Salary Hike: This year private sector companies can increase the salary of their employees by 10%, which is the highest among BRICS countries.
In a comparative study between Brazil, Russia, India and China, global professional services firm Aeon found that India is expected to see the highest increase in employee salaries at 9.9 per cent, compared to 6.1 per cent in Russia, 6.0 per cent in China and 5 per cent in Brazil. It is estimated that an increase of .
Salary Hike: After the crisis caused by the Corona epidemic (Covid-19) , Indian companies can increase the salary of their employees by 9.9 percent (Employees Salary Hike) , which is the highest among BRICS countries. In a comparative study between Brazil, Russia, India and China, global professional services firm Aeon found that India is expected to see the highest increase in employee salaries at 9.9 per cent, compared to 6.1 per cent in Russia, 6.0 per cent in China and 5 per cent in Brazil. It is estimated that an increase of
According to the report, the salaries of employees in the e-commerce and venture capital sectors are expected to increase the most. Apart from this, the salary of employees working in high tech, IT, IT based service and life science sectors will also increase.
However, the rate of non-filling of vacant posts is also the highest in India itself. Last year this rate was 21 percent, which is the highest in the last decade.
Nitin Sethi, CEO and Partner, Aeon in India, said that the increase in wages for employees is a welcome initiative in times of turmoil. However, it is a double-edged sword for companies, where the cost of hiring a skilled worker is rising with a large number of layoffs.
Data from 1,500 companies from more than 40 industries were analyzed to prepare this report.
According to Roopank Choudhary, another partner of Aeon, the industries that faced the first wave of the corona pandemic such as retail, logistics, restaurants etc. have also come back on track through modern digital channels and this return has been seen in an increase of eight percent and above in salary. May go.
However, he has described the pressure of inflation and the threat of corona infection as an obstacle in the way of salary hike.
