There is some positive news for Indian employees despite reports of layoffs making headlines.
Pay increases in India are anticipated to increase by 10.3% in 2023, according to the 28th Annual Salary Increase Study by professional services company Aon.
The planned pay increase is still expected to be in the double digits despite worries about economic volatility
Salaries in India likely to increase by 10 3 pc in 2023: Survey deccanchronicle.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from deccanchronicle.com Daily Mail and Mail on Sunday newspapers.
Salaries in India are expected to increase by 10.3 per cent in 2023, highest among major world economies and Asian peers, according to Aon plc. In 2022, salaries in India witnessed an actual increase of 10.6 per cent in 2022. As per Aon plc s 28th Annual Salary Increase Survey in India, double-digit salary growth will continue in India despite economic volatility, largely as a response to high attrition rates.