2024 Average Salary Increase. Organizations are predicting an average base pay increase of 4.5% in 2024, according to payscale’s 2024 compensation best practices report. Here's what raises will be like this year, per a new survey.
Despite the increase, some packages were as low as rs 4. New delhi, november 1, 2023 — the median salary increase in india is forecasted to rise by 9.8% in 2024, close to the actual salary increase of 10% in 2023.