10.5 pc Salary Rise Expected Across Industries In 2016: Survey

January 14, 2016

1 min read

Salaries are likely to increase by 10.5 per cent across levels and industries this year mainly due to optimistic economic outlook, a survey has said.
"Organisations are expecting to increase base salaries by 10.5 per cent across industries and career levels in 2016," according to Mercer's 'All Industries Total Remuneration Survey', released today.
The salary increase forecast for 2016 is quite similar to the actual salary increase for 2015.

Among the industries surveyed, the projected salary increase ranges from 10-11 per cent overall, with relatively higher increases for Life sciences, IT and Chemical industries.(Agencies)

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