New Delhi, March 7 -- Facing global and local headwinds, the Indian companies are likely to keep pay increase at same level of last year or reduce it marginally as the focus is on optimizing compensation cost budget, says a survey by Deloitte on India Talent Outlook 2025.
Among all Indian companies there is a clear focus on optimising compensation cost budgets, with pay increases for 2025 being forecast at 8.8 percent (compared with 9.0 percent in 2024). The survey shows 75 percent of companies will either reduce or keep their pay increases the same as the last year.
Furthermore, while most sectors will keep the increment growth stable or moderately lesser than the previous year, the consumer products sector expects a significantly lower ...