Cost-Of-Living Increase 2024 Private Sector In India. According to the india compensation survey by management consulting firm korn ferry, indian firms are projected to offer a median salary increment of 9.7 per cent in 2024,. A single person estimated monthly costs are 345.5$ (29,046.8₹).
India’s gdp growth is expected to remain robust in fy24. Average salary hike in 2024 by india inc would be 9.5%, according to hr solutions firm aon’s latest survey on salaries in india.