Average Salary Increase For 2024. Given the extremely volatile exchange rate, we need to know the average salary in india, in terms of usd. 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.

Average actual salary increases hit 5.4% in 2023 as compared to 5.0% in 2022 among organizations in the top 15 economies around the world. 19% plan to increase pay by.