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India Inc survey reveals nearly 60% set to give salary hikes this year

Apr 14, 2021 08:58 IST | By PTI

59% of companies in India are intending to give salary increments to their employees in 2021 according to s survey done by staffing company Genius Consultants. The study also reveals that majority expect the hike to be in the range of 5-10%.

The nationwide study further revealed that around 43% of the participants have said there are openings for new recruitments while 41% have indicated towards replacement hiring.

The study was conducted online among 1,200 companies during February and March across sectors. 

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