According to the recent survey many professionals feel that their salaries are below market standards and dissatisfied with their current salary. Nearly 95 percent of employees feel that they are underpaid, while 5 percent said their salaries matched the market standard. Salary is the biggest fact in accepting a new offer or leaving the current job.
Despite of monetary benefits salary is the primary criteria for the India Inc. employees to engage or retain staff. The survey also mentioned the compensating benefits and expectations across the three generations were noted as baby boomers (58%), Gen X (38%) and gen Y (42%) want more in-hand salary in their monthly pay packages.
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