9.6% average salary increase for India Inc in 2024: EY Future of Pay 2024 report
The second edition of EY's 'Future of Pay 2024' report predicts that India Inc will witness an average salary increase of 9.6% in 2024, similar to last year. Overall attrition fell to 18.3% in 2023, and it is expected to gradually decline further as companies prioritize cost management and employee well-being.
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