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Salary Hikes in Corporate India: Trends and Sectoral Growth

Tuesday, June 9, 2026
5 min read
Salary Hikes in Corporate India: Trends and Sectoral Growth

So, we’re looking at salary hikes coming up for corporate India. TeamLease Services put out some numbers on this, and it seems things are swinging between eight point six and ten point two percent for the financial year 2026 to 27. That kind of movement is driven by people just needing skilled folks who can actually execute things, you know?

The report, their "Jobs and Salaries Primer," pegged a few areas as really heating up. Electric vehicles both the cars and the infrastructure needed for them along with fintech , healthcare , and pharma are supposed to be the big movers. They’re leading the charge there.

And then you look at specific jobs. Electrical engineers , they seem to be getting the biggest bump, hitting eleven point two percent. Quality control inspectors follow closely, maybe ten point nine . IT support executives are also seeing a decent jump, around ten point three . And don't forget those quality assurance and site engineers ; both got hikes of ten point two percent each.

But it’s not just about the roles. You have these industries grouped under sustainable growth: automotive , retail , insurance , BPO . Those sectors are projected to see increases somewhere in the eight point nine to nine point five range. Within that group, project engineers saw a solid ten point seven percent rise. EHS officers , some IT support execs , and relationship executives got around ten point one percent each.

Meanwhile, things are more tempered elsewhere. Banking , construction , real estate , telecom , textiles those sectors are seeing slower growth. We’re talking about eight point six to eight point eight percent there. Still a hike, sure, but definitely less dramatic than the high-growth areas. Though even in these steadier fields, some roles still pull ahead. Site engineers , for instance, saw nine point eight percent, and telecallers managed nine point seven percent. And IT support execs and financial reconciliation analysts ? They kept pace with nine point five percent each.

The real momentum seems to be in sales and marketing , engineering , and information technology . Associate software engineers are expected to see a nine point seven percent growth. The IT support roles just keep showing up everywhere it really highlights how crucial they are for all that digital transformation stuff happening across the board.

Now, moving to where people are actually living this money. Chennai is supposed to be the frontrunner city-wise. They project an average increment of nine point seven percent there. Pune and Hyderabad are right behind, both clocking in at nine point six percent each. Ahmedabad manages a nine point five percent bump. And you see some newer places catching up too: Visakhapatnam hitting nine point five , and Nagpur is projected at nine point four because of all the new industrial corridors popping up there.

But it’s not all smooth sailing. You see some areas lagging behind. Surat , for example, is expected to see eight point four percent a bit lower than where they thought it would be, down from a higher projection. Chandigarh also saw a dip, hitting eight point five , compared to what was anticipated earlier. And Lucknow is tracking at eight point seven , which is less than the nine point one they were hoping for previously.

Overall, even with all these numbers bouncing around the high demands in EV and engineering versus the slower pace in textiles or construction the big takeaway is that compensation is definitely moving. It’s shifting heavily toward those specialized skills and those fast-growing industries. That's where the real money seems to be flowing right now in India’s evolving job market.

Written by Gree News Team — Senior Editorial Board

Gree News Team covers international news and global affairs at Gree News. Our collective of senior editors is dedicated to providing independent, accurate, and responsible journalism for a global audience.

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