Indian companies are projected to offer an average salary increase of **9.1%** in 2027, marginally higher than the **9%** in 2026, while employee attrition rose to **18%** in 2026 from **16.2%** in 2025, according to Aon's latest survey.
9.1%
Projected Salary Hike 2027
Actual 2026: 9.0%→9.1%
📊 One chart explains it
Projected Salary Hikes by Sector (2027)
Takeaway: NBFCs are projected to lead salary increases in 2027, significantly outpacing sectors like tech services.
A new survey by global professional services firm Aon forecasts that Indian companies will give an average salary increase of **9.1%** in 2027, a slight rise from the **9%** seen in 2026. The 'Annual Salary Increase and Turnover Survey for India 2026-27' also revealed a concerning trend in employee attrition, which climbed to **18%** in 2026, up from **16.2%** in 2025. This indicates that despite stable pay budgets, competition for talent remains fierce. Non-banking financial companies (NBFCs) are expected to lead with a **10.1%** projected hike, while technology consulting and services firms are at the lower end with **6.6%**.
💭 If you're wondering…
Attrition can be influenced by various factors including better salary offers elsewhere, lack of career growth opportunities, poor work-life balance, dissatisfaction with management, or changing industry demands and skill requirements.
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