salary increase in likely to be 9.5% and for the first time in 8 years, it will be sub 10. Across industries, this year in India, avg.Perhaps this is an explanation why there is such a big difference between avg. The pool of employable talent is relatively small in India, and arguably, all of corporate India Inc. Incidentally, CPI inflation in India is 3.2%, and clearly the avg.

In developing nations that has not been the case and scripts a different story. salary increases have been in the range of 2 вЂ“ 4 % annually, and more in line with inflation figures. For over a decade, India has been leading the average salary increase percentage, followed closely by China & Philippines.At the time of the Brexit referendum, the business sentiment wasnвЂ™t too bright, but thankfully it has shown a lot of improvement in the last couple of months. As seen across industry sectors (in 2017) in India, 67 % of the companies are experiencing business improvement (slight to massive) 25 вЂ“ 26 % believe they have stabilized and only 7 % of the companies are seeing a decline.It spanned across 20 industry clusters and 130 sub clusters to lend breadth, diversity and high credibility. The sample size this time was most noteworthy вЂ“ about 1000 companies, of which 420 were from manufacturing (approx.) and 550 from services. Over time, companies have leveraged the findings in determining salary increases for the year. Riding on the success carved out over 2 decades, this particular study of Aon Hewitt, the вЂњSalary Increase TrendвЂќ, is now widely regarded as its flagship research initiative. Information sharing is one of the ways to do so. In such times, it helps a great deal if the community comes together to face the challenge and help each other stay afloat. The previous year was particularly volatile.

Average salary in india 2017