India Inc is expected to roll out an average 9.1% salary hike in 2026, according to Aon’s latest compensation survey covering 1,400+ organisations across 45 industries.
In 2025, the actual increase stood at 8.9%, slightly below projections. But 2026 may see stronger momentum — especially in real estate, infrastructure, NBFCs, and manufacturing.
Who Could Benefit the Most?
Financial services
E-commerce
Life sciences & pharmaceuticals
AI and digital-focused roles
According to EY’s Future of Pay 2026 report, skill-based pay is gaining traction, with AI and digital capabilities commanding premium increments.
But There’s a Catch
Salary growth has moderated over the past decade. Back in 2015, average increments were 10.4%.
Now, companies are balancing pay hikes with:
Labour code implementation
Higher social security contributions
Retirement benefit restructuring
Global trade tensions
AI-led disruption in the IT sector
Reports suggest 25 of India’s top 30 companies faced a nearly ₹12,000 crore impact on Q3 FY2026 profits due to regulatory changes.
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What Does This Means for You?
Companies are becoming more strategic. Across industries, pay growth is shifting from broad-based hikes to targeted, skill-driven compensation.
If you’re building expertise in AI, digital transformation, or high-demand sectors — 2026 could be rewarding.