Brace for disappointment! Indian IT sector employees likely to see flat salary hikes and deferred increments this year

India's $250 billion IT sector is expected to witness stagnant salaries in 2024 due to global challenges impacting company operations. Average salary appraisals are projected to range from 8.4% to 9%, with a focus on stabilizing headcounts and exploring ways to enhance gross margins. https://ift.tt/QVJtgIA