News: Telcos offer average salary hike of 7%; RCom doles out maximum hike

Compensation & Benefits

Telcos offer average salary hike of 7%; RCom doles out maximum hike

Wages across India's telecom sector have risen by an average 7% this year, with smaller companies loosening their purse strings a little more than their larger peers in a sluggish market, Economic Times reported.

Wages across India's telecom sector have risen by an average 7% this year, with smaller companies loosening their purse strings a little more than their larger peers in a sluggish market, Economic Times reported.

The pay increase at market leader Bharti Airtel, which has seen its share slip lately, has been 4-5%, said two people familiar with budgeting at the company. The Sunil Mittal-controlled company has reported 13 consecutive quarters of profit decline, and has significantly lagged Vodafone India and Idea Cellular in capturing new market.

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Topics: Compensation & Benefits, #Updates, #TotalRewards

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