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Added on : 2018-02-27 17:43:42

Employees in India are likely to get an average salary hike of 9.4% 2018, same as 2017, while key talent are expected to get appraisals of as much as 15.4% as companies increase focus on performance. HR consultancy Aon Hewitt’s annual Salary Increase Survey, that analysed data across more than 1,000 companies from over 20 industries, said the average salary for India Inc stands at 9.4% this year. Aon Hewitt believes average pay hikes in India will remain between 9.4-9.6%. As per the survey, companies in India gave an average pay increase of 9.3% during 2017, marking a departure from the double digit increments given by organisations since the inception of this study.
Even as salary hike remained at the same level on a year-on-year basis, India continues to lead the Asia-Pacific region. China is expected to dole out a salary raise of 6.7%, Philippines 5.8%, Malaysia 5.1%, Singapore 4%, Australia 3.2% and Japan 2.5%.

Employees in India are likely to get an average salary hike of 9.4% 2018, same as 2017, while key talent are expected to get appraisals of as much as 15.4% as companies increase focus on performance. HR consultancy Aon Hewitt’s annual Salary Increase Survey, that analysed data across more than 1,000 companies from over 20 industries, said the average salary for India Inc stands at 9.4% this year. Aon Hewitt believes average pay hikes in India will remain between 9.4-9.6%. As per the survey, companies in India gave an average pay increase of 9.3% during 2017, marking a departure from the double digit increments given by organisations since the inception of this study.
Even as salary hike remained at the same level on a year-on-year basis, India continues to lead the Asia-Pacific region. China is expected to dole out a salary raise of 6.7%, Philippines 5.8%, Malaysia 5.1%, Singapore 4%, Australia 3.2% and Japan 2.5%.

Editor & Publisher : Dr Dhimant Purohit

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