Note ban has little impact on increments in FY17: report - News Summed Up

Note ban has little impact on increments in FY17: report


The report noted that as many as 85% respondents said demonetisation did not impact this year’s increments at all. The survey noted that as many as “85% respondents said demonetisation did not impact this year’s increments at all in spite of the speculations”. Marketing professionals in advertising were given the highest increment of 20% while the telecom sector saw the lowest hike handed out to marketing professionals. Supply chain professionals from the healthcare industry received the highest increment of 24% followed by logistics. Engineers and manufacturing professionals in power were given the highest increment of 20% whereas auto featured in the lowest of increments of 2%.


Source: Mint August 06, 2017 06:56 UTC



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