Salary Hike 2026: There is good news for employees working in the private sector. In India, there may be a 9% increase in the salaries of employees in the new year. However, the rate of salary increase will be different in different industries. This information has come out from the Salary Survey Report 2026 of the global consultancy company ‘Mercer’. Earlier, in the Annual Salary Increase and Turnover Survey 2025-26 report of the global professional service provider company Aon, it was revealed that there will be a 9 to 10% increase in the salaries of employees in India in the new year.
Salary of people in this field will increase more
More than 1500 companies and more than 8000 positions were analyzed in this survey. According to Mercer’s survey, the highest salary increase is expected in the high tech sectors and the auto industry in the year 2026. Salaries are expected to increase by 9.3 percent in the high tech sector and 9.5 percent in the auto industry. Employees in information technology (IT), IT-enabled services (ITES) and global capability centers (GCC) can also get good salary hikes.
9 to 10 percent increase in employees’ salaries possible
According to the Annual Salary Increase and Turnover Survey 2025-26 report of global professional service provider company Aon, released in October, the salary of employees may see a 9.% increase in the year 2026. In this, there may be a 10 percent increase in real estate/infrastructure and non-banking financial companies (NBFCs) in 2026, 10.9 percent increase in real estate and infrastructure companies and 10 percent increase in NBFCs.
Apart from this, salaries may increase by more than 9% in sectors like automotive/vehicle manufacturing, engineering design services, retail and life sciences. Other industries like automotive and vehicle manufacturing are expected to increase by 9.6 percent, engineering design by 9.7 percent, engineering and manufacturing by 9.2 percent, retail by 9.6 percent and life sciences by 9.6 percent. Banking and technology consulting and services will see growth of less than 9 percent. The banking sector is expected to grow by 8.8 percent, while the technology consulting and services sector may see the lowest growth of 6.8 percent.