According to the TeamLease Services report, most companies are not going to increase their salary this year. Very few companies will increase salary and some companies will cut salary. However, the salary of professionals with special skills will increase well this year. They are in great demand.
the midst of the New Delhi Corona crisis, there has been a report about the job seekers, which everyone should read. In this report, three major things have been said. According to this, there are very few companies that will increase salary this year . Even if some companies do, it will be very modest. However, for special skill professionals, companies are willing to increase their salary by 15%. Companies want to keep such staff with them.
The salary of most employees will not increase,
apart from this, most of the companies will be those who are not going to increase their salary. There may be some companies which cut down on the increase in salary. However, salaries for employees with special skills may increase by 15 percent or more. The Primer Report -2020 on the jobs and salaries of TeamLease says that this epidemic has not only affected employment, but it has also changed the way Indian industry rewards its employees.
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Companies are shying away from increasing salary
The report states that employers in various sectors and cities are offering wage increases of more than 15 percent to employees with high efficiency. The increment in various regions and cities has been 4.26 percent (minimum) to 11.22 percent (maximum). Rituparna Chakraborty, co-founder and executive vice-president of TeamLease Services, said, “Companies are reluctant to give employees an increment, but at the same time are ‘rewarding’ employees with special skills.” In fact, the demand for employees with special skills has increased due to the epidemic. ‘
According to the analysis, this year there will be an increase in the salaries of Hadoop developers (involved in data maintenance), animators working in academia, collection officers in industry manufacturing and digital marketing heads in IT and knowledge services at BFSI this year. This TeamLease report talks about hiring and salary trends in various industries. The latest report analyzes salaries of more than 2,52,000 professionals from 17 regions across nine cities.
