Economy
Philippines Salary Hikes Projected at 5.1% Next Year Amid Talent Competition, Rising Costs
Companies in the Philippines are projecting an average salary increase of 5.1% in 2027, driven by competition for talent and rising costs. This figure surpasses the Asia-Pacific average but trails behind Vietnam and Indonesia. Employers are also focusing on improving employee experience and expanding training to retain staff.
This article requires PRO
This article is outside the free access window or is a special report. PRO unlocks it and the full archive.
Related articles
- Philippine Palay Production Costs Decline May Not Last Past 2025
The average cost to produce palay (unmilled rice) in the Philippines saw a decline in 2025, but concerns are rising that this trend may not continue past 2026 due to El Niño and increasing fuel and fertilizer prices. Farmer groups also point to stagnant yields as a factor.