Transcription of 2020 Deloitte India Workforce and Increment Trends Survey
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2020 Deloitte India Workforce and Increment Trends Survey
2020 Deloitte India Workforce and Increment Trends SurveyOverview of Results | March 2020 2020 Deloitte Touche Tohmatsu India LLP2 India , along with China, has led global economic growth for decades but that growth has fallen sharply051015202519801985199019952000200 5201020152020 Share of Global GDP (PPP Adjusted)ChinaIndiaUSAS ource: IMF, World Economic GDP Growth (% y-o-y)While the slowdown has been broad-based, it has primarily been led by the manufacturing sector on the supply side and both, private consumption and investment, on the demand side. Real GDP growth has been falling consistently this financial year and there are downside internal and external risks to real GDP growth forecasts. 2020 Deloitte Touche Tohmatsu India LLP3 Organizations have responded by decreasing salary increments2019 Actual Increments2020 Projected IncrementsFMCG/FMCDF inancial India Average Increment2019 Actual Increment2020 Projected Weighted Average Weighted Average Increment (Excluding IT/ITeS)The 2020 projected average salary Increment in India has dropped by 40 bps compared to actual salary Increment in 2019.
The 2020 projected average salary increment in India has dropped by 40 bps compared to actual salary increment in 2019. ... the highest in manufacturing reflecting the state of economic activity in the sector. 8.2% 7.7% 7.4% 7.1% 9.4% 9.2% 8.7% 8.9% 8.9% ... least increment if the employee is not meeting expectations and also the highest ...
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