2020 salary increase projections aon hewitt india. 1 9. This edition will collect critical information on current 2024 budget plans, 2025 The website is currently undergoing maintenance and will be back online shortly. . Thank you for understanding - test 2 prod. 1 percent hike in 2020. 3 percent in 2024, amidst global uncertainty and softening growth. However, with market challenges growing day-by-day, companies are more . This edition will collect critical information on current 2025 budget plans, 2026 Aon Annual Salary Increase and Turnover Study 2024-25 India Key Highlights (1) - Free download as PDF File (. pdf), Text File (. Oct 7, 2025 · NEW DELHI, Oct. 3% in 2024, says Aon study Salary increments are also projected to vary across industries with engineering design services and auto/vehicle manufacturing budgeting for the highest salary increases followed by nonbanking financial companies, retail, global capability centres and life sciences. 3% in 2021, up from 6. Feb 19, 2025 · The study shows that salaries in India are set to rise by 9. The slowdown is attributed to rising costs, top-line pressures, and global uncertainty that began earlier this year. 2% projected, compared to 9. e. 5 7. Getting real value from your employee benefits – whether healthcare, online benefits or pensions – takes a little strategy and a lot of expertise. 2 per cent, amid global uncertainty and softening growth, according to the Annual Salary Increase and Turnover Survey 2024-25 India by Aon plc, a leading global professional services firm. Engineering and manufacturing will see the highest hikes, followed by financial institutions, and global capability centres (GCCs). Reward & salary strategy from global market data Aon Hewitt's Global Salary Increase Survey takes a comprehensive look at salary increase and inflation data for more than 14,000 organisations in over 120 countries. 3 per cent in 2024. Employees at Indian firms could end up getting the lowest salary hike in a decade, according to the 24th edition of Aon's Salary Increase Survey. Unveiling insights from Aon's 24th Annual Salary Increase Survey 2020, and Annual Executive Compensation Survey 2019 – 2020 What does the year 2020 look like in terms of Salary increases and Pay? The document summarizes Aon's annual salary increase trends survey covering over 1,050 organizations across 20+ industries in India. The study, the largest and most comprehensive rewards survey in India, analysed data across Access to robust salary increase budget and employee turnover data is the bedrock of every annual compensation-planning cycle. 3 percent in 2023, compared to an actual increase of 10. 3% during 2019, reflecting a slowdown in the economy compared to 2018. This indicates a trend of declining salary increments since 2022 when companies provided 10. 5 per cent in 2025, compared to an actual increase of 9. This phase of the study revealed that salaries in India are projected to increase by 9. Aon's 30th Annual Salary Increase and Turnover Survey projects 9. 5% salary increase in India for 2025. Although slightly lower than last year, the projected increase continues to be in the double digits despite concerns Salary Increase and Turnover - Questionnaire This study collects data on salary increase delivery practices globally; plus separately gathers increase data (i. - Globally, salary increases varied from country to country in 2020 and 2021 depending on each Single digits 6. 6 percent salary increases influenced by the Great Resignation. Given this dynamic, companies are offering incentives and higher pay to lure and retain workers. The projection for 2020 is down by 20 basis points to 9. 1% in 2020 but lower than pre-pandemic levels. Click here to read this article. 6 Feb 19, 2025 · The study shows that salaries in India are set to rise by 9. Oct 3, 2024 · Phase one of the study shares the current year’s actual increase and gives an early indication of the salary increase to be expected in 2025. Oct 7, 2025 · India’s salary growth at its lowest in over a decade The projected 9 per cent increase is the lowest growth projected by Aon in the past 15 years, excluding the Covid-affected 2020. As per the results of the survey, companies in India gave an average pay increase of 9. The study, now in its 31st year, is one of the largest and most comprehensive rewards studies in India and analyses data from over 1,060 companies Jun 2, 2025 · Study Overview We are pleased to invite your organization to participate in the second edition of the 2025 Salary Increase and Turnover Study, an in-depth exploration of global salary increase budgets, turnover trends and other important topics specific to overall salary planning and pay increase delivery. txt) or read online for free. The study, which is the largest and most comprehensive rewards survey in India, analysed data across 1414 companies from 40 industries. 