GCCs in India expect 9.8 pc salary growth in next 12 months: Report

salary growth over the next 12 months, as organisations adapt to evolving talent demands and navigate macroeconomic challenges, a report said on Wednesday. In India, GCCs are seen as the top payers, outpacing traditional IT services in pay parity and growth, and are expected to give 9.8 per cent salary growth over the next 12 months, 'India's Talent Takeoff — The GCC 4.0 Story' report by digital talent solutions provider NLB Services said.
«With India hosting over 55 per cent of the world's GCCs and projected to reach a market size of USD 110 billion by 2030, these centres have become critical nodes for organisations seeking agility, cost efficiency, and access to a vast talent pool. This growth trajectory is now translating into significant salary increases for employees, especially for specialised skills which are commanding higher premiums than ever before,» NLB Services CEO Sachin Alug said.
However, he said, despite this strong momentum, gender-based disparities still require attention, with women earning approximately 75-85 per cent of male salaries on average, a gap which further widens at senior positions, reflecting the limited representation in leadership roles.

«In Financial Services, we're witnessing a transitional shift, with roles like Risk Analysts, Compliance Associates, Senior Risk Managers, FRM Leads, Heads of Compliance, and Global Finance Directors, commanding salaries in the range of over Rs 6-90 LPA. Specialised skills in Risk and FRM are also yielding a 25' 40 per cent salary premium over