Mumbai: The telecom industry<\/a>, including top operators Reliance Jio<\/a>, Bharti Airtel<\/a> and Vodafone Idea<\/a>, are giving salary hikes of an average 10-12% for this fiscal year, a significant increase compared with the average increment of 7.5% last year, said staffing firms.
For the three telcos, they said the average increments are 8-12%.
Most of the companies have communicated the pay hikes to employees. While some have already given out the higher salaries, others are expected to implement them effective July, the staffing firms said.
Deval Singh, business head of telecom, IT& ITes, media and government at staffing services firm TeamLease Services<\/a>, said the carriers are aligned with each other when it comes to paying out salaries and aren't overdoing it yet.
Reliance<\/a> Jio, Bharti Airtel and Vodafone Idea did not respond to ET’s queries till press time Thursday.