Only 13 per cent employers in India have hiring plans for next three months: Survey
5 years, 6 months ago

Only 13 per cent employers in India have hiring plans for next three months: Survey

India TV News  

With India's job market undergoing a transition, only 13 per cent of employers across the country indicate upbeat hiring plans for the next three months, while 61 per cent anticipate no change in their payrolls, a survey said Monday. According to the ManpowerGroup Employment Outlook Survey, while 13 per cent of employers expect to increase payrolls, none forecast a decrease, 61 per cent anticipate no change and 26 per cent were unsure about any change in payrolls, resulting in a net employment outlook of 13 per cent. "According to ManpowerGroup’s survey, India's job market, overall, looks consistent, although it is still going through the transition with a slight slowdown in employment," ManpowerGroup India Associate Director Marketing Cynthia Gokhale said. Sector-wise, the services sector is expected to drive the third quarter job markets with a net employment outlook of 16 per cent, followed by the mining and construction, wholesale and retail trade and manufacturing sectors with outlooks of 11 per cent.

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History of this topic

Employment increases 36 pc to 64.33 cr in last ten years: Mansukh Mandaviya
Trending News
1 week ago

Employment increases 36 pc to 64.33 cr in last ten years: Mansukh Mandaviya

Live Mint  

New Delhi, Jan 2 Union labour minister Mansukh Mandaviya on Thursday said employment in the country has increased by 36 per cent to 64.33 crore in 2023-24 from 47.15 crore in 2014-15, which shows improvement in job creation during NDA period. About the agriculture sector, the minister stated that employment declined by 16 per cent between 2004 to 2014 under …

Good News For Job Seekers! Indian Start-Ups To Ramp Up Hiring By 20-30 Per Cent In 2025: Report
3 weeks, 1 day ago

Good News For Job Seekers! Indian Start-Ups To Ramp Up Hiring By 20-30 Per Cent In 2025: Report

ABP News  

Indian start-ups are gearing up to bring in fresh talent as the organisations see an improvement in funding. A report by Moneycontrol showed that staffing firms estimate a 20-30 per cent increase in recruitment among start-ups going into the next year. Data from layoffs.fyi showed that job cuts in the start-up space have significantly declined, decreasing by 46 per cent …

India job outlook 2025: How IT, energy, infra, logistics will drive hiring
3 weeks, 5 days ago

India job outlook 2025: How IT, energy, infra, logistics will drive hiring

India Today  

Employers in India are more optimistic about increased hiring next year compared to their global counterparts. According to the latest ManpowerGroup Employment Outlook report, which surveyed 3,000 employers, 53 per cent plan to hire while 13 per cent anticipate a reduction in staffing levels during Q1 2025. Sonal Arora, country manager of GI Group Holding, stated: “Overall, 2024 was a …

India will emerge global powerhouse for skilled talent by 2030
4 weeks, 2 days ago

India will emerge global powerhouse for skilled talent by 2030

Deccan Chronicle  

New Delhi: Wheebox ETS India Skills Report 2025, in collaboration with CII, Taggd, AICTE, and AIU, unveils a strategic vision for "Global Talent Mobility" underscores India’s pivotal role in addressing global workforce demand, skills required fueled by rising employability, an optimistic hiring intent, and a roadmap for 2030. With 65% of the Indian workforce under 35 years old, India’s youthful …

Little change in India’s unemployment rate in urban areas: PLFS data
1 month, 3 weeks ago

Little change in India’s unemployment rate in urban areas: PLFS data

Hindustan Times  

India’s unemployment rate in urban areas during July-Sept 2024 stood at 6.4%, compared to 6.6% in the same period last year, according to the government’s quarterly periodic labour force survey released on Monday. According to the government’s Economic Survey 2023-24, India needs to create 7.85 million non-farm jobs every year until 2030 to absorb its growing labour force. The labour …

Urban labour market shows improvement as unemployment declines in September quarter
1 month, 3 weeks ago

Urban labour market shows improvement as unemployment declines in September quarter

Live Mint  

India's urban labour market demonstrated steady gains in July-September, with rising workforce participation and a slight dip in unemployment, according to recent data. Urban unemployment rate, a key indicator of joblessness, fell to 6.4% in July-September, down from 6.6% a year prior, as per data from the Ministry of Statistics & Programme Implementation on Monday. The Labour Force Participation Rate …

