calender_icon.png 19 April, 2025 | 2:17 AM

E-commerce sector to see highest salary hike in 2025: Report

01-04-2025 12:27:36 AM

The e-commerce sector in India is expected to witness the highest salary increments in 2025, with hikes surpassing 10%, according to a report by EY. The report highlighted that despite a slight moderation in salary growth across industries, the digital commerce sector will continue to offer competitive pay increases.

It said "the e-commerce sector is expected to witness the highest salary increments, surpassing 10%, driven by the rapid expansion of digital commerce, increased consumer spending and technological advancements". The report stated that overall salary increments for 2025 are projected at 9.4%, slightly lower than the 9.6 per cent recorded in 2024. This indicated a minor slowdown in pay growth. 

However, e-commerce remains an exception, driven by rapid digital expansion, rising consumer spending, and advancements in technology.

Other major industries such as automotive, pharmaceuticals, manufacturing, and financial services are also showing steady salary trends. These sectors continue to invest in their workforce, reinforcing India's strong position in the global market.

Despite the slight dip in salary growth, companies are committed to retaining talent and ensuring competitive compensation. One of the key challenges facing businesses today is the shortage of skilled professionals. The report reveals that while attrition rates have slightly declined from 18.3% in 2023 to 17.5% in 2024, 80% of organizations are struggling to find qualified employees.