The COVID-19 outbreak has had a significant impact on every aspect of life. When the COVID-19 pandemic struck India last year, it caused unprecedented disruptions in the job market. Many sectors had to shut offices overnight, suffering huge losses, which led to massive layoffs, salary cuts.
However, after almost over a year, the job market can be seen gradually recovering along with growth in salary as well.
Recently a survey revealed that on the back of economic recovery and improved confidence, companies will give out at least 8.6 per cent increments to the employees in 2022.