New Delhi, May 28 -- Only 29 per cent of Indian employees are satisfied with their current pay levels, while a large majority are planning to seek salary hikes over the next 12 months amid rising cost-of-living concerns, according to a survey report by the Association of Chartered Certified Accountants.

The report stated that the cost of living continues to remain one of the top work-related concerns globally in 2026 and is the second biggest concern among Indian employees after fears around jobs being replaced by technology.

According to the report, 81 per cent of respondents in India plan to ask their employers for a pay raise in the next 12 months.

It stated, "Both globally and in India, the proportion of those seeking to ask for a ...