Pay Hikes in 2016 to be Slightly Lower at 10.3%: Study
New Delhi: Employees in India can expect an average pay increase of 10.3 per cent across various job roles in 2016 with chemicals and high technology industries likely to lead the market in terms of salary hikes. According to a research by Hay Group division of Korn Ferry, the 10.3 per cent pay rise across sectors represents a slight dip against an actual average salary increase of 10.4 per cent across India Inc last year. “This year’s compensation study predicts the pay rise to be more or less the same…
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