&w=3840&q=100)
India Inc to offer avg salary hike of 6.2-11.3% across industries: Report
According to the TeamLease Services - Jobs and Salaries Primer 2025-?26 report, the average salary hikes is projected to be in the range between 6.2 per cent and 11.3 per cent across industries, while some role-level salary increments are expected to reach up to 13.8 per cent.
"The projected salary growth, ranging from 6.2 per cent to 11.3 per cent, signals a broader realignment in India's job and wage landscape. As new-age industries scale rapidly, demand is shifting toward roles that combine technical capability with immediate business impact," TeamLease Services CEO - Staffing, Kartik Narayan said.
The report, based on inputs from 1,308 businesses across 23 industries and 20 cities, noted that the highest salary increments are expected in sectors such as EV and EV infrastructure (11.3 per cent), consumer durables (10.7 per cent), retail (10.7 per cent), and NBFCs (10.4 per cent).
Top roles within industries with the highest salary increment are Electrical Design Engineer (12.4 per cent) in EV & EV Infrastructure, In-Store Demonstrator (12.2 per cent) in Consumer Durables, Relationship Executive (11.6 per cent) in NBFC, and Fashion Assistant (11.2 per cent) in Retail, it added.
The report also found a strong blue-collar rebound as this segment is now experiencing healthy increments, driven by rising infrastructure investments, the expanding EV ecosystem, and the ongoing revival in real estate and manufacturing.
The fastest-growing blue-collar roles are mechanic (10.4 per cent), material handler (10 per cent), machine operator (9.9 per cent), and electrician (9.3 per cent), it stated.
"In the upward momentum in blue-collar wages even the traditionally stable roles like mechanic and material handler are seeing double-digit hikes. We see this shift as a critical signal for employers to align hiring with new growth engines, and for job seekers to upskill toward relevance and resilience," Narayan said.
Amid increasing competition among skilled operational workers, employers are reshaping their workforce strategies by focusing more on skill certification, retention, and incentive-led engagement, the report said.
A few of the roles within cities are expected to show exceptional salary increments -- Quality Control Inspector (13.8 per cent) in Pune, MIS Executive (13.4 per cent) in Hyderabad, Data Engineer (12.9 per cent) in Bengaluru, Electrical Design Engineer (12.6 per cent) in Mumbai and Sales Executive (12.4 per cent) in Gurgaon among others, it added.
The report further noted that across functional areas, sales and marketing roles are projected to see the highest average salary increment at 9.9 per cent, followed closely by engineering (9.5 per cent).
Other core functions, such as finance, customer service and back office, blue collar, and HR and admin, are expected to receive moderate hikes of between 8.2 per cent and 8.6 per cent, indicating a balanced growth trend across business-critical areas.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
2 hours ago
- Time of India
NBFCs nudge RBI for lower risk weight on loans against property
In their discussions with the Reserve Bank of India (RBI), non-banking financial companies have requested LAPs be not treated on a par with unsecured loans when assigning risk weights. They have urged the RBI to reduce the current cap of 125% and align more closely with home loans, which attract risk weights in the range of 35% to 50%. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads MUMBAI: Non-bank lenders have approached the central bank to ease, among other curbs, prescribed risk weights on products such as loans against property (LAP), arguing the risk profiles of such assets do not justify bracketing them together with unsecured exposures, or even plain-vanilla mortgages."In our experience, losses on LAP have been significantly lower compared to housing loans, primarily because transaction risks tend to be higher in housing finance," one of the two officials aware of the development told ET. "Risk weights for LAP should ideally be lower or, at very least, on a par with housing their discussions with the Reserve Bank of India ( RBI ), non-banking financial companies have requested LAPs be not treated on a par with unsecured loans when assigning risk weights. They have urged the RBI to reduce the current cap of 125% and align more closely with home loans , which attract risk weights in the range of 35% to 50%."There is no justification for equating them with the risk weights applied to personal or unsecured business loans," said the first official cited above. NBFCs have also urged loan-to-value (LTV) ratios on LAP be regularised with home loans. At present, LTVs on home loans can range from 80-90% but for LAP the range is 50-75%.NBFCs have urged the central bank to allow refinancing of self-construction loans in cases where construction is already more than 50% complete."Loan against property is a safer business compared to home loans because it is backed by completed properties, whereas home loans often carry completion risk when the property is still under construction," said the second official cited above. "The title deed for LAP is available upfront. For home loans in markets like Delhi-NCR, the title deed is often executed only upon completion, which poses a risk if the project remains unfinished."NBFCs have also urged the RBI to ensure a level playing field in the enforcement of SARFAESI (Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest) housing finance companies (HFCs) are permitted to invoke SARFAESI for loan exposures above ?1 lakh, while for NBFCs, the threshold is significantly higher at ?20 lakh. Industry players argue that this disparity puts NBFCs at a disadvantage and have requested that the ?1 lakh threshold be uniformly applied. At the very least, they contend, loans against property disbursed by NBFCs should be brought under the ?1 lakh eligibility to enable more effective have also requested to revise the computation methodology for principal business criteria (PBC), suggesting that it be based solely on loan assets, rather than the total balance sheet size.
