India Inc to offer 7.7% average salary hike in 2021: Aon
Highest-paying sectors in 2021 continue to be the ones from last year information technology, IT-enabled services, life sciences, e-commerce and fast-moving consumer goods
BusinessToday.In | February 24, 2021 | Updated 10:42 IST
Eighty-eight per cent of surveyed companies reported that they intend to increase salaries in 2021, reflecting positive business sentiment
Global professional services firm Aon s 25th Annual Salary Increase Survey in India finds that companies in India are projecting a 7.7 per cent increase in average salary in the year 2021. This is up from the actual increase of 6.1 per cent in 2020. The survey, which analysed data across 1,200 companies from more than 20 industries, finds that while salary increments indicate strong recovery, the Code of Wages could be a gamechanger.