MUMBAI (NewsRise) -- Indian companies are likely to offer the lowest salary hikes in a decade this year as Asia's third-largest economy contends with a slowdown that has stirred an air of "caution," a survey by Aon Plc showed.
The survey, based on data from 1,000 companies across 20 industries in India, predicts an average salary increase of 9.1% in 2020, the consulting firm said Tuesday. Companies in India gave an average salary hike of 9.3% last year, it said.
