Brace for disappointment! Indian IT sector employees likely to see flat salary hikes and deferred increments this year
Monday, 18 March 2024
India's $250 billion IT sector is expected to witness stagnant salaries in 2024 due to global challenges impacting company operations. Average salary appraisals are projected to range from 8.4% to 9%, with a focus on stabilizing headcounts and exploring ways to enhance gross margins.
India's $250 billion IT sector is expected to witness stagnant salaries in 2024 due to global challenges impacting company operations. Average salary appraisals are projected to range from 8.4% to 9%, with a focus on stabilizing headcounts and exploring ways to enhance gross margins.
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