Home / Knowledge / News / Apparel/Garments / E-commerce sector reports highest increment at 12.5%
E-commerce sector reports highest increment at 12.5%
Apr '17
The booming e-commerce sector of India recorded the highest increment in salary at 12.5 per cent, according to a recent report. The voluntary attrition rate for the sector was also the highest at 20.4 per cent, while the same across sectors was 13.4 per cent. Projected increment for the year 2017-18 is 9.7 per cent, 0.6 per cent less than that for 2016-17.

The average projected variable pay is 15.4 per cent across sector, close to 0.4 per cent more than the pay in 2016-17, says the KPMG Annual Compensation Trends Survey. The report also says that the logistics sector witnessed the lowest increment at 8.1 per cent.

The top three reasons reported for attrition are better pay elsewhere (28.1 per cent), better career opportunity (23.4 per cent) and personal reasons such as marriage, relocation and health (19.6 per cent).

The report has also identified top three compensation levers for talent retention. These are performance-based variable pay (19.7 per cent), recognition awards (13.1 per cent) and retention bonus (11.8 per cent).

Top Compensation levers for attracting talent are attractive benefits offerings (26.3 per cent), guaranteed incentives and variable pay (19.4 per cent) and referral benefits and awards (16.6 per cent), as per the survey.

KPMG surveyed 263 organisations from 19 different sectors for the report. It was carried out to understand a wide range of current and emerging compensation trends in organisations across India. (KD)

Fibre2Fashion News Desk – India

Must ReadView All

Pic: Shutterstock

Apparel/Garments | On 27th Nov 2020

Bangla RMG units to get loans for COVID safety measures

Bangladeshi garment units will get low-cost funds up to Tk 30 crore...

Pic: Shutterstock

Retail | On 27th Nov 2020

Macy’s Q3 FY20 digital sales grow 27%

Macy’s, a US-based premier omni-channel fashion retailer, reported...

Pic: Shutterstock

Retail | On 27th Nov 2020

L Brands names Martin Waters CEO of Victoria’s Secret

L Brands has announced several key leadership appointments at...

Interviews View All

Sunil Rathore, Lacoste India

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Spokesperson, Hugo Boss

Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Ghanshyam Ghoghari, Kimora Fashion

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Arup Chakraborty,

Arup Chakraborty

Mirrorsize is a US-based start-up that provides artificial intelligence...

Anurag Mohota,

Anurag Mohota

Located in the heart of cotton growing belt of India, Gimatex is a...

Laxmikant Rathi,

Laxmikant Rathi

With more than 60 years of experience in the textile industry, Ideal...

Johann-Philipp Dilo, Dilo Group

Johann-Philipp Dilo
Dilo Group

German company Dilo Group is one of the leading equipment suppliers of...

Suresh Patel, Non Woven Federation of India

Suresh Patel
Non Woven Federation of India

The Non Woven Federation of India (NWFI), representing the regional...

Kevin Nelson, TissueGen

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Chandani Sahi, By Chandani

Chandani Sahi
By Chandani

By Chandani is a womenswear prêt couture brand with fusion silhouettes by...

Suman Nathwani, Suman Nathwani

Suman Nathwani
Suman Nathwani

<span style="font-size: 12px;">Designer Suman Nathwani talks about her...

Varsha Wadhwa, VW

Varsha Wadhwa

Coming from a family that ran a business of jute and linen mills since...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

November 2020

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

Advanced Search