India salary hikes forecast at 9.1 percent for 2026 as attrition dips

Attrition is nearing pre-pandemic lows, reshaping pay plans

Indian salaries are projected to rise 9.1% in 2026, according to an Aon survey, outpacing many global economies. Real estate, NBFCs and manufacturing are expected to lead the increases as employee attrition continues to fall toward pre-pandemic levels. Companies are also revising pay structures to comply with new wage codes, often reshaping compensation.