Hoping for a good appraisal? Three reasons why your salary this year wont increase by much
Chances are that the employees in Indias pay hike is likely to be sub-10% across industries in 2017.
For those of you hoping for good appraisal in the present year chances are that the pay hike is likely to be sub-10% across industries, says Aon Hewitt's recent 'Salary Increase Survey' conducted across 1000 plus companies in India.
Industries like Cement, Transportation/Logistics/Shipping Services, Financial Institutions, Real Estate and Infrastructure, Hi Tech/Information Technology, ITeS, among others are projected to record pay hike of 7.6% to 9.9% in 2017, cited the recent findings of survey.
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However, for sectors like Consumer Internet Companies, Life Sciences, Professional Services, Chemicals, Entertainment Media, Automotive/Vehicle Manufacturing, Consumer Products, the survey has projected a double-digit growth in pay hike in the range of 10.2% to 12.4% in 2017.
Employees in India can expect average pay hike of 10.3% across job roles in 2017: Report
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