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Vaccine rollout and falling Covid cases have added momentum to the white-collar job market


Vaccine rollout, falling Covid cases are adding momentum to white-collar job scene in India
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​​A decline in Covid cases as well as fatalities and the imminent vaccine roll-out for the masses have proven to be the foremost factors giving an impetus to the battered job market.
ET Bureau
We can safely say that we are at 80-90% of the pre-Covid job market,” says Sandeep Gulati, managing director, ManpowerGroup India. As recently as December, companies hesitated to talk about hiring intent, which is now giving way to cautious yet concrete hiring plans in the coming months. So, what changed? ....

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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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Odds are, you will get a salary hike this year; best pay increase in healthcare, ecomm, tech

Average increment will be 6.7% for professional services, 6.1% for retail and 6% for transport and distribution. Lower down, the industrial and manufacturing sector can expect a 5.9% average, natural resources and energy 4.9%, and 5.3% for property and construction. ....

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