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Salary increments across India Inc are expected to remain largely stable in 2026.
Average salary hikes in India are projected at 9.1% for 2026, slightly above 2025 levels.
KEY POINTS
- Only 7% of employees received top performance ratings in 2025, down from 10% in 2024.
- Promotion rates increased to 14% in 2025, with manufacturing and operations sectors leading.
- IT services firms are offering lower salary increments due to slower hiring and automation impacts.
- Pharmaceuticals, manufacturing, and renewable energy sectors are expected to offer hikes above 10%.
COMPANIES
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