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National News

The Times of India

National / The Times of India

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New labour codes to keep salary hikes stable; IT sector margins tested

Despite increased wage bills from new labour codes, most companies won't slash salary hikes. However, some sectors, particularly IT, may see moderated increments. Experts suggest companies are absorbing costs or budgeting separately, with overall salary growth driven by demand and skills, not just compliance. This shift prompts a long-term rethink of workforce and compensation strategies.

13 Feb 2026 3:11 pm