With the global economy facing turbulent times, companies and employees have become more cautious. The new report stressed that workers' wear in India Inc In 2024 fell as workers decided to favor stability over career movements in the middle
According to the third issue of Deloitte survey India Talent Outlook, at the Pan-India level, the organization reported an average wear level of 17.4% in 2024, which is a marginal decline from 18.1% in 2023.
It was found that the level of wear has decreased in different industries. In the IT sector, the average wear rate in 2024 decreased to 15.1% of 19.3% in 2023, while in the ITeS segment dropped to 10.8% of 18.7% in 2023. Production 2023. Reducing average wear in the financial services and other services sectors.
Surprisingly, however, the sentiments differed in the consumer segment, where the average wear rate increased to 18.4% in 2024 from 17.4% in 2023.
“In the middle of market uncertainties and reduced demand for recruitment, the stability of jobs and internal growth opportunities have become the key driving force of maintenance, taking over the priority between year -on -year increases,” the report said.
Prakhar Tripathi, Partner, Deloitte India, has developed that before the survey, the company spoke to the main officials of the human resources of four companies, including a diversified conglomerate, banking major, consumer company and technology giant about what is happening in the economy.
“We covered all sectors because we had a survey coming from our clients, but we also wanted to emphasize the test of what was happening on the part of wear. Stability is what people are looking for at this point because people see that businesses are facing heads,” he stressed.
Deloitte India Talent Outlook 2025 is a survey aimed at providing the creators of the decision to overview of compensation, performance, talents and technological data and HR trends from more than 500 companies in seven sectors.
It has been found that Indian companies undergo global and local headwinds are clear focus on optimizing budgets for compensation, with increased salaries for 2025 in 2025 in 2024.
