LatestCorporate Compliance 14 October 2026
India Inc. Forecasts 9% Salary Hikes by 2027 Amid Rising Attrition
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.
Key points
- Average salary increase expected: 9.1% in 2027.
- Attrition rose to 18% in 2026, pressuring firms to boost pay.
- AI adoption is driving demand for specialised skills, further lifting wage pressures.
- Companies are preparing for Wage Code compliance, standardising compensation across sectors.
For full details, see the Livemint article.
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