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Latest insights on Human Resource and Workforce related topics in India and articles from HR thought leaders at Aon.

Employees in India will see bigger pay rises next fiscal year

24 Jul 2021 by  The Times Of India

Paychecks could rise about 8% in the financial year starting April 2022, especially if authorities avert a third wave of the virus, according to Michael Page and Aon Plc. That’s higher than the 6%-8% surveys predicted for the current year. India has historically always reported Asia’s highest increases -- and is expected to do so for at least the next two years -- but the magnitude has been declining in recent years after double-digit inflation earlier in the decade eased. 

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The Times Of India