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India ranks second among G20 nations with a 7.2% growth rate in FY2022-23, fueled by solid investment, domestic demand, and service exports. Amid global economic challenges, India's unique inflation saw CPI rise to 5.6% in November 2023 from 4.9% in October, mainly driven by soaring vegetable prices.
Increase For 2024 The anticipated 9.7% pay increase in the year 2024 is consistent with the previous two years. This is a result of India's competitive job market and rising need for skilled employees. The report indicates that industries such as E-Commerce (11.3 percent), FMCG (11.0 percent) followed by Pharmaceutical, Chemical &
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The figures presented in the Page Insights Salary Guide are derived from our proprietary data and network in India, including job advertisements and placements made in 2022, incorporating salary projections for 2023.
Future of Pay The current talent market in India is dynamic and evolving rapidly, shaped by a combination of global economic trends, technological advancements, and changing workforce expectations. Some of the current talent trends in India are: • Growing talent pool: India has a large and growing
Aon India’s 28th Annual Salary Increase Survey 2022-23 Phase I. Increasing industry coverage with every edition. 1,300. 40. Organizations. Sectors covered. Contents. India Business Outlook. Salary Increase Numbers. Performance differentiation. Attrition Trends. Aon’s Perspective. Positive Business Outlook.
Survey Result. India Salary Guide 2024. We gathered insights from business decision-makers and HR experts to form a holistic view of HR related aspects of the past market in 2023 and a forecast for 2024. Business sector and business scale of the India respondents.
