Sunday, July 13, 2025

Creating liberating content

Dror-1 satellite launched (Image credits: Israel War Room) Israel’s new

Related News

Syria has signed an $800 million agreement with UAE-based company DP World to develop the port of Tartus, state media reported on Sunday, marking a major step in the country’s

European Union president Ursula von der Leyen and Indonesian President Prabowo Subianto on Sunday announced a “political agreement” to finalise a long-anticipated free trade deal, as US President Donald Trump

European Commission President Ursula von der Leyen said on Sunday that the EU will continue holding off on retaliating against US steel and aluminium tariffs, as negotiations remain underway to

Dror-1 satellite launched (Image credits: Israel War Room) Israel’s new national communications satellite, Dror-1, was successfully launched into space early Sunday morning from Elon Musk’s SpaceX launch facility in Florida.The

NEW DELHI: Costa Coffee, the British coffee chain, reported a significant increase in its India operations, with revenue climbing 30.76% to Rs 198.5 crore in FY25, while profit increased by

NEW DELHI: The Indian Council of Medical Research’s National Institute of Epidemiology (ICMR-NIE) has launched a new initiative aimed at reducing India’s salt consumption, after research revealed that average daily

Trending News

Syria has signed an $800 million agreement with UAE-based company DP World to develop the port of Tartus, state media reported on Sunday, marking a major step in the country’s

NEW DELHI: Costa Coffee, the British coffee chain, reported a significant increase in its India operations, with revenue climbing 30.76% to Rs 198.5 crore in FY25, while profit increased by

NEW DELHI: Wyndham Hotels and Resorts, the world’s largest hotel franchisor, expects India to become one of its top growth markets, with over 50 new properties in the pipeline and

VinFast Auto India, the domestic arm of Vietnam-based electric vehicle manufacturer VinFast, on Saturday announced that it has signed agreements with 13 dealer groups to open 32 dealerships across 27

European Commission President Ursula von der Leyen and Mexican officials have both hit back at US President Donald Trump’s latest threat to impose 30% tariffs on their exports starting August

Aditya Birla Group Chairman Kumar Mangalam Birla (ANI) Aditya Birla Group Chairman Kumar Mangalam Birla has joined the Board of Directors of the US-India Strategic Partnership Forum (USISPF) as a

Worried about salary increment amidst companies ‘muted revenue growth’? Here is what Deloitte India report said

Word Count: 634 | Estimated Reading Time: 4 minutes


Worried about salary increment amidst companies 'muted revenue growth'? Here is what Deloitte India report said

As companies in India grapple with both global and local challenges, Companies are facing dilemma between- manage compensation budgets and salary increases in 2025 or focus on cost overrun. According to Deloitte India’s Talent Outlook 2025 report, the average salary increment for the coming year is expected to be 8.8%, slightly lower than the 9.0% seen in 2024.
With many organizations focusing on optimizing costs amidst a period of muted revenue growth, 75% of companies are either reducing or maintaining their pay increases at the same level as last year. While sectors like consumer products anticipate a significant reduction in their increment budgets, most industries are either stabilizing or slightly lowering their increment growth compared to the previous year.
“In an environment where companies are witnessing muted revenue growth, compensation budgets are naturally coming under pressure. Controlled attrition and moderate inflation are helping companies optimise pay increases without adversely affecting talent outcomes. However, we expect the focus on performance and talent differentiation to remain core to the HR strategies, regardless of other considerations,” Prakhar Tripathi, Partner at Deloitte India told news agency PTI.
The report, which surveyed over 500 decision-makers from companies across seven sectors, also revealed that top performers can expect a 1.7 times higher increment than average performers, though this is slightly lower than the previous year. Additionally, employees in individual contributor and junior management roles may see increments 1.3 times higher than those in top management roles.
One-third of companies expect fewer promotions in 2025, with the overall percentage of employees receiving promotions projected to stay at 12%. Despite these adjustments, nearly 80% of companies are still optimistic about hiring and plan to increase their headcount in the coming financial year.
While organizations are making strides in adopting data-driven approaches to upskilling, the report highlighted that half of the companies still lack a structured or regularly updated competency framework to effectively identify talent capability gaps.





Source link

Most Popular Articles