Indian firms are likely to offer a bumper pay hike, however, it is also possible that some of the salary increments may not translate into higher take home pay for employees if organisations choose to re-structure the pay packages on the line of new definition of wages, says a survey.
Companies in India are 7.7 percent salary increase in 2021, one of the highest among the BRIC nations, and higher than the average actual increase of 6.1 per cent in 2020, Global professional services firm Aon Plc that released insights from its latest Salary Increase Survey in India said.