5 per cent across industries.Ghose further said that "in the last few years India has seen good numbers in terms of salary increases, more than 11 per cent.4 per cent. China is expected to see a 6.Moreover, for key talent management, companies are resorting to various initiatives like career development, learning and development, international and functional mobility, leadership access among others.Sectors such as life sciences, professional services, chemicals, entertainment media, automotive and consumer products continue to project a double-digit salary increase for 2017. Meanwhile, key talent attrition increased from 7. However, the trend this year reflects a gradual slowing of pay increases and higher emphasis on productivity and performance ? quite literally a graying of salary budgets for India," Aon Hewitt India Partner Anandorup Ghose told reporters.

However they have taken a drop from their 2016 actual spends. The pay differentiation between the top and average performers has also increased and key talent is getting 1..The gradual slowing of pay increases over the last few years (from 15. This includes, and is not limited to Brexit, recent changes in the US government and the much talked about demonetisation," the survey that analysed data across over 1000 companies said. The overall attrition number for India at 16.The number has remained constant since 2015.3 per cent in 2015 to 12.HR consultancy Aon Hewitts annual Salary Increase survey projects a drop in pay increases to an average of 9.Despite the year-on-year decline in salary rise, India continues to lead the Asia Pacific region.4 per cent is one of the lowest in the emerging market segment."Political changes and economic headwinds have had an impact on business performance.1 per cent and Japan 2.New Delhi: Employees in India are expected to China low-pressure injection molds get an average salary hike of just 9. It was 10.2 per cent in 2016.

But over the the next few years we wont see and may be into the future we wont see the numbers going so high".8 times salary than that of an average performer.5 per cent this year, lower than last year, while top performers will get lucrative hikes as companies are focusing on performance.Organisations are increasingly focusing on performance and key talent."While its a marginal decrease from the 2016 spend, it reflects maturity that India Inc has displayed amidst global and Indian economic and political events.1 per cent in 2007 to the projected 9.3 per cent in 2016.5 per cent, Singapore 4.Meanwhile, overall attrition numbers are controlled, while key talent attrition has seen a significant increase.9 per cent increase in pay hike, Philippines 6 per cent, Malaysia 5.5 per cent in 2017), and higher emphasis on performance indicated the "graying" of salary budgets for India