Staffing services major TeamLease has said that the salaries are expected to increase 12 per cent across industries and functions this year.

The company also said that there will be an increase in the hiring activity in the coming few months. The TeamLease' Salary Primer for 2013, showed that the hiring activity and the salaries across sectors are expected to rise in the coming months.

The company conducted a study including staff working across 318 different job profiles, 15 industries and eight functional domains in nine major locations in India and found that hiring has increased 11 per cent and the salaries are expected to be increased by 12 per cent across industries and functions by the employers in the country.

TeamLease Services Sr. V-P & Co-founder Sangeeta Lala said, "The headwinds of global change, blowing hot and cold, have only so much as reshaped the contours of the Indian labour markets for the better."

The company hinted that the Indian market is seeing the creation of a balance between skills and increment and the attrition rate has also cone under control, resulting in a matured jobs market in the Asia's third largest economy. It also noted that the gap between permanent and temporary salaries has been reduced to negligible levels in the country.