Average Salary Increase For 2024 In India. According to willis tower watson's latest 'salary budget planning india report', the median salary increase in india is forecast to rise by 9.8% in 2024, close to the actual salary. The survey revealed that salaries in india are expected to increase by 9.5 percent in 2024, a slight drop compared to the actual increase of 9.7 percent in 2023, in response to market dynamics.
According to the india compensation survey by management consulting firm korn ferry, indian firms are projected to offer a median salary increment of 9.7 per cent in 2024,. India inc is set to see a 9.6% salary increase on average in 2024, similar to the actual increase last year, according to the second edition of ey ‘future of pay 2024’ report.
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