Salary Increase In 2023 in India: Good news is coming out for those doing jobs in the country. If you are employed i.e. working for 8 to 12 hours in a company, then this news can be useful for you. Along with reading this news, a smile will suddenly appear on your face. Yes, your salary can increase this year. This has been revealed in a survey by Aon plc. According to the survey, this year 2023 salary in India will see a huge increase of more than 10 percent. Know what is the complete information related to this survey.
Your salary will increase by 10.3 percent
Aon Plc has given great information in its 28th Annual Salary Increase Survey in India. It has been said in the survey that, in this year 2023, the salary of employees in India is expected to increase by 10.3 percent. Due to this, in the last year 2022, a real increase of 10.6 percent was seen in the salary of Indian employees. For this reason, this year’s growth has been the highest among major economies of the world and among Asian countries.
What is Salary Increment Survey
In the Aon PLC survey, it was said that despite the economic instability, there has been a good increase in salary in India. This year 2023 2-digit salary increases are projected to continue in response to the high attrition rate. The attrition rate in India for the year 2022 was very high. 21.4 percent of the employees in the country had left the job last year.
Back-to-back 2-digit increases
Aon Director and India Practice Leader Pritish Gandhi (Pritish Gandhi, Aon Director & India Practice Leader) says that organizations in India are increasingly prioritizing spending on top performance, key talent and high-potential talent. Thus, with back-to-back double-digit growth, India is growing rapidly despite fears of global macro-economic uncertainty.
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