This year, the salary of Indian employees will increase the most in the world! This information came out in the report
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Good News For Indian Employees: A good news is coming out for Indian employees. In fact, it has been estimated that in the year 2023, the salary of Indian employees can increase by up to 9.8 percent. This increase is the highest in India compared to all Asian countries. However, in view of the rising inflation, the possibility of ups and downs has also been expressed in it.
This information came out in the survey report
Consulting firm Korn Ferry Global has said these things in its salary forecast survey. Indian employees are set for the biggest pay hike in Asia this year, says the survey. The salary of top talented employees can increase by more than 15 to 30 percent. The average salary in the South Asian nation will increase by 9.8 percent this year, after a 9.4 percent increase last year, the report said. At the same time, salary hike of more than 10 percent can be found in hi-tech industries, life sciences and health care sector.
Survey done among 818 companies
Korn Ferry has conducted this survey among a total of 818 companies. In which more than 8 lakh employees work. The survey found that 61 per cent of the organizations are paying retention payments to some key employees. At the same time, an increase of 9.8 percent has been estimated in the salary of the employees of India. Apart from this, 3.5% in Australia, 5.5% in China, 3.6% in Hong Kong, 7% in Indonesia, 4.5% in Korea, 5% in Malaysia, 3.8% in New Zealand, 5.5% in Philippines, 4% in Singapore, 5% in Thailand percent and in Vietnam there can be 8 percent salary hike. Whereas, 60 percent of the companies have asked the employees to adopt the hybrid model of work.
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