The Aon Salary Increase Survey projects Indian average wages to rise 9.1% by 2027, outpacing many global economies. Growth is expected despite economic uncertainty and follows recent wage‑code reforms aimed at boosting pay transparency and employee communication.

Employers now have until October 31, 2026 to submit their Electronic Challan-cum‑Return (ECR) for EPF, EPS and EDLI, extending the previous October 15 deadline by 16 days. The extension means contributions will be calculated at the higher rates effective from that date, affecting payroll processing and compliance timelines across India.

The 8th Pay Commission in India has recommended a minimum monthly wage of Rs 69,000 and a pension of Rs 34,470 for retirees, with a 6% yearly salary rise. These figures aim to boost workers’ earnings and social security.

India’s corporate sector is bracing for an average 9.1% pay rise in 2027, driven by soaring attrition that hit 18% in 2026 and a surge in AI-driven demand for specialised talent. Companies are also aligning compensation structures to meet upcoming Wage Code regulations, suggesting a broad-based salary adjustment across industries.

India’s corporate sector expects a uniform 9.1% salary rise in 2027 as the Wage Code pushes higher payroll costs, while attrition hits 18%. The 8th Pay Commission proposes a Rs 69,000 minimum wage and Rs 34,470 pension, and the EPFO has extended the ECR filing deadline to Oct 31, 2026, giving employers extra time to adjust contributions.