1 min read.Updated: 20 Sep 2021, 12:33 PM ISTLivemint
The survey further said that organisations will continue to differentiate pay increases by skills and performance
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Around 92% companies in India gave an increment at an average of 8% in 2021 compared with only 4.4% in 2020 where just 60% companies had extended a pay hike, according to a survey findings. Early estimates reveal that average increment for 2022 is expected to increase to 8.6% in line with a healing economy and improving confidence.