2026 is here, and for many Malaysians, the big question is: "What’s happening to my salary?" According to Aon’s latest survey of 350 organizations, the magic number is a projected 4.8% increase, identical to 2025. But with inflation cooling, does this translate to a real wage hike?



Rahul Chawla, Partner and Head of Talent Solutions for Southeast Asia at Aon, break down the numbers. He unpacks a fascinating market paradox: while 50% of businesses are optimistic about the economy, 60% plan no headcount growth, opting instead for efficiency and AI.



We also explore why Malaysia is sitting in the "middle of the pack" regionally, why voluntary attrition is spiking to 18.2%, and why roles in AI and Cybersecurity are commanding massive premiums over the market average.



We discuss:


The 2026 Numbers: Why Life Sciences and Retail are beating the 4.8% average.


The Talent Paradox: Why optimism isn't translating into mass hiring.


The Attrition Spike: Why 1/5th of the workforce is churning and the 20% "jumping premium."


The Skills Gap: Managing pay equity when new tech talent costs more than loyal employees.


Retention on a Budget: Using "Total Rewards" and flexible benefits to keep talent without breaking the bank.

2026 is here, and for many Malaysians, the big question is: "What’s happening to my salary?" According to Aon’s latest survey of 350 organizations, the magic number is a projected 4.8% increase, identical to 2025. But with inflation cooling, does this translate to a real wage hike?Rahul Chawla, Partner and Head of Talent Solutions for Southeast Asia at Aon, break down the numbers. He unpacks a fascinating market paradox: while 50% of businesses are optimistic about the economy, 60% plan no headcount growth, opting instead for efficiency and AI.We also explore why Malaysia is sitting in the "middle of the pack" regionally, why voluntary attrition is spiking to 18.2%, and why roles in AI and Cybersecurity are commanding massive premiums over the market average.We discuss:<ul><li>The 2026 Numbers: Why Life Sciences and Retail are beating the 4.8% average.</li><li>The Talent Paradox: Why optimism isn't translating into mass hiring.</li><li>The Attrition Spike: Why 1/5th of the workforce is churning and the 20% "jumping premium."</li><li>The Skills Gap: Managing pay equity when new tech talent costs more than loyal employees.</li><li>Retention on a Budget: Using "Total Rewards" and flexible benefits to keep talent without breaking the bank.</li></ul>

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