Companies eye up to 9% average pay hike next year: Survey

India Inc’s average salary increase is projected to reach 9% in 2026, a slight rise from 8.9% in 2025, as softer inflation supports real wage growth. Companies are focusing on technology, differentiated rewards, and productivity to manage costs amid economic uncertainty. Attrition has fallen to a five-year low, with involuntary exits increasing as a cost-control measure.