India Inc set to continue with pre-pandemic level increments in 9-9.5% range: Mercer

After having grappled with the impact of the Covid-19 pandemic, cost deferrals and reduction measures to ensure business continuity, most companies last year reverted to pre-pandemic levels of investment in rewards and incentives after a dip in 2020. This trend is set to continue this year amid cautious optimism, according to the Mercer Total Remuneration Survey.