Corporate India Sees Salary Boom Amid Skill-Based Demands

Corporate India is expected to see annual salary increases ranging from 6-15% in 2025, with niche skills and critical roles enjoying up to 40% hikes. The job market remains resilient, driven by demand in technology and BFSI sectors. A focus on diversity and niche skills is reshaping hiring practices.

Corporate India is on the brink of significant annual salary hikes, estimated between 6-15% this year, with specialized and leadership roles potentially witnessing increases of up to 40%. According to Michael Page's 2025 Salary Guide, the job market has displayed resilience, offering more opportunities than early 2024.

New global funds expanding into India confirm the country's growing influence in global investments. The Banking, Financial Services, and Insurance (BFSI) sector is leading demand, notably in areas such as risk management and technology. Specialized skills in AI, ML, and data privacy remain crucial for securing substantial salary increments.

Diversity and inclusion initiatives, along with agile hiring strategies, are pivotal, with companies offering competitive packages to attract talent. As digital transformation bolsters the tech sector, demand for niche skills remains high, reaffirming the trend towards skill-based salary growth and progression.

(With inputs from agencies.)