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AVERAGE INCREMENT 2021
Two out of every three bank loans in India carry interest rates below 9%Indian banks are witnessing a significant shift as nearly two-thirds of credit now carries sub-9% interest rates, a consequence of aggressi...- Banks are cutting credit card perks quietly; Learn how to get more value from your walletMany banks have recently reduced credit card rewards, cashback limits, and perks, prompting cardholders to reassess their spending strategi...
- Ather Energy shares can rally till Rs 1,450, says CLSA, citing twin engineCLSA sees nearly 60% upside in Ather Energy, initiating coverage with an “Outperform” rating and a Rs 1,450 target. The brokerage cites a “...
- Hitting the brakes: Pay hikes likely at 8.8% as companies tighten purse stringsPay hikes in India Inc are expected to average 8.8% in the next appraisal cycle, down from 9% in 2024. About 75% of companies will reduce o...
- Indian companies to hand out bigger hikesA survey by Aon indicates that India-based companies are likely to offer higher salary hikes to their employees in India compared to foreig...
- Average India increment expected to increase from 8% in 2021 to 9.1% in 2022: Deloitte surveyAccording to the survey, 34% organisations are planning to give double-digit average increments, compared with only 20% in 2021 and 12% in ...
- Companies reverting to pre-Covid levels of increment; average hike seen at ~9% in 2022: Mercer studyAcross all employee categories, increments in tech was back to 2019 levels of 9% and higher than all industries average of 8% for 2021. Ove...
- Pay hikes in India may go back to pre-Covid levelsCompanies are upbeat about the economy and consumer confidence as most see Covid-19 as being unlikely to have an impact on the business cyc...
- India Inc likely to revert to pre-pandemic salary hikesA resurgent economy and increasing consumer confidence are likely to lift corporate India's average increments for 2022 to the pre-pandemic...
- Average India increments at 8% in 2021; early estimates for 2022 projected at 8.6%: Deloitte's surveyAccording to Deloitte’s Workforce and Increments Trends Survey, 92% of companies gave an increment in 2021 at an average of 8%, compared to...
- India Inc is doling out higher increments, some even offering bigger hikes than in 2019According to professional services firm Aon, around 102 companies following the July-June appraisal cycle have paid out average actual incr...
- RIL gives 10-12% increment to staff in FY22 after cuts, roll back in FY21In April 2020, the company had announced a pay cut of 10% for employees earning more than ₹15 lakh in its petrochemicals business and froze...
- All employees at Amway India to get 109% across all levels and functions in 2021“We at Amway India remain committed to our employees’ growth and are going the extra mile to support them to deal with the impact of the pa...
- You are likely to get a better pay hike this yearClose to 78% of the organisations covered in Korn Ferry’s ‘Salary Increment & Rewards Survey Trends’ report plan to give salary increases i...
- India Inc may offer 7.9% salary hike in 2021, up from 6.9% last yearClose to 78% of the organisations covered in Korn Ferry’s ‘Salary Increment & Rewards Survey Trends’ report plan to give salary increases i...
- Aon survey projects average pay hike of 7.7% in 2021According to the survey, more than 1,000 companies out of 1,200 companies surveyed in India are likely to hand out salary hikes this year e...
- 92% companies to give salary hikes; increments to jump to 7.3% from 4.4% in 2020: SurveyOf the companies that did not give an increment in 2020, only about 30% plan to compensate employees for the previous year through higher i...
- More companies may hand out bigger pay raise this yearAverage increments for India Inc are expected to go up to 7.3 per cent from 4.4 per cent in 2020 with 92 per cent of companies planning to ...
- Odds are, you will get a salary hike this year; best pay increase in healthcare, ecomm, techAverage increment will be 6.7% for professional services, 6.1% for retail and 6% for transport and distribution. Lower down, the industrial...
- Average increments in India fell to 3.6% in 2020, from 8.6% in 2019: SurveyAccording to the survey findings, only 4 of the 10 surveyed companies in India have given an increment in 2020 and 33% companies have decid...
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