India Inc's average salary increment expected to be 9.7% in 2019: Aon survey

Employees working at India Inc can expect an average pay hike of 9.7% for the year 2019, according to Aon, a professional services firm. A better outlook is based on companies expecting a positive economic outlook backed by high economic growth expectation, high domestic demand and low inflation. A decline in voluntary attrition and controlled incremental hiring continue to keep the sentiment mild.