Employee compensation up 13%
- Posted on December 24, 2024
- By Business News Today
- 1 Views
Employee compensation up 13%
Average annual employee compensation at unincorporated enterprises in India rose 13% to ₹1.4 lakh per head for the period October 2023-September 2024. Compensation growth varied across sectors, with manufacturing seeing the highest increase at 16.1%, followed by trade at 14%, and services at 10.4%.