Overview
- PwC Argentina now projects average 2025 salary increases of 29.5%, down from 40.15% expected earlier in the year and aligned with slower consumer inflation.
- Most Argentine companies are timing adjustments for September–October, with 62% reviewing pay on a quarterly or four‑monthly cycle.
- Roughly 60% of Argentine firms report uncertainty over income‑tax calculations on wages, and only 41% conduct regular payroll audits.
- Michael Page’s 2026 guide shows only 62% of Mexican employers are certain they will raise pay next year, with six in ten planning increases of just 1% to 5% and about 1% expecting hikes above 16%.
- In Mexico, only 52% of workers received a raise in the past year and most were inflation adjustments, a pattern executives link to weaker motivation and higher turnover risk; finance roles stand out with projected gains of 10% to 15%.