India Inc's salary hike expected to rise to 9.5% in 2025
Engineering, manufacturing and retail industries project double-digit increases at 10%, closely followed by financial institutions at 9.9%, says Aon study
salary hike
October 2024
May 2024
February 2024
March 2023
February 2023
May 2022
March 2022
February 2022
India's silent income crisis
Household finances, workers’ wages, agricultural income are going down, severely damaging key growth engine—consumption
Maruti Suzuki doesn't expect small car sales to recover until 2026
Price hikes in small cars due to regulations are quite steep whereas salary hikes have not happened to that extent, says Maruti Suzuki senior executive Partho Banerjee
India Inc’s average salary hike likely to drop to 9.5% in 2024
Around 56% of companies expect salary hikes between 9-12%, down from 60% last year; 15% see pay increase at 12% in 2024
Salaries in India to rise by 10% in 2023: Survey
With this, the salary increase in India continues to be the highest across the APAC region.
Indian companies to revert to 9% salary hikes: Survey
Some sectors have decreased the forecast to 7-8% in line with the organisation's performance, says Mercer.
India Inc average salary hike to be 10.4% in 2023: Aon Survey
The proportion of companies projecting 14%+ increments in 2023 is the highest in the past decade.
Infosys hikes CEO Salil Parekh's salary by 88% to ₹79 crore
Almost 97% of the increase in Salil Parekh's proposed annual remuneration is linked to performance.
Average pay hike in India projected at 9.1% in 2022
Almost all organisations are planning to give increments in 2022, compared with 92% in 2021 and only 60% in 2020.
2022 salary hikes to hit 6-yr high amidst the 'Great Resignation'
Despite a tough few months, India continues to project the highest salary increases among the BRIC nations in 2022.
