Average salary hike in 2018 to remain in single digits

However, top performers can expect twice as much as their co-workers

Published: Mar 12, 2018 11:59:09 AM IST
Updated: Mar 15, 2018 12:18:15 PM IST

g_104149_salary_hike_280x210.jpg1.2X–1.4X is the ratio between salary increases and GDP growth rates in major economies of the world

As per the 22nd Edition of Aon India's Salary Increase Survey, companies in India gave an average pay increase of 9.3 percent during 2017, marking a departure from the double digit increments given by organisations since the inception of this study.

The projections for 2018 are also expected to be similar at 9.4 percent, highlighting increasing prudence and maturity being displayed by companies while finalising pay budgets.


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(This story appears in the 30 March, 2018 issue of Forbes India. You can buy our tablet version from Magzter.com. To visit our Archives, click here.)

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