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Faster-than-expected economic recovery. Revival in business and consumer confidence. New Delhi: Companies in India are expected to dole out an average increment of 7.3 percent to employees this year amid faster-than-expected economic recovery and revival in business and consumer confidence, according to a survey. The first phase of the 2021 Workforce and Increment Trends Survey by Deloitte Touche Tohmatsu India LLP (DTTILLP) also said the average increment this year will be higher than 4.4 percent seen in 2020 but lower than 8.6 percent given by companies in 2019. As many as 92 percent compan...

Companies in India are expected to dole out an average increment of 7.3 per cent to employees this year amid faster-than-expected economic recovery and revival in business and consumer confidence, according to a survey.

Mint Lite | Fight against Covid, Eritrea base dismantling, increments & more Premium (MINT_PRINT) Sohini Sen Share Via Read Full Story There are some encouraging signs in the fight against the pandemic, with new global infections slowing sharply, according to data from Johns Hopkins University. There were 2.7 million new covid-19 cases in the week ended 14 February, the lowest since October. The death toll is also beginning to ease, but at a less dramatic pace. Meanwhile, the United Nations is pushing for a worldwide vaccination effort. In the UK, scientists are set to carry out the world’s...