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Indian companies to give bumper salary hike in 2021, but your take home pay will still not increase --Here's why

Companies in India are 7.7 percent salary increase in 2021, one of the highest among the BRIC nations, and higher than the average actual increase of 6.1 per cent in 2020, Global professional services firm Aon Plc that released insights from its latest Salary Increase Survey in India said.
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Source: india.com

India Inc to offer 7.7% average salary hike in 2021: Aon

India Inc to offer 7.7% average salary hike in 2021: Aon Highest-paying sectors in 2021 continue to be the ones from last year -- information technology, IT-enabled services, life sciences, e-commerce and fast-moving consumer goods BusinessToday.In | February 24, 2021 | Updated 10:42 IST Eighty-eight per cent of surveyed companies reported that they intend to increase salaries in 2021, reflecting positive business sentiment Global professional services firm Aons 25th Annual Salary Increase Sur...
Roopank Chaudhary Salaryincreasesurvey Sispic Nitin Sethi Salary Increase Annual Salary Increase Survey Aon India Consulting

India Inc to offer average salary hike of 7.7% in 2021

Updated Feb 23, 2021 | 19:10 IST As per the survey, e-commerce and venture capital-backed firms will give the best pay hike at 10.1%, followed by technology sector at 9.7%, ITES at 8.8%, and entertainment and gaming at 8.1% India Inc to offer average salary hike of 7.7% in 2021&nbsp New Delhi: India Inc is likely to offer an average salary hike of 7.7% to employees in 2021 but performers are projected to get 1.6 times more, the India Salary Increase Survey by global prof...
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Organisations In India Projecting 7 7 Salary Increase In 2021 Survey

BW Businessworld Organisations In India Projecting 7.7 % Salary Increase In 2021: Survey The proposed definition of wages under the new Labor Codes could lead to additional compensation budgeting in the form of higher provisioning for Benefit plans like gratuity, leave encashment and provident fund. Photo Credit : Shutterstock Companies in India are likely to offer a 7.7 per cent salary increase in 2021, one of the highest among the BRIC nations, and higher than the average actual increase of 6...
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India Inc projected to give 7.7% salary hike in 2021: Aon Survey

February 23, 2021 × India Inc is projected to give an average salary hike of 7.7 per cent in 2021, according to a survey by global professional services firm Aon. Eighty-eight per cent of the companies surveyed said they intend to hike salaries of their employees, according to the survey that analysed data across 1,200 companies from more than 22 industries Despite a tough 2020 with stringent lockdowns, India continues to project the highest salary increases among the BRIC nations, Aon said ...
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Aon India's survey projects 7.7% salary hike in 2021 against 6.1% in 2020

With positive business sentiment gradually growing within India Inc after a tough Covid-19 pandemic hit 2020, salary increment is being projected to grow from actual average 6.1 per cent last year to a projected average of 7.7 per cent in 2021. Findings in the latest Salary Increase Survey in India by global professional services firm Aon plc shows that more companies plan to give increments, with 88 per cent expressing the desire in 2021 as compared to 75 per cent companies in 2020. The stud...
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Workers' and farmers' uprising shakes the Indian state – Workers World

Workers’ and farmers’ uprising shakes the Indian state By TAMARAI “There cannot be, nor is there nor will there ever be ‘equality’ between the oppressed and the oppressors, between the exploited and the exploiters. There cannot be, nor is there nor will there ever be real ‘freedom’ … as long as there is no freedom for the workers from the yoke of capital, and no freedom for the toiling peasants from the yoke of the capitalists, landlords and merchants.” – V.I. Lenin, “Sov...
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