Trends of Employment In 2018
Recent studies show that 2018 will see an increase in both the headcount and salary of several companies across the country. It is expected that salaries will grow by an average of 10 percent across industries, according to Mercer’s 2017 India Total Remuneration Survey. A raise of 10 percent in salaries was also seen in the previous two years, 2016 and 2017. In addition, 2018 will see more people being hired in comparison to 2017. The survey, which was taken across 791 organizations across the country, revealed that 55 percent of the organizations are planning to increase their headcount in the coming 12 months, in comparison to only 48 percent the previous year. Analysis by the experts According to Shanti Naresh, the business leader of Mercer in India, and an expert in talent consulting and information solutions, the growth in Indian industries is still on the lower side. This is mostly due to the scarcity of right talent for the industry. Still the economic environment