Salary Increase: HR News, Trends & Workplace Insights

Latest Salary Increase HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Salary Increase.

Updated on: Jul 2024

Industry

Big Salary Hike For Govt Employees in Haryana

Jul 2, 2024

. average salary hike for India Inc in attrition dropped

The EY report suggestsnbspthat India Inc. is set for an average salary increase of . in , s...

Compensation

Mar 7, 2024

. average salary hike for India Inc in attrition dropped

Average salaries in India to increase by . per cent in

EY, the leading professional services organization, released itsnbspFuture of Pay . The repo...

Compensation

Mar 25, 2023

Average salaries in India to increase by . per cent in

Salary of IT CEOs increased by , while for freshers

Business Todays analysis shows the IT industry CEOs salaries increased by , while...

Compensation

Dec 28, 2022

Salary of IT CEOs increased by , while for freshers

Compensation

Indian employees likely to see highest salary hikes in 2023, Report

Soaring inflation is set to put a major dent in salary hikes for the second year running in 2023, according to a new survey that sees just 37% of countries globally expecting to report real-term wage hikes. The worst-hit region is likely to be Europe, where real salaries – nominal wage growth minus the rate […]

Oct 27, 2022

Compensation

Salaries expected to restore to pre-pandemic level

According to TeamLease HRTech CEO Sumit Sabharwal, It is expected that certain sectors will restore salaries to the pre-pandemic mark. The salary is expected to be restored by the end of this financial year aided by the recovery in economic activities. The companies are trying to work as a pre-pandemic work model only. Sumit Sabharwal […]

Oct 17, 2022

Compensation

Wipro, TCS, Infosys pay salaries to engineers less than startups

Weekday has revealed that engineers working for startups get more annual salaries when compared to Indian IT companies like Wipro, TCS, and Infosys, among others. The data shows that employees are earning tens of lakhs per annum are particularly high if they are working with one of the product startups, instead of IT companies like […]

Sep 28, 2022

Survey & Report

Salary in India likely to rise by 10.4% in 2023

According to a survey conducted by Aon, Salaries in India are expected to increase by 10.4% in 2023. This salary increase will be slightly lower than that of an annual rise of 10.6% till date in 2022. This global professional services firm analyzed data across 1,300 companies from over 40 sectors in India. Apart from […]

Sep 26, 2022

Compensation

OYO founder Ritesh Agarwal’s salary goes up 250%

Ritesh Agarwal, the Founder, and CEO of OYO, earned Rs. 5.6 crore in compensation in the last fiscal year, an increase of 250 percent from the year before, according to the firm’s filing with market regulator SEBI. Salary Cuts According to the regulatory filing, it showed that the company has cut the salaries of employees and bonus expenses significantly. Apart […]

Sep 20, 2022

Compensation

Companies in India are likely to give 10% salary hike in 2023

According to Willis Towers Watson’s Salary Budget Planning report, companies in India are expected to give a salary hike of 10 percent in 2023. Rajul Mathur, Consulting Leader India – T&R at Willis Towers Watson said, “Despite the economic headwinds, higher projections for 2023 reflect cautious business optimism and a continued tight labour market, WTW Consulting Leader […]

Aug 17, 2022

Survey & Report

Aon Survey projects 6% salary increase for senior executives in 2021

Aon Survey projects 6% salary increase for senior executives in 2021 Global professional services firm Aon Plc has projected a 6% salary hike for senior executives in India this year. According to the latest Executive Rewards Survey in India by Aon, Variable pay for top executives is most impacted by the COVID-19 pandemic, with pay-outs for executives […]

Apr 15, 2021

Industry

PwC announces Cash Bonus for taking vacations

PwC is giving $250 to employees each time they take a full week’s vacation for the next year Management and Consulting firm PricewaterhouseCoopers (PwC) encourages its employees to use their vacation days by paying them a Cash Bonus to do it. The company has announced on Friday, base salary increases across the board as well as an expanded bonus pool, […]

Apr 11, 2021

Jobs

Average Salary Hike will be 7.7% in 2021: Aon Survey

Average Salary Hike will be 7.7% in 2021: Aon Survey According to the latest Aon Survey, Companies in India are likely to offer a 7.7 per cent salary increase in 2021, one of the highest among the BRIC nations, and higher than the average actual increase of 6.1 per cent in 2020, says a survey. […]

Feb 23, 2021