India Inc to see 10% median salary hike in 2023 | Mint - Mint
8/15/2022 12:00:00 AM3 years 6 months ago
by Devina Sengupta
by Devina Sengupta
Companies in India are budgeting an overall median increase of 10% for 2023--translating to an average salary increase of 9.8%--compared with the actual 9.5% rise in 2022
MUMBAI: India Inc. will see a 10% median salary hike in 2023, pushed by labour constraints and inflation concerns. Global advisory firm WTW noted that the median increase could translate to a 9.8% hi… [+1377 chars]
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