India on track to increase its workforce to 457.62 million by 2028, says a new report by American software company
1 month, 3 weeks ago

India on track to increase its workforce to 457.62 million by 2028, says a new report by American software company

Hindustan Times  

India is on track to increase its workforce from 423.73 million in 2023 to 457.62 million by 2028, reflecting a net gain of 33.89 million workers, a report said on Wednesday. According to a report by American software company ServiceNow, emerging technology will transform talent across India's key growth sectors, generating 2.73 million new tech jobs by 2028. "AI will …

Upskilling India's Workforce: A Roadmap for the Future Economy
2 months, 4 weeks ago

Upskilling India's Workforce: A Roadmap for the Future Economy

Hindustan Times  

The article highlights the need for India to invest in skill development and upskilling its workforce to address the challenges of a rapidly changing job market. The government's recent policy aims to enhance skill development for its youth through various initiatives, including the Skill India Mission and the launch of a new scheme focused on collaborative efforts between state and …

FY24 unemployment rate unchanged at 3.2%
3 months, 2 weeks ago

FY24 unemployment rate unchanged at 3.2%

Hindustan Times  

India’s annual unemployment rate remained unchanged at 3.2% in 2023-24, mirroring the previous year’s figure, despite an increase in the number of people working or looking for a job, according to the latest annual Periodic Labour Force Survey report released on Monday. FY24 unemployment rate unchanged at 3.2% {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} This marks the first time the headline unemployment …

IT and textile sector labelled 'job destroyers,' significant decline in job growth in FY 2023-24: BoB report
4 months, 2 weeks ago

IT and textile sector labelled 'job destroyers,' significant decline in job growth in FY 2023-24: BoB report

Hindustan Times  

India Inc. saw a significant slowdown in employment growth, with an increase of just 1.5 per cent in FY24, compared to a 5.7 per cent rise in FY23, according to a report by Bank of Baroda. Job growth increased by just 1.5% in FY24, compared to a 5.7% rise in FY23, {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} The report highlighted that only …

Were eight crore new jobs created in three years?
4 months, 2 weeks ago

Were eight crore new jobs created in three years?

The Hindu  

Employment, or the lack of it, has been a major issue of debate among economists and policy makers in India in recent years. Tailing this claim, the research team of the State Bank of India published a validating report that claimed a match between the total number of workers in the India-KLEMS database and in the NSSO’s Annual Survey of …

India's top 5 IT firms continue headcount decline for 7th straight quarter
5 months, 1 week ago

India's top 5 IT firms continue headcount decline for 7th straight quarter

Business Standard  

TCS led the ranking with total 606,998 employees, while Infosys came in second with 315,332 employees For the seventh consecutive quarter, India’s top five IT services firms have experienced a decline in headcount. The news report quoted Deepti S, business head of technology staff augmentation at staffing company Xpheno saying, “The gradual slowdown of the degrowth with the quantum of …

IT companies’ hiring to see positive traction in second half
5 months, 2 weeks ago

IT companies’ hiring to see positive traction in second half

New Indian Express  

BENGALURU: In the first quarter of this financial year, IT services companies showed signs of recovery in hiring compared to the previous a few quarters. HR experts say hiring in the second half of the calendar year will see positive traction. After three quarters, Tata Consultancy Services added 5,452 employees and onboarded 11,000 trainees in the first quarter. We expect …

Economic Survey 2023-24: Only 51% graduates employable
5 months, 2 weeks ago

Economic Survey 2023-24: Only 51% graduates employable

The Hindu  

According to the Economic Survey 2023-24, 65% of India’s fast-growing population is under the age of 35, and many lack the skills needed by a modern economy. The 2022-23 Annual Report of the Ministry of Skill Development & Entrepreneurship notes, “as per National Single SignOn, 2011-12 report on Status of Education and Vocational Training in India, among persons of age …

Economic Survey 2023-24: Economy needs to generate nearly 78.51 lakh jobs annually in the non-farm sector
5 months, 2 weeks ago

Economic Survey 2023-24: Economy needs to generate nearly 78.51 lakh jobs annually in the non-farm sector

The Hindu  

India's workforce is nearly 56.5 crore, with more than 45% employed in agriculture, 11.4% in manufacturing, 28.9% in services, and 13.0% in construction, highlights the Economic Survey 2023-24 released by the finance ministry on July 22. It stated, “The female labour force participation rate has been rising for six years, from 23.3% in 2017-18 to 37% in 2022-23, driven mainly …

