Average increments to drop to 9.1% in 2023 from 9.4% in 2022: Survey

India's expected average salary increment in 2023 is predicted to decrease to 9.1% from 9.4% in 2022, according to the debut edition of Deloitte India Talent Outlook 2023. Most sectors are expected to have lower increments in 2023 compared to 2022, indicating it may be lower than previous years. However, the life sciences sector is likely to see the highest increments, with the IT sector experiencing a significant drop.

from Careers-Economic Times