Consumer, hospitality staff likely to get best salary hike in 5 years

According to Aon, a global professional services firm which tracks the talent trends, the fast-moving consumer goods (FMCG) sector is set to offer double-digit (10.1%) average pay hikes this year, for the first time since 2019, and the hospitality sector too is likely to pay much higher increments (9%) after a sharp fall (1.4%) in 2020 following the outbreak of Covid-19 which brought business to a halt.