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A very wonderful and big good news is coming for the working people of the country. There is every possibility of a huge increase in the salaries of employees working in different companies in the current financial year ranging from 8.6 percent to 10.2 percent. Due to the ever-increasing demand for skilled and better performing employees in the market, this year there is a huge jump in the salary.

In a latest report that came out on Tuesday, this possibility of employees having fun has been expressed. According to the latest report released by TeamLease Services on employment and salary scenario, the average salary hike during the financial year 2026-27 can be in the range of 8.6 percent to 10.2 percent. In this whole game of filling the pockets of employees, fast-moving sectors like Electric Vehicle (EV), EV Infrastructure, Fintech (Financial Technology), Healthcare and Pharma (Drugs) are going to play the most important role.

People working in EV sector will enjoy the most

It is clearly stated in this report that electric vehicle (EV) and sectors can see the highest increase in salary i.e. 9.6 percent to 10.2 percent. In this sector too, the salary of people working in important roles like Electrical Engineer, Quality Control Inspector and Site Engineer is estimated to increase the most.

Commenting on this change, Balasubramaniam A, Senior Vice President, TeamLease Services, said that India’s salary structure is now becoming much more diverse and completely performance-based than before. Now the trends of salary increase in companies are completely dependent on the progress of different sectors and the special skills of the employees. The best thing is that this bumper increase in salary is no longer limited only to big metro cities like Delhi-Mumbai, but small and emerging cities of the country are also continuously strengthening their position in this matter.

Know how much salary will increase in your sector this year

If we look at the data of the report, the salary increase this year in major sectors like automobile, insurance and BPO may remain between 8.9 percent to 9.5 percent. On the other hand, the salary growth of employees working in traditional sectors like banking, construction and real estate, telecom and textile is estimated to be between 8.6 percent to 8.8 percent. The report also claims that the biggest and positive impact of salary hike in different work areas is being seen in Sales and Marketing, Engineering and Information Technology (IT) departments.

These new cities are moving ahead by leaving the big metro cities ahead.

If we talk at the level of cities, then this year cities like Chennai, Pune, Hyderabad and Ahmedabad can be seen standing at the forefront in terms of salary increase. Not only this, apart from these, small cities like Visakhapatnam and Nagpur, which are rapidly emerging on the map of the country, are also expected to see a good and strong increase in salaries this time. On the contrary, the pace of big and old metro cities may be a little slow this time.