Increments and attrition to witness lower trends this year, says Deloitte report4 min read 30 Mar 2023, 10:04 AM IST
The study found that in 2023 increments are expected to be lower across almost all sectors, compared to 2022 actual increments
Average increments are likely to drop to 9.1 per cent this year in almost all sectors following inflation, higher interest rates and a slowdown in the economy, according to a study. The average increment in 2022 was 9.4 per cent, Deloitte India Talent Outlook 2023 stated on Wednesday. The primary audience for this survey was CHROs of leading organisations. Almost 300 organisations participated—across seven sectors and 25 sub-sectors. Here are the key findings.
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