India Inc to pay 10% more, key talent to get more

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Salary increases in India this year, at an average 10%, will be the lowest since 2009 due to a cautious mood, consulting firm Aon Hewitt's annual salary increase survey shows. Sectors such as pharmaceuticals plan to pay better due to good growth.

The survey, which polled 565 organisations in 18 sectors, shows India Inc is rewarding excellent performers better, and retaining them. Overall attrition levels are down due to limited chances to move