A recent Deloitte report indicates that Indian companies anticipate an average salary increment of 9.1% for 2026, a slight increase from 9% in the previous year. This stability is attributed to a resilient macroeconomic environment and sector-specific growth dynamics. The financial services and manufacturing sectors are expected to offer higher pay increases to meet growth and hiring needs, while tech companies are showing caution, with projections reduced by 10-70 basis points. Promotion rates have also seen an uptick, rising from 12% in 2024 to 14% in 2025, although the share of employees receiving top performance ratings has decreased from 10% to 7%. Additionally, attrition rates have increased to 17.6%, reflecting a stable labor market rather than a surge in hiring activity. Companies are increasingly adopting a skills-based approach to talent development, with 75% now utilizing competency frameworks and shifting to digital learning modes for training delivery.