Salary hikes at companies inching closer to pre-Covid levels: Report

E-commerce and tech start-ups, healthcare, and allied industries plan salary hikes of more than 10 per cent.

Median increments in FY 2022 have been around 8.13 per cent to inching closer to pre-Covid levels, said supply chain company TeamLease Services in its India's Jobs and Salary Primer Report. The median increment in the previous study stood at 7.12 per cent.

Of the 17 sectors the report reviewed, 14 have indicated a single digit hike while e-commerce and tech start-ups, healthcare and allied industries, and Information Technology (IT) & knowledge services are the only three sectors to register a salary growth greater than 10 per cent.

Backed by in-depth research covering jobs and payout trends across eight functions,