Salaried employees wait all year for April. This is the month salaries are increased. But do you know how much your salary will increase this time?
Salaried employees can expect an average increase of up to 9.4% across various industries in 2025.
According to HR consulting firm Mercer's Total Remuneration Survey, employee salaries have been steadily increasing for the past five years.
According to this survey, the estimated increase is from 8% in 2020 to 9.4% in 2025.
Over 1,550 companies from Indian technology, consumer goods, financial services, manufacturing, automotive, and engineering participated in this survey.
According to this survey, employees in the automotive industry can expect the highest average salary increase of up to 10% in 2025.
According to the survey report, salary increases in the manufacturing and engineering sectors are estimated to range from 8% to 9.7%.
Manasi Singhal, Head of Indian Career at Mercer, stated that number of talented individuals is increasing. Performance-based pay systems are being adopted in over 75% of cases.