India Inc to give average salary hike of 10.3%

February 20, 2013 13:19

India Inc employees can expect a dismal average salary hike of just 10.3 per cent in 2013, the lowest salary hike in a decade barring 2009, according to the annual salary increase survey of HR consulting firm Aon Hewitt.
Reflecting the growth expectations of 5 per cent, India Inc. has projected an average salary increase of 10.3 per cent for 2013, according to the survey.
The survey is based on responses from 518 organisations across 20 industries. Financial services, technology, outsourcing have seen the greatest volatility and remain cautious in 2013. Consumer and industrial sectors which so far have been resilient, also reported conservative increase projections in the survey.

« Back to LIVE

TOP STORIES

Gymnast Dipa Karmakar fails to qualify for Olympics in vault

Dipa Karmakar claimed a creditable fourth place in the women's vault final at the FIG Apparatus World Cup.

Using children in pornography a matter of serious concern, an offence too: SC

The observations came from a bench of Chief Justice DY Chandrachud and Justice J B Pardiwala while reserving the verdict on an appeal filed by NGOs -- Just Rights for Children Alliance of Faridabad and New Delhi-based Bachpan Bachao...

India's free style wrestlers miss out on Olympic qualification

Aman Sehrawat missed out on securing a berth for the Paris Games after losing his semi-final at the Asian Olympic Qualifier.

Impact Player rule not ideal for coaches, says Ponting

Delhi Capitals head coach Ricky Ponting said fans should be able to decide on the future of the Impact Player ruling in IPL.

Newlyweds in wedding attire queue up to vote in J-K's Udhampur

Several newly-wed couples turned up at polling stations in wedding attire to cast their votes in Jammu and Kashmir's Udhampur constituency which went to polls in the first phase of Lok Sabha elections on Friday.