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Adecco India Salary Guide 2024

February 28, 2024 1472 0 Talent & Skills Future of work

Adecco India Salary Guide 2024

The 2024 Salary Guide, spotlights India's talent economy's resilience and growth amidst a year of uncertainties and remarkable achievements. Our comprehensive report unveils pivotal trends shaping the workforce landscape, from heightened competition for top talent to the crucial emphasis on upskilling and reskilling. As organizations navigate these challenges, we aim to equip them with invaluable insights.

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Key Highlights Include:

Average Salary Increase When Switching Jobs: Professionals across various sectors can expect substantial salary hikes ranging from 15% to 40%.

Shift in Worker Priorities: Beyond salary, factors such as meaningful work and work-life balance are gaining prominence.

Compensation and Benefits: 67% of respondents cite compensation and benefits as the top factor influencing talent movement, underlining the significance of competitive packages.

Specialized Roles and Skills: Demand is high for specialized roles like analytics, automation, cybersecurity, and digital marketing.

Sectors with Significant Salary Increases: AI, Digital Technology, Finance, Human Resources, Legal, CS, and Sales & Marketing are poised for notable salary hikes.

Appraisal Percentage Ranges: Sectors like Electric Vehicles (EV), AI, and Consulting anticipate maximum appraisal percentages ranging from 10% to 15%.

Focus on Emerging Technologies: There's a growing demand for professionals skilled in AI, machine learning, cloud computing, and cybersecurity.

Sectoral Overview: A comprehensive look at salary trends and hiring intent across ITES, consulting, engineering, electric vehicles, FMCG, healthcare, IT, and manufacturing.

Future Outlook: Significant salary hikes are expected across sectors like Manufacturing, Electric Vehicles (EV), Engineering, and GCC, particularly for niche roles and top performers.


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