You may get a better pay hike this year

Bengaluru: India Inc is likely to hand out an average salary increase of 7.9% to employees in 2021 against an actual average increment of 6.9% in 2020, a survey by global organisational consulting firm Korn Ferry has said. Close to 78% of the organisations covered in Korn Ferry’s ‘Salary Increment & Rewards Survey Trends’ report plan to give salary increases in 2021, while only 62% of organisations gave increments to employees last year as a