According to the latest salary budget planning survey by wtw (nasdaq: According to wtw’s salary budget planning report, indian companies anticipate granting their employees a salary increase of approximately 9.8 per cent in.
In 2024, indian firms are predicted to increase employee wages by 9.8%, nearly matching the 10% hike in 2023, as stated in the recent salary budget planning. Another 8% adjust them every 2 years.
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And though increases are expected to be down in 2024, they look to remain high,.
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Now, in 2023, average actual salary increases in the 15 largest economies have hit 5.4%, according to data from the july edition of wtw’s salary budget planning.
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Indian Companies Expect To Raise Employee Salaries By 9.8% In 2024, Close To The 10% Increase In 2023, Making India The Country With The Highest Salary Hikes In.
And though increases are expected to be down in 2024, they look to remain high,.
India Leads In Salary Growth Projections In Apac;
New delhi, november 1, 2023 — the median salary increase in india is forecasted to rise by 9.8% in 2024, close to the actual salary increase of 10% in 2023.