As the economy went on a recovery path following last year’s steep decline, a study showed that 59% of companies in India intend to give employees a salary increase in 2021.
According to Genius Consultants ’10th Hiring, Attrition and Competition Trend 2021-22′, the scenario of increments “welcomes with 59% of companies saying that increment is on the card, which will be between 5-10%, while 20% increments will be less than 5%. ”The study was carried out online in February and March among 1,200 firms.
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