Here's how much salary hike Indians can expect in 2026, according to Aon

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The average salary hike in India is seen at about 9% in 2026, as against 8.9% recorded in 2025, according to Aon’s annual survey.

Updated on: Oct 7, 2025 3:41 PM IST

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Indian employees can expect a marginal increase in salary hike next year, a new survey has revealed. That, even as global wage growth moderates.

NBFCs and GCCs are seen as handing out the highest salary hikes in 2026. (Representational Image/Pexels)

The average salary hike in India is seen at about 9% in 2026, as against 8.9% recorded in 2025, according to Aon’s Annual Salary Increase & Turnover Survey 2025-26 released on Tuesday. At the same time, voluntary attrition rate has fallen to 17.1% from 17.7% in 2024, which allows companies some wiggle room to rebalance hiring and salary hikes in 2026.

India Salary Hikes 2026 Forecast

Average salary hike: 9% in 2026 versus 8.9% in 2025
Top sectors: NBFCs, GCCs, life sciences
Attrition trend: 17.1% in 2025 versus 17.7% in 2024
Role & location: Critical functions likely to outperform

“Our survey shows that key sectors like real estate and NBFCs are leading the way in talent investment…,” Aon says in the survey. “Businesses are taking a strategic approach to compensation to ensure sustainable growth and workforce stability, even amid global uncertainty.”