The actual pay hikes given by 1350 companies in FY 2021 is 8.8%. But now given the buoyancy, swift recovery, pent up demand and aggressive vaccination drive, companies are likely to come back to pre-pandemic pay hikes, according to Roopank Chaudhary, partner in Aon’s human capital business.
source https://economictimes.indiatimes.com/jobs/average-salary-hikes-in-india-may-hit-pre-pandemic-levels-for-fy2022/articleshow/86001795.cms
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