India to see 10 pc salary increase in 2017
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Salaries are expected to rise by 10 per cent in 2017, while star performers will attract much more as companies are discernibly prioritising such employees, says a report. According to the 2016 Salary Budget Planning (Q3) Report released by global advisory, broking and solutions company Willis Towers Watson, salaries in India are projected to rise 10 per cent in 2017, same as the actual increase in 2016.
Once average inflation for India of 5.7 per cent is taken into account, the projected increase in real terms for 2017 will be 4.3 per cent, down by a fraction from 4.4 per cent in 2016.
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