Good news for employees, survey claims – Corporate companies can increase salaries up to 9.5% in 2025
A report on Tuesday claimed that the salaries of people working in the country’s corporate companies may increase by up to 9.5 percent in 2025. This estimate is similar to the actual salary increase of 2024.
According to WTW’s latest Salary Budget Planning Report, the average salary increase in India is estimated to increase by 9.5 percent in 2025, the actual salary increase of the year 2024 has also been 9.5 percent.
This salary increase in India is the highest in the entire region. Markets like Vietnam (7.6 percent), Indonesia (6.5 percent), Philippines (5.6 percent), China (5 percent) and Thailand (5 percent) may also see strong salary increases next year.
The report related to salary budget planning is compiled by WTW’s Rewards Data Intelligence Practice. This survey was conducted in April and June 2024. During this period, about 32,000 responses were taken from companies in 168 countries across the world. 709 participants from India were included in the survey.
According to Rajul Mathur, Consulting Leader, Work and Rewards, WTW India, companies in India are optimistic about growth. They are also balancing optimism with caution. The era of resignations is behind us. Both employers and employees now want stability and market sentiment also remains stable.
