In some cases, particularly, greater adjustments will be given, since at least during the last two years the salary increases did not accompany the high inflation rates.
Companies project salary increases Above inflation during the first half of the year. According to a survey conducted 517 organizationsthe budgets contemplate an increase in 35%overcoming the estimated inflation of 32%.
The data belongs to the TISA survey, conducted by Mercer, which remarks that the macroeconomic panorama and the relative uncertainty continues to be a challenge for companies. In some cases, particularly this year there will be greater adjustments, since at least during the last two years the salary increases did not accompany the high inflation rates.
Companies adopt various criteria to define salary increases. A 57% of companies consider a combination of factors to determine increases, while a 16% take into account the market. Another 14% transfer inflation as a whole (100%), 7% applies the provisions of collective labor agreements (CCT), and 6% transfer inflation partially.
Lower salary increases for the second semester
Salary increases are expected to are greater in the first semester of 2025 and They will decrease in the second section of the year. During the first months, Increases will have a median of 18% and an average of 19%. However, in the second semester, these values will fall to a median of 14 and an average of 15%, and will be reviewed based on how inflation behaves. 60% of companies already have their estimated budget for the entire year 2025, while 31% have it estimated for only the first three months of the year.
The months of the year where it is mostly estimated to give the increases remain March and April for the first part of the year and for the second part, they are distributed between September and October.
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On the other hand, the 49% of companies plan to make four salary increases in 2025. While, in 2024, most companies made five or more increases during the year. According to how inflation inflation will be reviewed the instances of increases during 2025.
Finally, taking into account the distinction between the increases projected by the matric and subsidiary houses, the first foresee very in line with projected inflation, while the latter project to grant some points above inflation.
Source: Ambito