Centre questions Citigroup’s report on employment in India
6 months ago

Centre questions Citigroup’s report on employment in India

The Hindu  

The Union Labour Ministry questioned the findings of a report prepared by the United States-based banking giant Citigroup and said the group failed to account for the “comprehensive and positive employment data” available from official sources such as the Periodic Labour Force Survey and the Reserve Bank of India’s capital, labour, energy, material and services data. The Citigroup’s report had …

Labour ministry rebuts Citigroup's research report on employment in India
6 months ago

Labour ministry rebuts Citigroup's research report on employment in India

New Indian Express  

NEW DELHI: The labour ministry on Monday rebutted a recent report by Citigroup which forecast that India will struggle to create sufficient employment opportunities even with a 7 per cent growth rate. The ministry in a statement said the report "fails to account for the comprehensive and positive employment data available from official sources such as Periodic Labour Force Survey …

Economic Survey 2024: 7.85 million non-farm jobs needed annually till 2030; over 7% fall in unemployment rate
6 months ago

Economic Survey 2024: 7.85 million non-farm jobs needed annually till 2030; over 7% fall in unemployment rate

Hindustan Times  

The Indian economy needs to generate an average of nearly 78.5 lakh jobs annually until 2030 in the non-farm sector to cater to the rising workforce, according to the Economic Survey for 2023-24. The rising employment of flexi workers through staffing companies can be a channel for ensuring social security for informal workers, it stated. "Consequently, the Indian economy needs …

India won't be able to create enough jobs over next decade even if economy grows 7%: Citigroup
6 months ago

India won't be able to create enough jobs over next decade even if economy grows 7%: Citigroup

Hindustan Times  

India will struggle to create enough jobs for its growing workforce over the next decade even if the economy grows at a rapid pace of 7%, Citigroup Inc. said, suggesting the world’s most-populous nation will need more concerted steps to boost employment and skills. India will struggle to create enough jobs for its growing workforce over the next decade even …

Nearly half of India's working professionals want to switch jobs this year: PwC survey
6 months, 2 weeks ago

Nearly half of India's working professionals want to switch jobs this year: PwC survey

Hindustan Times  

Around 43% of Indian employees are likely to switch jobs this year, according to a survey by PwC Global, which also highlights that more employees around the world are likely to switch jobs this year compared to the great resignation of 2022. More employees worldwide are likely to resign or switch jobs compared to the great resignation of 2022 The …

From the India Today archives (2022) | Why the Indian job scene is such a mess
7 months ago

From the India Today archives (2022) | Why the Indian job scene is such a mess

India Today  

The word rises like a dirge from all sides, painting the air in hues of what seems like a permanent lament. THE HUNGER Five years ago, India’s unemployment rate stood at a 45-year-high of 6.1 per cent, according to the NSSO’s periodic labour force survey. It even claims there was a 46 per cent decline—from 51 million in 2016-17 to …

Urban unemployment rate at 6.7% in quarter ending March 2024 : NSSO data
7 months, 3 weeks ago

Urban unemployment rate at 6.7% in quarter ending March 2024 : NSSO data

Hindustan Times  

India’s urban unemployment rate in the quarter ended March 2024 was 6.7%, according to data released by the National Sample Survey Office on Wednesday. On a sequential basis – quarter on quarter – the unemployment rate increased between quarters ended December 2023 and March 2024 for the first time after the quarter ended June 2021. The 6.7% urban unemployment rate …

Has the growth of India’s economy translated into domestic jobs?
9 months ago

Has the growth of India’s economy translated into domestic jobs?

