Good news. Indian companies likely to hike salary by 7.7% this year
Indian companies are likely to offer a 7.7% salary hike this year, one of the highest among the BRIC nations, according to the latest study. It is higher than the average actual increase of 6.1% in 2020. The Increase Survey in India study analysed data across 1,200 companies from more than 20 sectors noted that salary increments may lead to a strong recovery.