Diabytes
Average salary hike News
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It is also expected that this year some organisations will focus on strategic recruitment, competitive compensation, upskilling, and employee engagement to attract talent, reduce turnover, and sustain growth to address workforce demands.
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The salaries in India are expected to increase by 10.3 percent in 2023.
There was an actual increase of 10.6 percent in 2022.
The attrition rate in India for 2022 is 21.4 percent.
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Startups and new-age corporations, together with unicorns and unicorns, are set to lead this trend, with a common estimated hike of 12 per cent.
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In 2018, sectors such as professional services, consumer internet companies, life sciences, automotive and consumer products continue to project a double-digit salary increase.
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Sector-wise, the energy sector has the highest actual projected salary increase in 2016 at 11.5 percent.
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