White-collar workforce may see 8-11% salary hike, say HR specialists

Indian white-collar workforces may witness a salary increment of 8-11% this year. This is still a significant movement, considering the challenges such as pressure on margins and changes in manpower plans and hiring action due to geopolitical pressures and adoption of modern technology.

However, Anil Ethanur, co-founder at Xpheno, a specialist staffing firm in Bengaluru, pointed out that some sectors could see a hike of 11-12%, depending on the profit margins the industry could make over the period of one year.