Average Annual Salary Increase 2024

Average Annual Salary Increase 2024. New delhi, november 1, 2023 — the median salary increase in india is forecasted to rise by 9.8% in 2024, close to the actual salary increase of 10% in 2023. Salary increase budgets in 2023 reached their highest level in 20 years, new research shows, and employers are planning to stay fairly aggressive on pay going into next year.

Slight dip in increase rate due to. Compensation software and data company.