
- iron, aluminum, mining and metallurgy, 26%;
- service, twenty four%.
- insurance companies, 23%;
- Automobiles, 22%.
- consumption, 29%.
How often will adjustments be made?
Most companies plan to apply pay adjustments multiple times during 2025:
- 34% are planning four adjustment opportunities.
- 28% are planning three opportunities.
- 19% are planning two opportunities.
What are the predictions for 2026?
The majority of companies (63%) are already working on their 2026 payroll budget.
average of Salary adjustment percentage The initial plan for 2026 is 22%, with a median of 25%.
of Estimated inflation basis The average percentage spent on this 2026 initial budget is 21%, with a median of 20%.
By 2026, Adjustment frequency Plans focus on two or three opportunities, both mentioned by 32%, followed by four opportunities (25%).
What kind of companies plan annual bonuses?
Companies are anticipating annual bonuses for performance in 2025 (scheduled to be paid in 2026):
Compliance with 2025 performance
As the year essentially comes to a close, most companies expect their business results to meet their plans. 43% of companies expect 100% compliance. 22% expect compliance to be less than 90%.
Estimated bonus payment amount
Regarding the payment of annual bonuses based on average performance, 41% of companies expect to pay between 91% and 100% of the target.
Calculation basis
The most common calculation criteria for bonus payments are: Salary in the last month of the financial year paid (66%).
However, research recognizes that there is considerable room for improvement in the effective communication of benefits. 27% of companies believe there is moderate room for improvement, and 25% say there is considerable room for improvement. Only 10% think there is no room for improvement.
WTW survey information was collected through an electronic survey between October 20 and 27, 2025. Total 418 companies A person who participated in a consultation meeting.
About The Author
