Employees in India are expected to get an average salary hike of 9.7 per cent this year, a marginal increase from last year, while top performers will get 15.6 per cent hike, as companies are focusing on performance and productivity.
Human resources consultancy firm Aon’s annual salary increase survey predicts an average salary hike of 9.7 per cent across industries, as companies expect a positive economic outlook, backed by high economic growth expectation, high domestic demand, and low inflation.
Conducted over 1,000 participating companies across 20-plus industries, the survey finds pay increase stabilising at single digits of 9.3 per cent in 2017,