apac: 'Indian companies may offer highest salary increases in Asia Pacific next year'
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.
Source: indiatimes.com