Over 85% of employees plan to change jobs after salary hikes in 2025: Survey
'This year's appraisal cycle reflects a growing disconnect between employer intent and employee expectations,' said Pranay Kale, Chief Revenue and Growth Officer at foundit. 'Professionals today are looking for more than just compensation—they want growth, visibility, and work-life alignment.'SECTOR-WISE DISPARITIESAdvertising and media led the 'no-hike' list, with 41% of employees reporting no increment. Education (33%), BPO/ITES (31%) and IT services (32%) followed close behind.In contrast, energy and BFSI stood out for their more generous increments. In the energy sector, 26% of professionals received hikes of over 20%—the highest among all industries. BFSI showed a balanced spread, with a healthy share of high and mid-range increments.MID-LEVEL STAFF FARED BETTERThe appraisal cycle favoured execution roles over leadership positions. One in three professionals with 11 or more years of experience received no hike, while only 17% of those with 7–10 years of experience were denied an increment.Functionally, sales and marketing professionals saw stronger outcomes, with over 20% of respondents in both roles receiving hikes above 20%. IT, HR, and finance roles saw a more conservative cycle, with fewer than 15% reporting top-tier increments.HIKES ALONE DON'T RETAIN TALENTJob-switch intent remained high across all hike bands. Even among employees who received 20% or higher increments, 86% said they still plan to leave. Across lower hike bands, the number ranged from 82% to 87%.Only 32% of all respondents felt their increment met expectations and just 36% found the overall appraisal process effective.Transparency around hikes and promotions, along with flexibility and career growth, emerged as top priorities for those who chose to stay in their current roles.The survey makes one thing clear. In 2025, a salary hike is not a reason to stay. It is a trigger to re-evaluate. For India Inc., that is a warning bell too loud to ignore.- EndsMust Watch
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)
Business Standard
6 minutes ago
- Business Standard
Crude oil slips to $68; Emkay flags shift to clean energy, stable supply"
Brent crude prices have cooled to $68 a barrel after briefly breaching the $80 mark during the Israel-Iran conflict, as geopolitical tensions ease and global oil markets rebalance. According to Emkay Wealth Management, the retreat reflects the fading of a $10–15 risk premium, stabilizing OPEC+ supply moves, and a growing global shift toward cleaner energy sources. The brief but sharp rally in crude was largely driven by geopolitical risk premiums, which analysts at Emkay estimate ranged between $10–15 per barrel. With the absence of direct disruptions in key oil routes—particularly through the Hormuz Strait, a vital chokepoint for global oil supply—the tension-driven premium has largely unwound. OPEC+, the influential oil producers' bloc, has stepped in as a stabilizing force by easing supply curbs and promising to gradually ramp up production. Iraq, a key supplier to the U.S., continues to maintain uninterrupted oil exports, further supporting the global supply chain. These developments have collectively helped anchor oil prices in a range-bound zone, easing fears of runaway energy inflation that rattled global markets earlier this year. While supply-side pressures ease, the demand landscape is undergoing a structural shift. The report notes that the European Union's decarbonization agenda—with targets to push renewable and nuclear energy to 70% of its total mix over the next decade—is gaining serious traction. Supported by investments of over $300 billion, this energy transition could curb long-term crude demand, especially in advanced economies. This trend adds another layer of moderation to oil prices, as clean energy adoption intensifies across the globe. In the U.S., crude stockpiles rose by 3.8 million barrels as of June 25, bringing the total inventory to 419 million barrels. This build-up suggests that near-term demand may be softening, or supply outpacing consumption—both of which tend to cap price surges. What's Next for Oil Prices? According to Emkay's analysis, Brent crude is expected to trade within a technical ceiling of $70–$75 per barrel, barring any fresh geopolitical disruptions. With key variables—Middle East tensions, OPEC+ strategy, U.S. inventories, and green energy policy—all appearing stable or favorable, a new price equilibrium is likely taking shape. "Unless new shocks emerge, oil prices are likely to remain range-bound," the report notes. What this means for investors & consumers For Indian investors and consumers, this cooling in crude prices could have multiple positive ripple effects: Lower inflationary pressure, especially on fuel and transportation costs Stable input costs for oil-import-heavy industries (aviation, paints, chemicals) Improved trade balance and lower fiscal burden on fuel subsidies Equity market relief, particularly in sectors like FMCG, auto, and logistics For investors in energy-linked mutual funds or ETFs, cautious rebalancing may be wise, given the evolving price ceiling.
