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Can you expect a salary hike, bonus in 2021?

Can you expect a salary hike, bonus in 2021?
More companies are planning to give better salary hikes and bonuses to existing employees in 2021, as per a fresh salary trends survey. The average salary hike expected in India in 2021 is 7.3 per cent.
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UPDATED: January 21, 2021 14:32 IST
More companies in the country are set to give better salary hikes and bonuses to employees in 2021. (Photo: Reuters/Representational image)
With the economic situation in India gradually improving, more companies in the country are hoping to give better salary hikes and bonuses to existing employees besides ramping up hiring activity.
While only a few companies handed out bonuses and salary hikes to workers in pandemic-hit 2020, the situation is likely to be better this year, according to a fresh survey quoted in an Economic Times report. ....

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Jobs, salary hikes, bonuses likely to make comeback in 2021: report

Updated Jan 21, 2021 | 08:30 IST
As many as 60% companies want to give salary hikes and bonus payouts to employees in 2021. Out of employers surveyed, 30% are still mulling to whether to extend the benefits to their workforce.
Jobs, salary hikes, bonuses likely to make comeback in 2021: report | Photo Credit: Thinkstock
New Delhi: In the pandemic-scarred 2020, salaried employees who retained their jobs did not anticipate salary hikes and bonuses yet a very small proportion of companies did.
However, this might change in 2021 as 60% companies want to give salary hikes and bonus payouts. Out of employers surveyed, 30% are still mulling to whether to extend the benefits to their workforce. ....

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