- BPO and IT-enabled services, e-commerce and tech start-ups will be among ‘top paymasters’
- India Inc is expected to dole out a double-digit salary hike with a median salary increment of 10.95%
Corporate India is expected to witness a double-digit hike in salaries with a median increase of 10.95% this year but the increment is likely to be moderate across key sectors, according to a report released on Tuesday.
Banking, financial services and insurance, BPO and IT-enabled services, e-commerce and tech start-ups, educational services, fast-moving consumer durables, fast-moving consumer goods and healthcare would be ‘top paymasters’ with salary growth of over 13%, as per the report, ‘Jobs & Salaries Primer 2019’, by TeamLease Services.
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India Inc is expected to dole out a double-digit salary hike with a median salary increment of 10.95%, said the report, which analyses hiring and salary trends across industries.
However, agriculture and agrochemicals, automobile, real estate, hospitality, industrial manufacturing, media and entertainment, power and energy, retail and telecommunications comprised ‘bottom paymasters’ with less than 13% salary growth, the report said.
Source: Livemint
