Average salary hike to be 9.7 percent this year

Employees in India are expected to get an average salary hike of 9.7 per cent this year, a marginal increase from last year, while top performers will get 15.6 per cent hike as companies are focusing on performance and productivity. HR consultancy firm Aon’s annual salary increase survey predicts an average salary hike of 9.7 per cent across industries as companies expect a positive economic outlook backed by high economic growth expectation, high domestic demand and low inflation. Last year, the survey had projected an average salary increase of 9.5 per cent. Continuing the trend, India continues to lead the Asia-Pacific region in terms of average salary hike.