What Is The Average Salary Increase For 2024. A recent report by ey has said that india inc may offer an average salary hike of 9.6 per cent in 2024, just as in 2023. A survey by payscale , businesses are planning to.
While this is lower than 2023โs salary hike calculation, which was at 9.7 per cent, the aon report notes. Average actual salary increases hit 5.4% in 2023 as compared to 5.0% in 2022 among organizations in the top 15 economies around the world.