8.8% salary increase expected in 2025, promotions to remain limited: Deloitte

With the new financial year beginning from April 1 and most of the IT companies having completed performance review of their employees, a clear picture is going to be out in terms of salary hike. Meanwhile, responses from 75% of the companies that participated in the Deloitte India Talent Outlook 2025 have shown that they will either reduce or keep their pay increases same as the last year. The focus lies more on optimizing cost budgets, with pay increases for 2025 being forecast at 8.8% which is low when compared to last year’s pay increase of 9%.