India Inc may see higher pay with 9.3% hike in 2022, says report

India's projected salary increase is the highest in Asia-Pacific for the next year as optimism returns over improved business outlook in the next 12 months, the report added

Higher salaries in India are making a comeback with 9.3 per cent hike being expected in 2022, from 8 per cent in 2021, and with companies planning to give employees larger raises as they face mounting challenges of attra­cting and retaining employees, according to a report.
 
Salaries are projected to see a median salary increase of 9.3 per cent next year compared to the actual median salary increase of 8 per cent in 2021, according to the 'Salary Budget Planning Report' by global advisory, broking and solutions company Willis Towers Watson.
 
India's projected salary increase is the highest