Pay hike in 2007 to be in the range of 13-15 %: Experts - March 6, 2011

According to human resource (HR) consulting firm Mercer, the salary increase for employees of India Inc in 2011-12 is projected at around 10-12 percent on an average across industries.

According to human resource (HR) consulting firm Mercer, the salary increase for employees of India Inc in 2011-12 is projected at around 10-12 percent on an average across industries. “For a majority of years, the actual increase has been higher than the projection. I expect the same for this year,” says Nishchae Suri, managing director, Mercer India. Suri expects the pay hike to be in the range of 13-15 percent, thanks to a healthier economic growth; last year it was 11 percent.

Source: www.economictimes.com, March 6, 2011. “Salary hike to touch 2007 levels this year: Experts”

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