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India Inc To Increase Salaries Of Employees Substantially In 2024: Report

India Inc To Increase Salaries Of Employees Substantially In 2024: Report
menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.

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Employees can expect substantial salary hikes in 2024 despite global economic challenges, claims WTW report

Employees can expect substantial salary hikes in 2024 despite global economic challenges, claims WTW report
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India Inc To Roll Out 9-10% Hike, Focus On Retaining Talent

India Inc To Roll Out 9-10% Hike, Focus On Retaining Talent
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Indian firms may raise employee salaries by 9 8% in 2024, says WTW report; here s all about job market projections

In 2024, companies operating in the BFSI sector, retail, and captives are expected to offer more substantial salary increases compared to the actual salary increments observed in 2023.

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Employers Expect to Raise Pay in 2023 Beyond 2022 Increases

Despite WTW data showing broad employer salary increases in the U.S. for 2023, three-quarters of the 1,550 U.S employer respondents report persistent problems recruiting and retaining employees.

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