Mint
3 days ago
- Mint
Corporate bond market records robust growth, poised for another strong year
The Indian corporate bond market has been in an upward trajectory, recording a healthy 13.42% year-on-year (YoY) growth in FY24-25. As per SEBI data, the market stood at ₹ 47.29 lakh crore ($ 567 billion) at the end of FY23-24, as against ₹ 53.63 lakh crore as of FY24-25, reflecting deepening participation amid evolving macroeconomic conditions. Like bonds issued by the government, corporate bonds are debt securities issued by a company or a corporation to raise funds from the market to meet various needs. Since these bonds are riskier than government bonds, they carry a higher return. A breakdown of the corporate bond market shows significant participation from the private sector players. According to data shared by India Bonds, barring non-bank and non-PSU segments, the private sector accounted for 45.12% of the entire corporate bond market. Meanwhile, the non-banking financial companies (NBFCs) — both public and private — comprised 29% of total outstanding bonds, the data showed. Breakdown of India's corporate bond market The financial sector as a whole, including banks, NBFCs, and housing finance companies (HFCs), comprised 51% of the outstanding corporate bond market. The non-financial sector, excluding the companies operating in the above-mentioned sector, accounted for the remaining 49%, reflecting a relatively balanced participation from both financial and non-financial entities. Looking ahead into FY25-26, India Bonds said the market shows signs of another strong year. In FY25-26, we have already seen record issuances in bond markets by companies, it said. Further, it added that going ahead, India Bonds sees a very healthy growth once again of the corporate bond markets, led by new investors coming in through Online Bond Platforms, uncertainty in the equity markets and a reducing interest rate cycle. Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
&w=3840&q=100)
Business Standard
4 days ago
- Business Standard
TeamLease shares soar 14% post Q1 result; will the rally sustain?
Shares of TeamLease Services rallied over 14 per cent on Friday after the company reported strong first-quarter numbers, with analysts positive on a medium to long-term basis. The human resource service provider's stock rose as much as 14.46 per cent during the day to ₹2,100 per share, the steepest intraday rise since July 23, 2024. The stock pared gains to trade 4 per cent higher at ₹1,895 apiece, compared to a 0.18 per cent decline in Nifty 50 as of 9:44 AM. Shares of the company snapped a two-day losing streak and currently trade at 88 times the average 30-day trading volume, according to Bloomberg. The counter has fallen 35 per cent this year, compared to a 4.4 per cent advance in the benchmark Nifty 50. TeamLease Services has a total market capitalisation of ₹3,206.21 crore. Track LIVE Stock Market Updates Here TeamLease Services Q1 results The company reported a 27.66 per cent year-on-year (Y-o-Y) rise in consolidated net profit to ₹26.54 crore for the quarter ended June 2025, compared with ₹20.79 crore in the same period last year. Revenue rose 12.08 per cent to ₹2,891.40 crore, up from ₹2,579.85 crore in the year-ago quarter. The company's general staffing segment saw a 5 per cent growth in headcount and an 11 per cent increase in revenue. TeamLease added 44 new clients in this vertical, with over 60 per cent of them opting for the variable staffing model. Ebitda rose 39 per cent Y-o-Y, supported by consistent operating leverage and volume growth. Net free cash stood at ₹300 crore, excluding tax deducted at source (TDS) refunds of around ₹300 crore. Analysts on TeamLease results Antique Stock Broking said that TeamLease reported revenue below its expectations. The modest growth was attributed to seasonality in the EdTech segment, partially offset by gains in the Global Capability Centres (GCC) business. However, management remains optimistic about the upcoming quarters, citing volume-led growth with 20,000 open positions, which is expected to support margin expansion, it said. Antique trimmed its earnings per share (EPS) estimates for FY26 and FY27 by 5 per cent and 4 per cent, respectively, due to slower growth and a miss on margins. The brokerage maintained a 'Buy' rating with a revised target price of ₹2,300 per share (earlier Rs 3,000). The company's Q1 performance was slightly muted, impacted by ongoing hiring softness in the banking, financial services, and insurance (BFSI) and IT services sectors, Motilal Oswal said. While near-term demand remains uneven across select verticals, the brokerage remains optimistic on the company's medium- to long-term growth prospects. The brokerage sees TeamLease as a key beneficiary of the ongoing formalisation of India's labour market, supported by liberalisation efforts from both central and state governments. It expects healthy growth and margin recovery to drive a CAGR of 13 per cent in revenue and 28 per cent in earnings over FY25-27.