1%. Salary Increase and Turnover - Questionnaire This study collects data on salary increase delivery practices globally; plus separately gathers increase data (i. In our Salary Increase and Turnover Study, we share critical insights on 2024 budget plans and the current hiring environment, as well as pay practices and performance management data. 6 percent in 2022. Nov 1, 2024 · Gain crucial data and insights on global employee turnover, hiring plans and salary increase planning heading into 2025. The survey conducted by the consultancy firm has projected an average salary hike of 9. Feb 19, 2025 · Listen to This Article Salary increments in India are expected to stabilise in 2025 and set to rise by 9. Feb 23, 2023 · Asia Newsroom - 23 February 2023 - Aon Survey Projects Double-Digit Salary Growth to Continue in India Despite Economic VolatilityThe survey revealed that salaries in India are expected to increase by 10. Aon’s Nitin Sethi shares that business leaders are putting investments in their employees and clients ahead of shareholder return in this article highlighting data from Aon’s India Salary Increase Trend Survey. 2 percent in 2025, a slight decline from the increase of 9. 5 per cent in 2025, slightly higher than the 9. But, given the uncertain economy and rising inflation, will this trend last? Nov 1, 2024 · Gain crucial data and insights on global employee turnover, hiring plans and salary increase planning heading into 2025. As per the Aon Salary Increase Survey 2020, the salary hike in 2020 is among the lowest figure Feb 21, 2020 · India's economic slowdown may lower your salary appraisal in 2020, as per a new survey. However, despite the dip in the projections, two out of five participating companies in the survey are projecting a double-digit increase, expecting a positive economic outlook. 1 per cent for Indian employees in 2020; this is the lowest since 2009 (6. In this global report of our Salary Increase and Turnover Study, we explore how nearly 2,500 companies across 121 countries are approaching global pay and turnover trends. According to recent data from Aon’s Salary Increase and Turnover Study, overall salary budgets are rising around the world at a rate far beyond recent memory, reinforcing the current employee-driven market and demand for talent. 7, 2025 – Aon plc (NYSE: AON), a leading global professional services firm, projects that salaries in India will increase by nine percent in 2026 according to the firm’s Annual Salary Increase and Turnover Survey 2025-26 India. NEW DELHI (21 February 2024) – Aon plc (NYSE: AON), a leading global professional services firm, has revealed that salaries in India are expected to increase in 2024 according to the firm’s Annual Salary Increase and Turnover Survey 2023-24 India. Feb 19, 2025 · India's 2025 salary increase: 9. Some key findings from the survey include: - Salary increases in India are projected to be 7. 3 per cent increase recorded in 2024, according to a recent survey by global professional services firm Aon. Despite rising inflation and economic headwinds on the horizon, data from Aon’s most recent Salary Increase and Turnover Study shows robust salary increases for this year’s budgets, as reported during the first half of 2022. , budgets/actuals) for 134 countries and turnover information for 43 select countries. 3 9. Oct 3, 2024 · Salaries in India are projected to rise by 9. 3 2018 2019 2020 2021 (P) Aon insights: Post the 2009 Crisis, salary increase numbers came down to the lower two digits to higher single digits and it is expected that the years post the 2020 health crisis will bring India in line with the developed nations with respect to salary increases Source: Aon Salary Increase Feb 18, 2020 · Indian employees could see the lowest salary increase in a decade, with a 9. Jun 3, 2024 · Study Overview We are pleased to invite your organization to participate in the second edition of the 2024 Salary Increase and Turnover Study, an in-depth exploration of global salary increase budgets, turnover trends and other important topics specific to overall salary planning and pay increase delivery. tz zcc18s cfl ox doqzhe g74oyji gg mz0uz pdvpr ochsnq