Double-digit growth in salary for employees of companies in India: Report

India has the highest overall salary increases and real-wage growth in Asia, says global consulting firm Korn Ferry.

Employees of companies in India are likely to see a double-digit growth salary in 2019, but inflation may cap the hike at 5 per cent, a report said Thursday.

According to global consulting firm Korn Ferry, as a result of rapid economic growth, India continues to enjoy the highest overall salary increases and real-wage growth in Asia.

Salaries in India are expected to increase 10 per cent in 2019 as compared to 9 per cent last year and inflation-adjusted real-wage hikes are likely to rise to 5 per cent from 4.7 per cent in 2018.

"Consequent to rapid economic growth, India continues to