The Future of Pay 2024' report states that the highest salary hikes are expected in e-commerce (10.9 per cent), financial services (10.1 per cent), and 10 per cent each in professional services and real estate.
The expected hike will be lower than the 10.4 per cent seen in 2022. In 2023, the highest salary hikes were seen in e-commerce (10.5 per cent), and 10.4 per cent both in auto/vehicle manufacturing and financial services.
The report highlighted that the fall in the quantum of salary hikes compared to 2022 was majorly due to the e-commerce sector and technology sub-sectors.
"In 2022, certain technology sub-sectors, like cloud platforms and consumer technology, experienced notable growth. However, there is a projected decrease across all technology subsectors by 2024, potentially due to market saturation following rapid digital transformation in previous years," it said.
هذه القصة مأخوذة من طبعة March 07, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة March 07, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Climate change to put APAC GDP on thin ice with 41% melt by 2100
India alone could face 24.7% loss in GDP by 2070
More intelligence features will be available in Dec, confirms Apple
Apple will add the option to enable access to OpenAI's ChatGPT from within Writing Tools and Siri.
Centre readies plan to tackle zoonotic disease outbreaks
With outbreaks of zoonotic diseases, such as swine flu, Nipah virus, and bird flu, becoming more frequent and increasingly threatening human health, the Union government has prepared a crisis management plan (CMP) on animal health.
Rishabh Pant released by DC, SRH keeps Klaasen with highest-retaining amount
Flamboyant keeper-batter Rishabh Pant's nine-year association with Delhi Capitals officially ended on Thursday while South African Heinrich Klaasen, with ₹23 crore valuation, pipped none other than peerless Virat Kohli (₹21 crore) to emerge as the top-most retention for the upcoming IPL season.
Weak consumption hits Q2 ad revenue of media firms
A slowdown in the consumption economy has cast a shadow over traditional advertising revenue of media companies during the second quarter of financial year 2025 (Q2FY25), even as revenue from digital advertising continued to grow.
Musk's SpaceX now gets into the spy game
Pentagon needs what the firm offers to compete with China even as it frets over its potential for dominance, billionaire's global interests
Delhi's air quality 'very poor' on Diwali
Delhi's air quality continued to deteriorate, remaining in the \"very poor\" category on Diwali, with levels expected to worsen to the \"severe\" category due to bursting of firecrackers at night.
Climate may keep changing long after humanity hits net-zero emissions
The world is striving to reach net-zero emissions as we try to ward off dangerous global warming. But will getting to net-zero actually avert climate instability, as many assume?
Anatomy of trade union: Collective bargaining realising strength
Over a century after India's first trade union Madras Labour Union was formed in Chennai by B P Wadia in 1918, the recent month-long strike by nearly 1,400 workers at a Samsung Electronics manufacturing unit near Chennai has put the spotlight back on labour unions in India.
Sensex, Nifty fall for second day on selling in IT shares, FII pullout
DOWNTURN Sensex intraday