&w=3840&q=100)
Business Standard
6 minutes ago
- Business Standard
Govt plans to bring oil firms' private pipelines under PNGRB oversight
Oil ministry plans to amend the Petroleum and Natural Gas Regulatory Board Act to bring oil firms' captive pipelines under regulatory oversight, enabling third-party access & uniform safety standards New Delhi India's oil and gas sector could soon witness a major regulatory shift, as the Ministry of Petroleum and Natural Gas is preparing to bring privately used, or 'captive', pipelines under the supervision of the Petroleum and Natural Gas Regulatory Board (PNGRB), according to a report by The Economic Times. The ministry plans to introduce changes through amendments to the PNGRB Act. Currently, the law refers to such infrastructure as 'dedicated' pipelines — used solely for a company's internal operations — and does not explicitly recognise the term 'captive', which is often used by oil firms. Push for common carrier status Under the existing law, PNGRB has the authority to declare a dedicated pipeline a 'common carrier' or 'contract carrier', depending on its usage. Common carriers must allow third-party access, which many state-run oil companies have been reluctant to accept. They fear it could result in a decline in their market dominance if private players gain access to their infrastructure, the news report said. In December 2022, PNGRB had written to major state-owned oil firms — Indian Oil, Bharat Petroleum, and Hindustan Petroleum — urging regulation of their dedicated pipelines to ensure fair play and protect consumer interests. 'The intent of bringing such pipelines under the ambit of PNGRB is to protect the interest of consumers by fostering fair trade and competition... and monitoring of compliance of technical and safety standards,' the regulator wrote in its letter. EU sanctions to hit Indian oil exporters Recent European Union sanctions on Russian crude products are likely to push Indian refiners to depend more on intermediaries and traders to maintain overseas sales. Indian private refiners like Reliance Industries and Nayara Energy are likely to face challenges after the EU's 18th round of sanctions against Russia, news agency Reuters reported. The new rules ban imports of petroleum products made from Russian crude, even if refined in a third country, affecting key export markets. Reliance, India's top buyer of Russian oil, exported nearly 2.83 million barrels of diesel and 1.5 million barrels of jet fuel per month to Europe in 2025, which accounted for about 30 per cent and 60 per cent of its exports of these fuels. The new sanctions will be implemented gradually over six months. Nayara Energy, which is backed by Russia's Rosneft, is also sanctioned under the new package. With these developments, Indian refiners may increasingly rely on traders to divert their products to alternative markets.
Indian Express
6 minutes ago
- Indian Express
Daily Briefing: Highlights of the UK-India trade deal
Good morning, Prime Minister Narendra Modi, who is visiting London, has signed the landmark free trade agreement with his British counterpart, Keir Starmer. The Comprehensive Economic and Trade Agreement (CETA) comes against growing volatility triggered by US President Donald Trump's tariffs. The CETA promises to enhance bilateral trade, provide Indians with greater access to British products, ranging from cosmetics to cars, and allow for tariff-free access to 99% of Indian imports to the UK. Here's a look at some significant gains for India and the UK: 👉 The UK will eliminate import duties of up to 20% on job-creating sectors such as textiles, footwear, gems and jewellery. 👉 Indian food sectors, including seafood, dairy, and meat, will enjoy zero duties. Tariffs on tea and coffee have also been scrapped. 👉 In a first, India has allowed UK firms to participate in government tenders, giving them Class Two status under 'Make In India' rules, which require 20-50% domestic value addition. 👉 India has also halved the import tariffs on Scotch whisky, from 150% to 75%. Premium brands like Chivas Regal, Ballantine's, Glenlivet, Glenfiddich, and Johnnie Walker are set to become more affordable. This gives Scotch distillers access to the world's largest whisky market by volume; however, the Indian alcoholic beverage industry has raised concerns over potential dumping. Also read: The history behind Scotch whisky 👉 You may see more British luxury vehicles on the roads as the CETA slashes duties on internal combustion engine cars to 30-50%. However, the benefit will be quota-based and apply to a limited number of vehicles. The duties will be further reduced gradually over the years. Zero-emission cars will also see reduced tariffs, depending on their cost, benefiting automakers like Jaguar Land Rover, a manufacturer of SUVs. 👉 Lastly, the UK and India have also agreed to ease the exchange of services. They will now require temporary employees to pay social security contributions only in their home countries, which would mean greater take-home salaries. Where the chips fall: The abrupt resignation of Jagdeep Dhankhar as Vice-President hints at growing differences between the ruling BJP and the man it once welcomed as 'kisan putra' after his election in 2022. His acceptance of the Opposition's impeachment motion against Justice Yashwant Varma, much to the government's chagrin, may not have been the sole reason for his exit, but was probably the last straw, writes contributing editor Neerja Chowdhury. The fallout from Dhankhar's exit is still unfolding, but Chowdhury opines that the next Vice President is unlikely to be someone outspoken. 🎧 For more on Dhankhar's resignation, tune in to the latest '3 Things' podcast episode, where we discuss the developments with our political reporter, Liz Mathew. Fall and fall: On Thursday, the Enforcement Directorate (ED) searched over 35 locations in Mumbai linked to industrialist Anil Ambani, as part of a money laundering probe into an alleged Rs 3,000 crore bank loan fraud. The latest setback to the Reliance Anil Dhirubhai Ambani Group comes at a time when it was looking to recover from a years-long turbulent journey marked by debt defaults, financial losses, and insolvency proceedings in the wake of the Ambani brothers' split. Data loss: The April security breach at the Indian Council of Agricultural Research (ICAR), the country's apex organisation in the sector, resulted in the loss of 'crucial data' related to recruitment and research projects. Here's what an ICAR committee report states. Rules of the game: The National Sports Governance Bill, introduced by Sports Minister Mansukh Mandaviya in the Lok Sabha on Wednesday, proposes two significant changes to how sports are governed in the country. It will establish a National Sports Board with broad powers to oversee the functioning of federations, as well as a National Sports Tribunal to resolve disputes. My colleague, Mihir Vasavda, spoke with eminent sports lawyer Nandan Kamath about the key aspects of the Bill and why it was necessary. Smokescreen? The Maharashtra House cleared a Special Public Security Bill earlier this month to curb 'Left Wing Extremism (LWE)'. Columnist Suhas Palshikar points out the gaps in the legislature's language, which could leave social activists vulnerable and criminalise dissent. Read. ♟️ The Women's Chess World Cup has reached an interesting stage, with the final battle set between two Indian candidates. The battle is also intriguing because on one side is a young, ambitious 19-year-old who just defeated a former world champion, and on the other is the first Indian woman to become a grandmaster. At 38, Koneru Humpy is twice the age of Divya Deshmukh, who just completed the first of three norms required to become a grandmaster — and India's fourth woman grandmaster. That's all for today, folks! Happy weekend-ing! Sonal Gupta