Live Mint  

Recently, two international organizations published their assessment of India’s labour market and employment situation. Over the 42 years between 1980-81 and 2021-22, non-farm employment in India grew at a compounded average annual growth rate of 3.16%. As stated in its report, the concern of the World Bank is that the employment ratio in South Asian economies, including India, has declined …

Unemployment rate in urban areas falls to 6.50 per cent in Q3
10 months, 4 weeks ago

Unemployment rate in urban areas falls to 6.50 per cent in Q3

India TV News  

The unemployment rate in urban areas of India for individuals aged 15 years and above dropped to 6.5 per cent during October–December 2023, down from 7.2 per cent in the same period last year, according to government data released on Monday. The Periodic Labour Force Survey, initiated in April 2017 for more frequent labour force data, reported that the unemployment …

Median salaries for women rises 28% in 2024; 2.8 crore out of 7 crore applicants are female: Report
11 months ago

Median salaries for women rises 28% in 2024; 2.8 crore out of 7 crore applicants are female: Report

Live Mint  

New Delhi, Dec 24 Women accounted for an impressive 2.8 crore job applications, out of a total of seven crore in 2024, marking a 20 per cent increase from 2023, revealed a new report. The total of seven crore job applications, which itself is a "25 per cent year-on-year surge", according to the report, is primarily driven by heightened workforce …

Surge in AI and Healthcare hiring noted in India for January: Report
11 months ago

Surge in AI and Healthcare hiring noted in India for January: Report

India TV News  

Hiring for AI-related roles in sectors like hospitality, healthcare and FMCG has witnessed a significant growth in January 2024 in India. As per the Naukri JobSpeak Index, the white-collar hiring in India stood at 2,455 in January 2024, registering an increase of one per cent over the preceding month and about 11 per cent lower than in 2023. As per …

Hiring in India: 37% employers planning to increase staff strength by 2024 March
1 year ago

Hiring in India: 37% employers planning to increase staff strength by 2024 March

Live Mint  

India has one of the strongest hiring sentiments in the world over the next three months, with 37 percent of businesses planning to increase their staff levels in response to strong domestic demand, a report has stated. As per the survey, India and the Netherlands reported strongest net employment outlooks at 37 percent, followed by Costa Rica and the US …

Govt boosted employment in traditional as well as emerging sectors: PM Modi
1 year, 2 months ago

Govt boosted employment in traditional as well as emerging sectors: PM Modi

The Hindu  

Prime Minister Narendra Modi asserted on Saturday that his government has boosted employment opportunities in traditional as well as emerging sectors like renewable energy, defence exports and automation. “Today, India is equipping its youths with skills and education to harness emerging opportunities.” "India's trajectory and the pace of its progress are generating new employment prospects across all sectors," he said. …

India's unemployment rate hits 6-year low at 3.2% in latest government data
1 year, 3 months ago

India's unemployment rate hits 6-year low at 3.2% in latest government data

India TV News  

India's unemployment rate for individuals aged 15 and above has reached its lowest point in six years, registering at 3.2% during the period from July 2022 to June 2023, according to the Periodic Labour Force Survey Annual Report 2022-2023 released by the National Sample Survey Office. Rise in labour force participation The Labour Force Participation Rate in usual status for …

Data | The contours of India’s ‘formal jobs’ crisis
1 year, 5 months ago

Data | The contours of India’s ‘formal jobs’ crisis

The Hindu  

Since 2017, the Indian government has been using the Employees Provident Fund scheme’s data as a measure of payroll employment and formal job creation in the country. If we move past the basic scheme enrolment numbers, the EPF data, in fact, provide important insights into what’s happening to formal employment in the country. Unlike the EPF monthly enrolment data, which …

India Generates 1.25 Crore Jobs Over 9 Years; Labour Minister Bhupinder Yadav Reacts
1 year, 6 months ago

India Generates 1.25 Crore Jobs Over 9 Years; Labour Minister Bhupinder Yadav Reacts

News 18  

During a recent press conference, Union Labor and Employment Minister Bhupinder Yadav showcased the significant expansion of employment opportunities in India over the last nine years. He revealed that an impressive 1.25 crore new jobs have been generated since 2014, citing data from institution-based labour surveys conducted by the ministry. The minister also highlighted the substantial increase in registered subscribers, …

Indian IT sector to reduce college hiring by 40%, will prioritise last year’s offers first
1 year, 7 months ago

Indian IT sector to reduce college hiring by 40%, will prioritise last year’s offers first

Firstpost  

Currently, the job market for the Indian IT industry is extremely competitive due to companies increasingly laying off employees as a cost-cutting measure. In light of this situation, an analysis conducted by recruitment firm TeamLease Digital has revealed that most Indian IT companies are planning to hire 40 per cent fewer freshers during the financial year 2023-2024. The report also …

77% firms predict 2023-24 to have both replacements, new position hirings
1 year, 7 months ago

