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The lower salary hikes are basically due to the uncertainty in the environment.
If you are hoping to get a fatter pay cheque--- forget about it. A survey done by Aon Hewitt shows that Indian employers will continue with 10 percent salary hikes in 2014. This is the lowest in a decade. Some sectors like pharma, consumer products and engineering services can expect a salary hike of over 10 percent. But if you are working in sectors like automotive, energy, retail and finance, salary hikes could be even below 10 percent. The survey shows that 83 percent of companies are planning to reduce their salary budget and the situation is even grimmer if you are looking for a job as 32 percent of companies have frozen hiring.
Read more at: http://www.moneycontrol.com/news/business/salary-hike-dream-on-says-aon-hewitt-survey_1048564.html?utm_source=ref_article
Is your salary hike low, check out why?
Is your salary hike low, check out why?The lower salary hikes are basically due to the uncertainty in the environment.
If you are hoping to get a fatter pay cheque--- forget about it. A survey done by Aon Hewitt shows that Indian employers will continue with 10 percent salary hikes in 2014. This is the lowest in a decade. Some sectors like pharma, consumer products and engineering services can expect a salary hike of over 10 percent. But if you are working in sectors like automotive, energy, retail and finance, salary hikes could be even below 10 percent. The survey shows that 83 percent of companies are planning to reduce their salary budget and the situation is even grimmer if you are looking for a job as 32 percent of companies have frozen hiring.
Read more at: http://www.moneycontrol.com/news/business/salary-hike-dream-on-says-aon-hewitt-survey_1048564.html?utm_source=ref_article
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