10% Salary Hike Will Given By Indian Companies in 2023. Indian companies will likely give the 10 percentage of the salary hike in the upcoming academic year 2023. The reason for this salary hike in the future for the Indian workforce is that the attrition rate of the companies across the nation. To know more details stay tuned with us.
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As per the report, workforce of the nation will get more salary in the next year due to attrition. Companies in India are making the budget an overall median increase of 10 percentages for 2023 translating to an average salary increase of 9.8 percentages compared with the actual 9.5 percentage rise in 2022.
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Advisory firm WTW’s salary Budget Planning Report reads, “Salary budgets for employees in India are projected to increase in 2023, mainly influenced by a continuation of the tight labour market and rising inflation concerns”. To get the informative and innovative news second by second follow our page frequently.
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