Salary Increment in FY 2025: According to the Remuneration Survey of HR consulting firm Mercer, in the last five years, the salary of employees has increased continuously. In 2020, it was 8 percent and is estimated to increase to 9.4 percent in 2025.
Salary hike in India for 2025: There is good news for the employees of India, this year they can get a good salary hike. According to a report released on Tuesday, Indian employees can expect an average salary hike of 9.4% across all industries this year, which reflects strong economic growth and increasing demand for skilled workers.
Estimated 9.4% increase in salary of employees
According to the Remuneration Survey of HR consulting firm Mercer, over the last five years, employees’ salaries have increased steadily. In 2020, it was eight percent and is expected to increase to an average of 9.4 percent in 2025.
More than 1,550 companies from India participated in this survey, which included companies from sectors like technology, life sciences, consumer goods, financial services, manufacturing, automotive, engineering etc.
How much can the salary of employees increase in which sector?
The salary of employees in the automotive sector is expected to increase by 10 percent. Last year it was 8.8 percent. This increase has been possible due to the increasing demand for electric vehicles and the government’s ‘Make in India’ initiative. At the same time, salary increase in the manufacturing and engineering sector is expected to be 8% to 9.7%, which indicates an improving manufacturing ecosystem.
Furthermore, the report revealed that in 2025, 37% of organizations are planning to increase the number of employees, which shows the growing demand for talent across various sectors.
There is a greater risk of losing jobs in these sectors
Voluntary attrition is expected to remain stable at 11.9 per cent, with the highest rates being reported in Agriculture and Chemicals (13.6 per cent) and Shared Services Organisations (13 per cent), indicating a competitive talent market. It is also expected that this year some organisations will focus on issues such as strategic recruitment, competitive compensation, upskilling and employee engagement to attract talent, reduce turnover and meet workforce demands to maintain growth.
Mansee Singhal, India Career Leader, Mercer, said, “India is witnessing a lot of change in terms of talent. The increase in salary is also reshaping the workforce, in addition, the adoption of performance based salary plans by more than 75 percent of the organizations, giving importance to performance in the short term and long term, shows a big change. ”
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