New Delhi, May 29 -- A large majority of Indian employees are planning to seek higher salaries over the next year, with only a small proportion expressing satisfaction with their current pay levels, according to a new survey by the Association of Chartered Certified Accountants (ACCA).

The report found that just 29% of Indian respondents are satisfied with their current salaries, significantly below the global average of 36%. At the same time, 81% of employees in India said they intend to ask their employers for a pay raise within the next 12 months.

The findings come amid persistent concerns over rising living costs, which continue to affect household budgets across the country.

According to the survey, the cost of living remains one ...