Overview

• Average pay increases are projected at about 9% in 2026, edging up from the 8.9% recorded in 2025.
• Real estate and infrastructure are forecast at roughly 10.9% and NBFCs at about 10%, while technology consulting and services trails near 6.8%.
• Voluntary attrition has eased to 17.1% in 2025 from 17.7% in 2024 and 18.7% in 2023, signaling a more stable labor market.
• Aon’s 30th Annual Salary Increase & Turnover Survey draws on data from more than 1,060 organizations across 45 industries.
• Employers are emphasizing performance-linked pay and targeted upskilling as they manage global headwinds, AI-driven shifts and selective workforce reshaping.