New Delhi: The month of February is going to pass and the employed people must have filled their appraisal form too. Now they must have started speculating about increasing salary. Actually, companies provide a letter of increase in salary in the month of March. But do you know how much salary hike you can get this year? We are telling you today how much your salary can increase this year.
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This year is not very good in terms of salary increase and appraisal. According to the latest report by Aon Plc, this year is not going to be good in terms of salary increase. Actually, the country's GDP is at the lowest level of 5 percent. It is estimated that the average salary this year is estimated to be 9.1%. In the last decade, the rate of salary increase has been in double-digit. In the organized sector, the salary hike will be at the lowest level after 2009.
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According to the report, on average, the salaried people in the country are expected to get a salary hike of only 9.1 percent. But there are many areas where the salary of the workers can increase only up to 7.6%. These include employees of transportation and logistics. On the other hand, in telecom, auto, real estate, hospitality and restaurants, the salary will increase by hardly 8.5 percent.
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