Average corporate pay raises in India projected at 9.1% for 2027

The Economic Times reports that an Aon survey projects average salary increases of 9.1% at Indian companies in 2027, nearly unchanged from 9% in 2026. The survey puts attrition at 18% in 2026, up from 16.2% in 2025, and projects non-banking financial companies to lead sectors with 10.1% raises.