77% firms predict 2023-24 to have both replacements, new position hirings

Live Mint  

An online survey report on Monday said that 77% of Indian companies are planning to hire include both replacements as well as new positions in this financial year. Southern and western regions to have maximum hiring ratios in 2023-24, as specified by 33.30% of participants, Genius Consultants, a Kolkata-headquartered HR solutions provider, said in its report. The Kolkata based company …

22% churn in Indian job market likely by next 5 years; AI, tech among top roles
1 year, 8 months ago

22% churn in Indian job market likely by next 5 years; AI, tech among top roles

Hindustan Times  

A 22% churn in the Indian job market is estimated in the next five years where artificial intelligence, machine learning and data segments are likely to emerge as top job producing areas, according to a study by the World Economic Forum. The study, Future of Jobs report, said around 61% of Indian companies think broader application of environment, social and …

Indian job market to see 22% churn in 5 yrs; AI, machine learning among top roles: WEF
1 year, 8 months ago

Indian job market to see 22% churn in 5 yrs; AI, machine learning among top roles: WEF

The Hindu  

The Indian job market is estimated to witness 22% churn over the next five years, with top emerging roles coming from AI, machine learning and data segments, a new study showed on May 1. Globally, the job market churn is estimated at 23%, with 69 million new jobs expected to be created and 83 million eliminated by 2027, the World …

India Inc may raise pay by 10.3% this year
1 year, 10 months ago

India Inc may raise pay by 10.3% this year

Live Mint  

Indian companies may raise wages by an average of 10.3% this year despite concerns about a global slowdown, professional services firm Aon India said, as companies seek to retain talent amid the highest attrition in 14 years. Employee turnover of 21.4%, changes in talent strategies, and a demand gap in the supply chain are pushing firms to offer double-digit pay …

Salaries in India likely to increase by 10.3 pc in 2023: Survey
1 year, 10 months ago

Salaries in India likely to increase by 10.3 pc in 2023: Survey

Deccan Chronicle  

MUMBAI: Salaries in India are expected to increase by 10.3 per cent in 2023, highest among major world economies and Asian peers, according to Aon plc. As per Aon plc's 28th Annual Salary Increase Survey in India, double-digit salary growth will continue in India despite economic volatility, largely as a response to high attrition rates. "Organisations are increasingly prioritizing their …

Optimism is back but inflation casts a shadow
1 year, 10 months ago

Optimism is back but inflation casts a shadow

Live Mint  

The year 2022 was the first one with a semblance of normalcy after the covid-19 pandemic. The share of respondents who see a drop in earnings in the coming year stood in single digits for the first time since 2020. However, note that around 54% of respondents still find a job-hunt “difficult"—a reminder that India’s jobs crisis is far from …

Employment recovers beyond pre-Covid level: Economic Survey 2022-23 | DETAILS
1 year, 11 months ago

Employment recovers beyond pre-Covid level: Economic Survey 2022-23 | DETAILS

India TV News  

Economic Survey 2022-23: According to Economic Survey 2022-23 tabled in the Parliament on Tuesday, the labour markets and employment recovered beyond pre-Covid level with sustained effort in last few years. Unemployment rate declined to 7.2 Quarterly urban employment data shows progress beyond pre-pandemic levels as the unemployment rate declined from 8.3 per cent in July-September 2019 to 7.2 per cent …

IT, startups may cut up to 20,000 jobs in next 6 months
1 year, 11 months ago

IT, startups may cut up to 20,000 jobs in next 6 months

Live Mint  

India’s IT and startup sectors may lay off 15,000 to 20,000 employees in the next six months, battling slowing demand after the hiring frenzy of the last two years inflated salary costs. Over the last year, companies faced the fear of missing out on talent hiring and recruited in large numbers and paid them many folds more than inflation and …

India's unemployment rate rises to 8.30% in December, highest in 16 months: Report
2 years ago

India's unemployment rate rises to 8.30% in December, highest in 16 months: Report

The Hindu  

India's unemployment rate rose to 8.30% in December, the highest in 16 months, from 8.00% in the previous month, data from the Centre for Monitoring Indian Economy showed on Sunday. The urban unemployment rate rose to 10.09% in December from 8.96% in the previous month, while the rural unemployment rate slipped to 7.44% from 7.55%, the data showed. The unemployment …

