‘In­dia Inc to Hire More, Pay Moder­ately’

The Economic Times - - Companies -

In­dia Inc is ex­pected to hire more peo­ple but pay moder­ately, with the av­er­age salary hike this fis­cal likely to range be­tween 11-13% across in­dus­tries and func­tions, says a Team­Lease re­port. Ac­cord­ing to the staffing ser­vices firm, the In­dian job mar­ket is show­ing signs of ma­tu­rity and in­dus­tries are get­ting smarter at re­ward­ing ta­lent. The Team­Lease Jobs and salary primer re­port 2016-17 said that un­like last year's uni­ver­sal dou­ble digit salary growth, only 42% of pro­files will wit­ness a sig­nif­i­cant in­cre­ment in pay pack­ets this fis­cal. The av­er­age salary hike will range be­tween 11-13% across in­dus­tries and func­tions, it said.

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