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Salary Increase in 2025
October 21 , 2024
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- The median salary increase in India is forecasted to rise by 9.5 per cent in 2025, similar to the 2024 actual salary increase of 9.5%.
- India continues to be the highest across the region.
- The others like Vietnam (7.6%), Indonesia (6.5%), the Philippines (5.6%), China (5%) and Thailand (5%) are also projected to maintain a strong salary increase for next year.
- Almost 28% of companies plan to add headcount in the next 12 months.
- While 68% companies will maintain their headcount in 2025 as compared to the previous year.
- The voluntary attrition rates in India have reduced slightly from 11% in 2023 to 10.8% in 2024.
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