India Inc poised to see average salary hike of 9.4% in 2025, tad lower than 9.6% last year: Report

NEW DELHI: India Inc is set to witness an average salary increase of 9.4 per cent in 2025, a slight moderation from the 9.6 per cent recorded in 2024, according to EY Future of Pay report.

The report showed that as many as 6 in 10 Indian employers are keen to explore the potential of AI for employee rewards and compensation strategies over the next three years.

“The report reveals that India Inc. is set to witness an average salary increase of 9.4 per cent in 2025, a slight moderation from the 9.6 per cent recorded in 2024. Overall employee attrition rate dropped from 18.3 per cent in 2023 to 17.5 per cent in 2024,” it said. PTI