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Companies in the banking, financial services and insurance (BFSI) sector (10% vs 9.8%), retail (10% vs 9.9%) and captives (9.9% vs 9.8%) have projected marginally higher increases for 2024 as compared to the actual salary increase in 2023 due to the continued demand for talent.
Indian companies expect to raise employee salaries by 9.8% in 2024, close to the 10% increase in 2023, making India the country with the highest salary hikes in Asia Pacific, according to WTW's Salary Budget Planning Report. The report cited tighter labour markets and rising inflation as some of the major concerns influencing salary increase in companies for next year.
Pti: Infosys, IndusInd Bank, Jio Platforms, and Stellantis Acknowledged for Creative Use of Open Source at the Red Hat APAC Innovation Awards 2023 for India
The residents claim that NFA has extended the boundaries from the original land that their grandparents gave to the government between 1967 and 1968 but they have now entered by more than three...
The resilience exhibited by the Indian economy despite the global headwinds and availability of talent continues to help the office property markets in key cities sustain the growth trend.