India Inc to offer 7 7% average salary hike in 2021: Aon businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.
Updated Feb 23, 2021 | 19:10 IST
As per the survey, e-commerce and venture capital-backed firms will give the best pay hike at 10.1%, followed by technology sector at 9.7%, ITES at 8.8%, and entertainment and gaming at 8.1% India Inc to offer average salary hike of 7.7% in 2021
New Delhi: India Inc is likely to offer an average salary hike of 7.7% to employees in 2021 but performers are projected to get 1.6 times more, the India Salary Increase Survey by global professional services firm Aon said on Tuesday.
This will be more than the 6.4% average hike paid by companies in 2020. Also, India Inc’s 2021 pay hike will be better than most global economies, including Japan, the US, China, Singapore, Germany and the UK where the average salary growth will be between 3.1% and 5.5%.