Salary Hike 2025 / This year the salary will increase less than in 2024, these people will have fun

Salary Hike 2025: The month of March is over and the new financial year is going to start from April 1. During this time, the appraisal process is going to start in various corporate companies including MNC, IT sector. Meanwhile, a report by EY has created a stir in the industry. According to the report, the salary increase of employees in 2025 is likely to be less than in 2024.

Employees of which sectors will have fun?

According to the EY report, the e-commerce sector is expected to have the highest salary increase in 2025. Due to the rapid expansion in the digital e-commerce sector, employees working in this sector are likely to get good appraisal. At the same time, the rate of salary increase in other sectors is expected to be less than normal.

How much was the salary growth in 2024?

According to the report, the average salary increase of employees in 2024 was 9.6%, while in 2025 it is expected to decline marginally to 9.4%. However, the e-commerce sector will remain untouched by this decline and will give its employees the benefit of good salary increase.

Increasing demand for skilled workers

Along with technological development, the demand for skilled workers in companies is also increasing. The report states that 18.3% skilled workers were available in 2023, while this number decreased to 17.5% in 2024. Apart from this, 80% of the companies are facing a shortage of skilled workers. To deal with this challenge, companies are emphasizing on upskilling and reskilling of their employees and are also offering various training and new courses for this.

If you are a job holder, then this report is very important for you. By analysing this report before appraisal, you can estimate how much percentage your salary can increase this time.