Aon says that India-based companies, on average, would offer 9.6% salary hikes, while companies headquartered abroad would settle for 9.3%
Lifestyle inflation has a negative impact on people since money is borrowed and spent ahead of income, which can lead to debt build-up over time
The survey, launched in December 2020 as a B2B India-specific survey, covered around 400 organisations spread across seven sectors and 25 sub-sectors