Top Talent at Indian Firms May See Their Pay Rise 30% This Year
NDTV
India is one of the world's fastest-growing major economies. While it is also one of the most populous - with millions entering the workforce each year
Indian employees are set for Asia's biggest pay increases this year, with top talent earning as much as 15%-30% more, according to a survey by Korn Ferry.
On average, pay in the South Asian nation will increase by 9.8% in 2023 after a 9.4% bump last year, the consulting firm said in a report. High-tech industries, life sciences and healthcare lead the pack with jumps of more than 10%.
India is one of the world's fastest-growing major economies. While it is also one of the most populous - with millions entering the workforce each year - gaps in education make the fight for talent acute even as the overall unemployment rate stays high.
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