This year the IT sector is expected to see a 9.6% salary hike, while in 2024 there was an increase of 9.8%. At the same time, the IT-enabled service sector may see a 9% increase.

With the arrival of the new financial year, the employed person also starts waiting for his salary to increase. Private companies move forward on salary increments based on their earnings.

Companies in India are expected to see an average salary increment of 8.8% in 2025, slightly down from 9.0% in 2024. While 75% of companies aim to maintain or reduce pay hikes due to muted revenue ...

Tata Consultancy Services (TCS) became the first major IT services company to announce a pay increment for financial year 2021-22. The salary hike would come into effect from April 2021 ...