Salary increments to continue to beat pre-Covid levels in 2022: Experts

Among sectors witnessing higher increment levels, firms agree that IT, healthcare and e-commerce lead the way

Buoyed by a resurgence in economy and sustained voluntary attrition, salary increments will continue to beat pre-Covid levels in 2022.

According to the hiring and manpower industry, while pre-pandemic salary increment levels remained at higher single digits even as the same fell as Covid-19 hit, the same is set rise to double digits, beating the previous high.

"Not just the Great Resignation triggered voluntary attrition but even work has expanded across businesses forcing them to hire more than ever. As a result, they are also forced to match salaries internally. Hence, we can expect a tectonic shift in increment levels