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Hike in salary will not impact much of real eatste

Q: Construction and real estate companies will have to stay illiberal as there will be no impact of salary hike on them.

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Replies (4)
1
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Afsar Ali


2
Hey guys, nice analysis here. Does the "lay off" factor fit in here by chance?
Vishal Malhotra


3
And as per the report Delhi, Bengaluru, chennai, Mumbai, Pune and Hyderabad are on the scale of high increment. Delhi leads as it's getting high increment. IT sector-13.65%, healthcare and pharma-13.28% and telecommunication-12.67% chosen Delhi as the city to talent in best.
Jeet Bhaskar


Hey Jeet!!!!
On the other hand, salaries in the blue collar region has seen a sharp rise for select profiles, with employers wanting to reward and retain specialized skills. According to the report, power and energy (electrician, supervisor) and hospitality (gym instructor, housekeeping) are cases where blue collar job profiles have collected high salary increments this year.
Uday kumar,  Chennai
22nd April 2016


4
Yes, and the reason is only 42% of the profiles has witnessed a significant increment in the pay package this financial year. As per the report, unlike last year double digit salary growth will not be universal. If we average it then we find that the average salary hike in the current fiscal year 2016-17 are ranging between 11-13% across industries.
Rajiv


Hi Raji,
It is true that only 42% of the profile has witnessed a significant increment in their pay packages this financial year and specially central government employees. Employees in IT, agriculture and agro-chemicals, FMCG, FMCD, healthcare & pharma, hospitality, retail and telecommunications will receive double digit salary hikes. However, companies across auto and allied industries, BFSI, BPO, and IT enabled services, construction & real estate and power & energy.
Praneetha,  Delhi-NCR
22nd April 2016


5

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