Employees in the automobile, manufacturing & engineering and life sciences in India are projected to see the highest salary increment increases, highlighting the competitive nature of these sectors.
91 percent and 72 percent of respondents from India and Malaysia expect more than a 20 percent increase in their base salary while changing employers, according to the ‘Adecco India Salary Guide 2024’ report
A remarkable 76 percent of employees expressed their openness to considering a job change based on the survey results for the fiscal year 2022-2023.
While it's easy to figure out why salaries are confidential, it’s tricky to understand why HR sometimes prefers to lose an employee and hire a replacement at a higher salary.
Experts feel such policies are highly employee-centric and require a further evolution of the socio-economic landscape of our workforce before becoming implementable
Globally, 83 percent of employees are anticipating a salary hike over the next 12 months, either from their existing employer or by moving jobs, a survey of over 32,000 workers in 17 countries has found.
While the Life Sciences sector is expected to witness the highest increments in 2023, the IT sector will likely witness a major drop in increments as compared to 2022.
The 19th Annual Salary Increase Survey of more than 580 companies conducted by Aon Hewitt says that in 2015 you can expect a 10.6 percent salary hike. However, after factoring in inflation the actual increase will only be 5.5 percent.