Deloitte survey pegs average salary increment in India at 8.6% in 2022

Early estimates peg the increase higher than 8% in 2021, 4.4% in 2020

On the back of economic recovery and improved confidence, the second phase of Deloitte’s Workforce and Increment Trends survey 2021 has pegged the average salary increment in India at 8.6 per cent, up from eight per cent for 2021 and 4.4 per cent in 2020.

Early estimates reveal that average increment for 2022 is expected to increase to 8.6 per cent in line with a healing economy and improving confidence.

According to the survey findings, 92 per cent companies gave an increment in 2021 at an average of 8.0 per cent compared with only 4.4 per cent in 2020, when just 60