Deloitte India’s 2020 Workforce and Increment Trends Survey shows 23% of Indian companies plan to give increments in 2021-22. At least 38% of companies that gave an increment in the 2020 fiscal have decided to give increments in 2021 as well. Most companies across sectors have not taken a definitive stance on 2021 increments and will decide on the basis of future performance. The companies that have decided to give no increments for the 2021 fiscal include consumer products, manufacturing and services industries.