Companies Embracing new normal, corporates set to step up hiring, appraisals in 2021 Updated : December 22, 2020 01:04 PM IST As many as 87 percent of companies plan to give salary increases in 2021 compared to 71 percent in 2020. The latest Salary Trends Survey in India also noted that companies in India will give an average pay hike of 7.3 per cent in 2021.