Page 9 - Salary Hike

Slowdown effect? Salary increase in 2020 may be lowest in a decade at 9.1%

However, 39% of companies still plan to offer increases of 10% or more: Aon survey

Average stipend up by 37% as IIM Udaipur completes summer placements

International offers, on the other hand, increased by 138 per cent over the previous year to stand at 31 this year

Job opportunities, salary hikes to remain muted next year: Experts

Across industries, the percentage of organisations indicating an increase of headcount has gone down

75% employees happy with job, but not with salary, says Monster report

However, the pay-satisfaction recorded the lowest and continued to decrease, witnessing a 21.6% fall

India to see 10% salary increase in 2020, highest in Asia Pacific: Report

As the economy continues to falter, salaries in India are projected to rise 10 per cent in 2020, says a report. In 2019, the effective wage increase was 9.9 per cent which is projected to touch 10 per cent next year. While salary increases are stabilising around the 10 per cent mark, they remain the highest in the Asia Pacific region, according to the Salary Budget Planning report released by Willis Towers Watson. Indonesia is projected at 8 per cent, China at 6.5 per cent, Philippines at 6 per cent, Hong Kong and Singapore both at 4 per cent. "Though salary increases in India continue to be among the highest in the region, companies are taking a cautious approach and do not intend to make any significant changes from previous years," Willis Towers Watson India consulting leader (talent & rewards), Rajul Mathur, said. Companies are beginning to make selective skill-based compensation adjustments to cater to requirements around automation and digitisation, he ...

With 10% salary hike, a good year for employees of listed companies

Average salary may have grown fastest since at least 2014-15

India Inc to witness double-digit salary hike this year, says report

The report analyses hiring and salary trends across industries, providing an overview of unified salaries across temporary and permanent profiles

India Inc's average salary hike to be 9.7% this year: Aon report

Last year, the survey had projected an average salary increase of 9.5 per cent

Indian employees may see a 10% salary hike in 2019, highest in Asia Pacific

The estimated 10 per cent average hike in 2019, is at par with the actual rate of increase in the previous three calendar year in India

As revenue stagnates, Indian techies get single-digit salary hike

Low attrition, shifting business model impact employee compensation

'To retain key performers, employees can expect salary hike of 9-12%'

Employees can look forward to an average hike of 9-12 per cent while top talent may get as much as 15 per cent raise this year as improving hiring pace is pressing organisations to retain their key performers, says HR experts. Companies are increasingly making sharp differentiation between high and average performers and are adopting measures like variable pay, increments and career opportunities to differentiate between them, they said. Consumer driven sectors such as FMCG/CD, retail, media & advertising are giving positive appraisals this year. "Appraisal percentage in the current year will be on an average 9-12 per cent; it is little higher than previous year wherein the increase in compensation is going to be more at mid-junior level as compared to senior level," said Sunil Goel, MD GlobalHunt an executive search firm. Joseph Devasia, Managing Director of Antal International India, a global executive recruitment firm, also noted that "appraisals for 2016-17 were slightly ...

Cabinet approves proposal to hike salaries of HC, SC judges

The cabinet decision follows the implementation of recommendations of the 7th Central Pay Commission in respect of civil servants

Salary hikes, attrition reduce in Q1 FY18 amid IT lay offs, slow job hiring

Average salary hikes and voluntary attrition levels in top sectors declined during April-June quarter over last year, amid uncertain hiring prospects and lesser job opportunities, says a survey. According to online recruitment and career solutions portal Wisdomjobs.Com, most industries witnessed conservative appraisals that were considerably lower than the two-digit salary hikes seen in the previous year. "Most sectors have seen conservative appraisals this quarter on the back of several external factors that impacted them in the previous two quarters," Wisdomjobs.Com founder & CEO Ajay Kolla said. Kolla further said, "hiring outlook of Indian companies, although still positive, will be characterised by a wait-and- watch approach as they come to terms with the real impact of automation - especially in the IT sector - and the consequent need for re-skilling their employees". This trend is likely to continue for a couple of quarters before picking up again, he said. The survey

India Inc to get 9.5% salary hike this year

The overall attrition number for India at 16.4% is one of the lowest in the emerging market segment

New report reveals Indians likely to get lower salary hikes in 2017

Employees are expected to see an average 10 per cent increase in salary in 2017

Gloom at offshore drilling companies

Crude oil below $50 per barrel sends jitters to offshore drilling business

Telangana Assembly passes bill to hike salaries of MLAs, MLCs

The hike will cause an estimated cost of Rs 42.67 crore per annum

India Inc salary hike dips to 10.3%; lower than last year

Since 2012, there has been a status quo in general compensation trends in India as average salary rise is hovering around 10% levels.