Aon India's survey projects 7.7% salary hike in 2021 against 6.1% in 2020

Fewer companies plan to give zero increment

With positive business sentiment gradually growing within India Inc after a tough Covid-19 pandemic hit 2020, salary increment is being projected to grow from actual average 6.1 per cent last year to a projected average of 7.7 per cent in 2021. 

Findings in the latest Salary Increase Survey in India by global professional services firm Aon plc shows that more companies plan to give increments, with 88 per cent expressing the desire in 2021 as compared to 75 per cent companies in 2020. The study analysed data across 1,200 companies from more than 20 industries.

"There is a sharp reduction in number