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Accenture has significantly expanded the number of employees receiving salary hikes, delivering the increase through a combination split equally between base pay and a one-time lump-sum payment in June, as it seeks to reward more staff while managing payroll amid the current macroeconomic environment. The global IT services major is taking a different approach for its primary June cycle this year, following a period of limited "stay-at-level" increases last year, according to an internal memo viewed by PTI. Under the new compensation structure, talent and group leads will determine an overall percentage increase for eligible employees, which will then be divided into two equal parts. For instance, if the talent lead decides to provide an individual a 3 per cent increase, that will result in a 1.5 per cent increase to base pay and a 1.5 per cent lump-sum payment. The company noted that this dual approach provides employees with immediate cash - a benefit many have expressed they val
Corporate India is likely to see salary increments in the range of 8.6 per cent to 10.2 per cent across industries this financial year, primarily driven by sustained demand for skilled and execution-focused talent, a report said on Tuesday. TeamLease Services' report, Jobs and Salaries Primer 2026-27, projects average salary increments of 8.6 per cent to 10.2 per cent, mainly led by high growth sectors including EV and EV Infrastructure, FinTech, Healthcare and Pharmaceuticals. "India's salary landscape in 2026-27 is becoming more differentiated and execution-led. Increment trends are increasingly being shaped by sector-specific growth and specialised skills. At the same time, compensation growth is no longer concentrated only in traditional metro markets. "Emerging cities are steadily strengthening their position in the talent economy, supported by industrial expansion, enterprise investments, and evolving business ecosystems," TeamLease Services Senior Vice President Balasubramani
The salaries of India's blue- and grey-collar workforce have increased by 23 per cent over the past two years, reflecting the growing demand and opportunities for the skilled workforce, a report said on Tuesday. The overall salaries have grown by 23 per cent in just two years, reflecting the rising demand and opportunities for India's blue and grey-collar workforce, WorkIndia's Salary Report 2025 stated. The WorkIndia Salary Report 2025 is based on an analysis of 1.93 lakh job seekers' data from 2023 to August 2025. However, the report revealed that male workers witnessed a faster pace of salary growth at 9 per cent, compared to women workers at 6 per cent, highlighting the persistence of gender pay inequality. Meanwhile, non-metro cities have emerged as growth engines, recording an average 14 per cent increase in salaries, outpacing metro cities where salaries rose by 10 per cent, it said. Full-time employment continued to see steady salary increases of 10-15 per cent each year,