Hi all,
I would like to update our Company’s annual hike percentages. For this, I would like to know the standard practices that are being followed.
Thank you in advance.
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There is no standard annual hike percentage followed in the market in India as it varies depending on various factors such as industry, company performance, inflation rate, market demand, and supply. Generally, the average annual salary hike in India ranges between 7% to 10% for most industries. However, some industries such as information technology may offer higher salary hikes due to high demand for skilled professionals. It’s important to note that salary hikes are not guaranteed and may also depend on individual performance, experience, and skills.
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sharing some reports 
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Thank you for the response, Sree.
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Thank you for sharing the report, Ludy.
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