<ul><li>In 2024, HR trends are shaping the workforce landscape, with data-driven hiring, diversity-focused practices, and significant pay hikes taking center stage.</li><li>Companies are adapting to changing expectations, emphasizing flexibility, diversity, and fair hiring processes. AI-powered tools are set to revolutionize HR practices, automating tasks and personalizing employee experiences.</li><li>Skill-based hiring gains prominence, particularly in IT, auto, finance, and manufacturing. Despite economic uncertainties, India's hiring sentiment is strong, driven by domestic demand. Startups face cautious hiring, impacted by automation.</li><li>Appraisals in 2024 are expected to see a 9.8% salary raise, reflecting a careful approach amid cost monitoring.</li></ul>

Data-driven hiring practices, nearly double-digit pay hikes to mark 2024

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