Indian companies to revert to 9% salary hikes: Survey
Some sectors have decreased the forecast to 7-8% in line with the organisation's performance, says Mercer.
pay hike
February 2023
May 2022
March 2022
Infosys hikes CEO Salil Parekh's salary by 88% to ₹79 crore
Almost 97% of the increase in Salil Parekh's proposed annual remuneration is linked to performance.
Average pay hike in India projected at 9.1% in 2022
Almost all organisations are planning to give increments in 2022, compared with 92% in 2021 and only 60% in 2020.
