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
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While overall pay hikes are set to cool in FY27, demand for specialised skills is expected to keep salary growth strong in EVs, fintech and healthcare
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
High performers, employees in the top-rated A+ category, have received hikes of more than 10 per cent, the sources added
Economic uncertainty, slower growth and pressure on margins are prompting IT services firms to delay salary hikes and offer lower increments, impacting employee morale across the sector
The Uttar Pradesh government has hiked minimum wages across worker categories following unrest in Noida, with revised rates coming into effect from April 1 retrospectively.
Noida workers’ protest turned violent on April 13, 2026, disrupting traffic, shutting factories, and triggering police action across key sectors.
IT major rolls out pay increases effective April 1 across grades, even as headcount declines year-on-year and the company steps up investments in AI-ready workforce
Deloitte survey shows marginal rise in salary increments, alongside higher promotions, stable attrition trends, and continued moderation in hiring across sectors
DFS Secretary M Nagaraju inaugurates a composite salary account camp in Delhi as public sector banks seek to strengthen CASA balances and deepen customer relationships
India Inc's salary growth is projected to ease to 9.1% in 2026, with GCCs and pharma firms leading increases as companies prioritise skill-based rewards, variable pay and talent retention strategies
Skills are becoming the new currency of pay, with premiums rising 30-40% for AI, ML, cybersecurity, and cloud capabilities.
An EY India report said that GCCs are expected to record the highest salary growth at 10.4%, driven by sustained global demand and investments in specialised digital skills
IT major to implement salary increments from March 1 after deferring hikes in September; percentage of increase not immediately specified
A clear and simple explainer answering the most common questions about the 8th Central Pay Commission, from salary hikes and DA increases, to fitment factor, arrears, allowances and timelines.
Real estate and NBFCs are set to lead the pay surge, while cooling attrition signals a more stable job market, according to the latest salary and turnover survey
Aon study shows salary growth to touch 9% in 2026 as real estate and NBFCs lead the rise, while firms prioritise performance-based pay amid global slowdown
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,
TCS has resumed salary hikes with 4.5-7% raises for most staff and double-digit increments for top performers after delaying its annual review amid macroeconomic challenges