Pay Raise Average For 2024 India. India inc is set to see a 9.6% salary increase on average in 2024, similar to the actual increase last year, according to the second edition of ey ‘future of pay 2024’. Annual salary hike season in india sees average rise of 9.5%;


Pay Raise Average For 2024 India

Salaries in india are expected to increase by 9.5 per cent in 2024, slightly lower than the actual increase of 9.7 per cent in 2023, largely in response to market dynamics, according to global professional. The planned increase of 5.0% is 0.3 percentage points below the 5.3% actual of 2023, but it is in line with the 5.0% average actual increase granted in 2022.

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