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India's 2014 Projected Salary Increase, Emerging Trends and Outlook
Salaries in India are projected to rise 10% in 2014 on the back of improving business confidence, positive expectations from the general elections, and moderating inflation. According to Aon Hewitt's 18th Annual Salary Increase Survey in India, the 2014 increase is the second lowest the country has seen in a decade (the lowest was in FY2009 when markets became extremely cautious after the global financial crisis).
Anandorup Ghose, Rewards Consulting Practice Leader at Aon Hewitt India, commented: "This period reflects the easing off of the unsustainable turbo-charged pre-crisis economic growth. Even though (...)
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