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Sunday, May 22, 2022

Employees in India can expect a higher salary hike this year compared to 2021, as businesses shift focus beyond the pandemic towards a growth agenda. At 9.99%, India is projecting the highest salary increase among BRIC nations (Brazil at 5%, Russia at 6.1% and China at 6%) and developed economies despite a tough few months with the second and third waves of infections. In 2021, the average salary increment was 9.3%.

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