<ul><li>A recent Naukri survey revealed that 42% of recruiters reported less than a 10% increment for employees in their companies during the last appraisal cycle.</li><li>Approximately 31% of recruiters mentioned that their organizations provided salary hikes ranging between 10% and 15%.</li><li>Just 6% of surveyed recruiters indicated that increments exceeding 30% were given in the past appraisal cycle.</li><li>The survey involved 1,200 recruiters and consultants, highlighting cautious increment trends amid current job market uncertainties. Additionally, data from Aon showed that many Indian unicorns reduced their appraisal budgets for 2023 to cut costs during a prolonged funding winter.</li></ul>

42% of recruiters say their companies gave less than 10% increment: Naukri survey

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