25-30% hike this year likely for switching jobs

Professionals looking to switch jobs this year can expect to get an average salary hike of around 25-30%, which is higher than what those switching jobs managed for themselves last year, according to estimates made by a recruitment firm. These hikes look attractive at a time when most companies are expected to give annual increments in the range of 8-15% this year. The compensation study was conducted among candidates who had been assisted with employment opportunities by the recruitment firm with annual salaries in the range of Rs 5 -20 lakh.

Read the Economic Times news report here.