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
Country's largest IT services company TCS has rolled out salary hikes in the range of 4.57 per cent for a majority of its employees, sources said on Tuesday. The Tata group company has started sending the letters of increment to the employees from late Monday evening, and the increments will be applicable from September, they said. An official response to an email query sent to the company was awaited. It can be noted that there has been a slew of headlines on the Human Resources front over the last two months, starting with an announcement to defer pay hikes amid hazy market conditions. This was followed up with a surprise announcement to axe 2 per cent of the workforce, or around 12,000 employees, and then came an announcement of pay hikes for 80 per cent of the employees. As per media reports, most of the employees eligible for the hike were in the lower to mid levels of the hierarchy. The sources said the well performers have been given pay hikes of over 10 per cent as well.
Infosys has rolled out an average 80 per cent performance bonus for Q1, linked to employee ratings across PL4-PL6 levels, following stronger-than-expected quarterly growth
Top pay hikes in India to be in high single digits
Top Tata Group executives saw an average 19.2% pay hike in FY25, driven by profit growth in consumer, hospitality, and tech units, while heavy industries stayed muted
TCS had paused salary hikes in April citing macroeconomic uncertainty but will now revise pay for staff up to grade C3A, covering 80 per cent of its workforce
Nasdaq-listed IT company gains on performance of BFSI and health science verticals, and large deal wins
Facing global uncertainty, Cognizant delays salary hike decision and targets second-half rollout while continuing to hire freshers and expand AI-driven roles
Corporate India is expected to dole out average salary hike in the range of 6.2 per cent to 11.3 per cent this fiscal, as employers are reshaping their workforce strategies by focusing more on skill certification and incentive-led engagement, a report said on Tuesday. According to the TeamLease Services - Jobs and Salaries Primer 2025-?26 report, the average salary hikes is projected to be in the range between 6.2 per cent and 11.3 per cent across industries, while some role-level salary increments are expected to reach up to 13.8 per cent. "The projected salary growth, ranging from 6.2 per cent to 11.3 per cent, signals a broader realignment in India's job and wage landscape. As new-age industries scale rapidly, demand is shifting toward roles that combine technical capability with immediate business impact," TeamLease Services CEO - Staffing, Kartik Narayan said. The report, based on inputs from 1,308 businesses across 23 industries and 20 cities, noted that the highest salary ...
TCS has not decided on salary hikes for FY25 due to macroeconomic uncertainties and delayed deal closures, with an update expected once the situation improves, says HR head Milind Lakkad
Median annual salaries at top 10 MBA colleges may rise to ₹26 lakh in 2025 from ₹24 lakh; At top 10 BTech colleges, compensation could rise to ₹17 lakh from ₹16.3 lakh
Accenture shifts appraisal cycle to June citing economic uncertainty and US contract cancellations; 50,000 employees to be promoted globally including 15,000 in India
The Accenture promotions will take place in June, which will now replace the traditional December round of promotions
The hikes will be implemented later in the financial year, once there is greater clarity and the outlook improves, company executives said at a press conference on Thursday
Bihar Cabinet has approves 30 per cent hike in salaries, allowances for ministerial-equivalent roles; and gave nods creation of 26,000 government posts, including three new health directorates
Top execs like COOs, CFOs, CHROs, CMOs & CSOs saw 7-11 per cent pay hikes this year. COOs and CFOs remain highest paid after CEOs, with annual salaries nearing ₹4 crore
With significant parliamentary changes occurring, how do these neighbouring countries compare in their compensations to their lawmakers