Survey Reveals Low Job Satisfaction and High Salary Expectations Among Indian Employees
Only 29% Indian employees satisfied with pay; 81% to ask for hike
Image: Asianet Newsable
A recent survey by the Association of Chartered Certified Accountants shows that only 29% of Indian employees are satisfied with their pay, while 81% plan to request salary increases within the next year due to rising living costs. Millennials are the most likely to seek raises, with 90% intending to do so.
- 01Only 29% of Indian employees express satisfaction with their current salaries, compared to a global average of 36%.
- 0281% of Indian respondents plan to ask for a pay raise in the next year, up from 67% in 2025.
- 03Millennials show the highest intention to seek salary hikes at 90%, followed by Gen Z at 77% and Gen X at 75%.
- 0468% of Indian employees expect a salary increase of over 10%, significantly higher than the global average of 37%.
- 05Employers face pressure to balance rising salary expectations with profitability and retention strategies.
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A survey conducted by the Association of Chartered Certified Accountants reveals that only 29% of Indian employees are satisfied with their current pay, highlighting a significant gap in job satisfaction compared to the global average of 36%. The report indicates that 81% of respondents plan to request salary increases within the next year, driven by rising living costs and inflation. Millennials are particularly proactive, with 90% intending to seek pay hikes, while 68% of Indian employees expect increases exceeding 10%. This expectation is notably higher than the global average of 37%. The findings underscore the increasing pressure on employers to meet these rising salary demands while maintaining profitability and employee retention. As the workforce evolves, younger professionals prioritize compensation, but mid-career employees are also valuing meaningful work alongside remuneration.
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The low satisfaction levels and high expectations for salary hikes could lead to increased turnover rates and challenges for employers in retaining talent.
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