Tag: Salary hike in 2016
Increments to stay stable at 10.3%
Startups and companies in their early stages will continue to provide maximum increments in order to retain and attract talent.
Mercer predicts an average salary increase of 10.5 per cent in...
The biggest challenge for organisations is to retain employees as attrition increases from 10.3 per cent to 12.6 per cent between 2014 and 2015.
Salary hike: India ranks 4th in the world at 10.3%
Even if India’s inflation rate of 6.4 per cent is factored in, the real wage increase will be 4.7 per cent, implying double the growth rate of 2015.
Towers Watson predicts a 10.8 % hike in 2016
Employers and employees have a different set of beliefs and expectations in the current situation, and this isn’t a healthy trend.