Year in Review | Indian economy amid global headwinds
2 years ago

Year in Review | Indian economy amid global headwinds

The Hindu  

Multiple headwinds at varied points of time impacted the Indian economy’s thorough economic revival in the calendar year 2022. “India’s growth rates in real terms of 9.7% in the first half of this year is well above the trend in other countries and is happening amid tightening global financial conditions and the commodity price shock since the Ukraine invasion by …

Cooling hiring frenzy is good news for IT firms
2 years ago

Cooling hiring frenzy is good news for IT firms

Live Mint  

High attrition rates have been a headache on the margin front for Indian information technology services providers. Industrial policy eyes forex pile for finance Cartels may get to settle cases without admitting offence A further sequential moderation would be on the back of a slowdown in hiring trends. In Q2, net employee hiring for IT services companies halved year-on-year to …

India's unemployment rate dips to 7.2 per cent in second quarter from 9.8
2 years, 1 month ago

India's unemployment rate dips to 7.2 per cent in second quarter from 9.8

India TV News  

India unemployment rate 2022 : The unemployment rate, defined as percentage of unemployed persons in the labour force in the country above the age of 15 years in urban areas eased to 7.2 during the second quarter of 2022-23 from 9.8 in the year-ago period, according to data of National Statistical Office's 16th Periodic Labour Force Survey. The data had …

India's Job Crisis Laid Bare By PLI Data: Govt Investment Must Create Employment
2 years, 1 month ago

India's Job Crisis Laid Bare By PLI Data: Govt Investment Must Create Employment

The Quint  

The willingness or the lack of it, of people to invest, using the incentives provided via public or the taxpayer’s money to businesses, comes off as not a healthy barometer of the Indian economy. Consider just the two sectors being pointed out as showing robust growth—pharmaceuticals as the first, here, while the amount of investment is 107% of the target …

Salaries in India likely to rise by 10.4 pc in 2023: Aon Survey
2 years, 3 months ago

Salaries in India likely to rise by 10.4 pc in 2023: Aon Survey

Deccan Chronicle  

NEW DELHI: Corporate India is bullish about its strong business performance and expected to dole out a double-digit salary hike of as much as 10.4 per cent in 2023, a survey said on Monday. According to leading global professional services firm Aon Plc's latest Salary Increase Survey in India, remunerations in India are expected to increase by 10.4 per cent …

India’s unemployment rate plunges to 7.6% in April-June 2022: NSO survey
2 years, 4 months ago

India’s unemployment rate plunges to 7.6% in April-June 2022: NSO survey

Live Mint  

The unemployment rate in India for people aged 15 years and above in urban areas declined to 7.6 per cent during April-June 2022 from 12.6 per cent a year ago, the National Statistical Office said on 31 August. In January-March 2022, the unemployment rate in India for persons aged 15 years and above was 8.2 per cent in urban areas, …

59% of Employers in India Keen on Hiring Freshers Between July to December: Survey
2 years, 4 months ago

59% of Employers in India Keen on Hiring Freshers Between July to December: Survey

News 18  

Hiring is likely going to increase, claims TeamLease EdTech, “Career Outlook Report”, for the period July to December, 2022. The bi-annual report claims that 59% of employers in India are keen to hire freshers between July to December, 2022 – a 12% increase vs. H1 2022 and a 42% increase vs. H2 2021. Sharing his views, Shantanu Rooj, Founder & …

Most employers keen to hire freshers in second half of 2022: Teamlease
2 years, 4 months ago

Most employers keen to hire freshers in second half of 2022: Teamlease

The Hindu  

India, being a sunrise location for entry level jobs globally, is likely to hire a large volume of freshers in this calendar year, said TeamLease EdTech, a learning solutions provider. Some 59% of employers in the country would be keen to hire freshers between July to December 2022, a 12% increase over first half of 2022 and a 42% increase …

Indian Companies Expected To Witness Median Salary Hike Of 10% in FY23; Check Details
2 years, 4 months ago

Indian Companies Expected To Witness Median Salary Hike Of 10% in FY23; Check Details

News 18  

Indian companies are expected to witness a median salary hike of 10 per cent in 2023, mainly influenced by a continuation of the tight labour market and rising inflation concerns, according to a report by global advisory firm WTW. Companies in India are planning an overall jump of 10 per cent for 2022-23 as compared with the actual 9.5 per …

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