Average salary increments may drop to 9.1% in 2023: Study

08:30:00 AM, Thursday 30th of March 2023 | in business

Average salary increments in India are expected to drop to 9.1% in 2023 from 9.4% in 2022 across almost all sectors, according to the debut edition of Deloitte India Talent Outlook 2023 released on Wednesday. The survey further said the Information Technology (IT) sector is likely to witness a massive drop in increments, while the Life Sciences sector may report the highest increments.