According to the survey, amid growing uncertainty and slow growth at the global level, the average salary increment this year can be 9.2 percent, whereas last year it was 9.3 percent. Let’s know what the report has to say about salary hike…
Salary Hike 2025: There is good news for employees working in the private sector. Salary can be seen increasing up to 9.2% in India this year. This rate was 9.3% in 2024, which means there may be a slight decline. This information has come out from the Annual Salary Increase and Turnover Survey 2024-25.
Actually, according to the Annual Salary Increase and Turnover Survey 2024-25 of global professional services firm AON PLC, the salary increment in India is going to be up to 9.2% this year, while last year it was 9.3 percent. This means that this year the salary will increase less than last year.
Salary of people in this sector will increase more
This study of Aon has been prepared by combining data of more than 1,400 companies and 45 different industries. According to the report, employees coming under engineering design services, automobile and vehicle manufacturing, NBFC (non-banking financial companies), retail sector, global capability centers (GCCs) and life sciences and healthcare can see a big hike in salary.
Know what Mercer’s survey says
Recently, a report from HR consulting firm Mercer’s ‘Remuneration Survey’ also came out, which says that salaries in India will increase by 9.4% in the year 2025. This survey report has been prepared by analyzing the data of more than 1,550 companies from various sectors. It includes sectors like technology, life sciences, financial services, consumer goods, manufacturing and automotive.
Salaries are expected to increase by 8.8 percent to 10 percent in the automotive sector. The salary of employees working in the manufacturing and engineering sector may increase by 8 to 9.7 percent. Last year it was 8.8 percent.