The salary increases are expected to decline across most sectors in 2024. The e-commerce industry offers the highest increase in salaries in India at 10.9 percent. It is followed by the financial services sector which has consistently been the highest salary payer. Salary hikes in the sector are expected to be 9.6 percent down from over 10.4 percent in 2022.
Salary growth in India in 2022 and 2023, with projections for 2024, by sector
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2023
2024*
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EY. (March 6, 2024). Salary growth in India in 2022 and 2023, with projections for 2024, by sector [Graph]. In Statista. Retrieved September 12, 2024, from https://www.statista.com/statistics/1449257/india-salary-increase-by-sector/
EY. "Salary growth in India in 2022 and 2023, with projections for 2024, by sector." Chart. March 6, 2024. Statista. Accessed September 12, 2024. https://www.statista.com/statistics/1449257/india-salary-increase-by-sector/
EY. (2024). Salary growth in India in 2022 and 2023, with projections for 2024, by sector. Statista. Statista Inc.. Accessed: September 12, 2024. https://www.statista.com/statistics/1449257/india-salary-increase-by-sector/
EY. "Salary Growth in India in 2022 and 2023, with Projections for 2024, by Sector." Statista, Statista Inc., 6 Mar 2024, https://www.statista.com/statistics/1449257/india-salary-increase-by-sector/
EY, Salary growth in India in 2022 and 2023, with projections for 2024, by sector Statista, https://www.statista.com/statistics/1449257/india-salary-increase-by-sector/ (last visited September 12, 2024)
Salary growth in India in 2022 and 2023, with projections for 2024, by sector [Graph], EY, March 6, 2024. [Online]. Available: https://www.statista.com/statistics/1449257/india-salary-increase-by-sector/