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While average pay hike percentages for India Inc remain flat vis-à-vis last year, there is a notable shift towards embracing a more comprehensive Rewards Value Proposition (RVP) to drive better ROI across all industries.
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.
Looking for comprehensive Indian salary data and industry benchmarks to inform your compensation strategy? Check out our Salary Guide 2024 now.
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 &
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.
Aon India's 26th Annual Salary Increase Survey 2021-22 just concluded. We had an overwhelming response from participants with an all time highest of 1350 participants from 39 industries. Download Now. Please find the Executive Summary Report here, covering: Forecasts 2022. Salary Trends 2020 to 2021. Sectoral View. Salary trends by levels of ...
• According to IBEF, India’s domestic pharmaceutical market, which is expected to show steady growth, stood at US$42b in 2021. It is likely to reach US$65b by 2024 and further expand to reach US$120 to US$130 billion by 2030. • The auto components industry accounted for 2.3% of India’s GDP and provided direct employment to 1.5 million ...
