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Bloomberg
Indian employees are likely to witness their monthly paycheck getting a bigger boost next year compared to 2020 as companies are betting on higher consumer demand due to enhanced government spending and bumper rainfall to neutralise the pandemic-led economic contraction, a survey showed.
Companies, spanning sectors including e-commerce, energy, financial institutions and pharmaceuticals, are projected to increase compensation by an average 7.3% in 2021 compared to 6.1% — lowest since 2009 — this year, Aon said in the survey released on Wednesday.