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First Policy Insurance Brokers acquires Amicus Insurance Brokers
Organisations in India project 9.4 pc salary increase in 2022: Aon survey
”This is a strong indication of financial health and buoyancy in the economy. There is a clear uptick, from 6.1 salary increase in 2020, we have gone up to 8.8 per cent actual in 2021 and the projected salary increase for 2022 is 9.4 per cent, which is at par with the pandemic number that we had seen in 2018 and 2019,” said Roopank Chaudhary, a partner in Aon’s human capital business.
The survey further noted that the pandemic has accelerated the digital journey for organisations and this has led to an unprecedented war for digital talent in the short term and is driving up salary increase budgets and attrition numbers across sectors.
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International
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New York City Mayor Bill de Blasio declared a state of emergency, granting him new powers as the number of confirmed cases rose to 95 in the nation’s most populous city.
“We are getting into a situation where the only analogy is war and a wartime dynamic,” de Blasio said, referring to an expected surge in demand for hospital beds.
From California to New York, officials banned large gatherings and closed museums and other institutions without saying how long the directives would stay in place, compounding the uncertainty.
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