India Inc To Award 9% Salary Hike In 2026, Finds EY Report — Sectoral Breakup Inside

A recent EY report highlights that Indian companies are expected to award an average salary increase of 9% in 2026, reflecting optimism in the job market. Among various sectors, Global Capability Centres (GCCs) lead the way with projected increments of 10.4%, showcasing their growing significance in the economy. Other sectors, such as technology and manufacturing, are also poised for substantial raises, albeit at slightly lower rates. The anticipated salary hikes are attributed to factors such as inflation, talent retention, and the evolving demands of the workforce. As companies adapt to changing economic conditions and employee expectations, the projected increases signal a robust recovery and potential growth in employee compensation across different industries. This trend is particularly noteworthy as it comes on the heels of a challenging economic landscape shaped by the pandemic, suggesting that firms are prioritizing talent investment to drive future success.