Indian businesses are expected to offer salary increases ranging from 6.2% to 11.3% this financial year, driven by a focus on skill certification and performance-based engagement. The highest salary growth is anticipated in sectors like EV infrastructure, consumer durables, and retail. Blue-collar compensation is also improving, with roles like mechanics and material handlers seeing double-digit hikes.
Salary hikes: How much increment can you expect this year? Here’s what a new report suggests
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