AON report: Salary increase and turnover study
Collecting data from over 5,300 of Aon’s clients globally on employee turnover and salary budgets, the latest survey confirms that, across major European countries, salary increase percentages declined in 2025 compared to 2024.
Looking ahead, 2026 salary budgets across Europe are projected to remain broadly stable, with modest upward adjustments in some regions. However, Aon’s historical data shows that early projections often trend downward as more organisations finalise their budgets, a pattern observed in previous years’ results.
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- The UK and Netherlands showed a 0.2% decline in salary increases in 2025 compared to 2024.
- France and Ireland showed a 0.3% decline.
- Germany and Spain showed a 0.4% decline.
- Italy and Sweden showed a 0.1% decline.