Spain expects moderate salary increase in 2027
Next year, salaries in Spain could see an increase of between 3 % and 3.5 %, with increases of between 5 % and 7 % for professionals in critical or hard-to-replace roles
In 2027, salaries in Spain could rise between 3 % and 3.5 %. According to the Michael Page 2027 Compensation Survey forecasts, for critical or hard-to-replace positions, the increase would range between 5 % and 7 %.
Regarding certain roles where there is a shortage of professionals, the consultancy estimates that companies will combine increases of between 2 % and 3 %.
According to specialists, “these estimates are subject to inflation during the last quarter of 2026. By sector, Industry, Financial Services, Energy, Pharmaceuticals, Real Estate and Construction, Hospitality, and Technology stand out for their salary and hiring prospects for the coming year.”
In the technology sector, there is strong demand for specialists in ERP systems, cybersecurity, data, and artificial intelligence. “In Engineering, automation engineers, health, safety, and environmental managers, and maintenance managers are in high demand.”
In discussions, compensation, benefits, and flexibility will continue to be key tools for attracting and retaining talent, particularly in positions with greater competition among companies.
The European directive on wages aims to “strengthen equal pay for women and men and increase clarity on remuneration criteria.”
M.Pino
Source: diariofinanciero
(Reference image source: Jakub Żerdzicki on Unsplash)
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