Salary Hike:
There is good news for Indian employees amid reports of layoffs in many other companies, including Facebook and Twitter.
A report says that in 2023, the salary of Indian employees may increase by 15 to 30 percent.
This information has been given in the salary forecast survey of consulting firm Korn Ferry Global.
The average salary in the South Asian nation will increase by 9.8% in 2023, after a 9.4% increase last year, the survey report said.
The report claimed that the salary of employees associated with the hi-tech industry, life science, and healthcare could increase by more than 10%.
A survey was done on 818 companies
Consulting firm Korn Ferry Global surveyed 818 companies in India employing more than 8 lakh employees, based on which this possibility has been expressed.
The report found an increase of 9.8% in India, 3.5% in Australia, 5.5% in China, 3.6% in Hong Kong, 7% in Indonesia, 4.5% in Korea,
5% in Malaysia, 3.8% in New Zealand, and 5.5% in the Philippines. %, 4% in Singapore, 5% in Thailand, and 8% in salary hikes in Vietnam.
