The last two years of the Covid-19 pandemic has been difficult on a lot of working people. While some received appraisals, others weren't so lucky. However, a new report indicates a brighter future because it says despite global macroeconomic conditions and rising inflation, salaries in India are likely to increase by about 10.4 per cent on an average in 2023, compared to an actual increase of 10.6 per cent to date in 2022. 

Moreover, the attrition rate for the first half of 2022 continued to be high at 20.3 per cent, only marginally lower than the 21 per cent recorded in 2021, thus retaining the pressure on salaries.