Survey Predicts a 10% increase in Salary

The report is from India All Industries Total Remuneration Survey, and was done by consulting firm Mercer over 691 Indian organizations.  The expected increase in the base salary of Indian employees in 2016 is 10.5% especially in life sciences and IT industries.

Mercer’s global CEO Julio Portalatin told ET. “The phenomenon is likely to continue with life sciences and IT with life sciences slightly ahead of IT,” he continued.

About 48% of Indian companies expect to hire more people in 2016. As per Portalatin, those dealing in hi-tech, shared services and life sciences are the leaders.

Source: Busine Secret