"Appraisals this year will not be a joyful event for most sectors" - that's the word coming from Aon Hewitt Consulting. According their survey, the average pay hikes have dropped to 9.5% from 10.6% last year. Speaking exclusively to ET NOW's Gaurang Sinha, Anandorup Ghose of Aon Hewitt says that the reduction in hikes are due to the uncertainties in the economy, the only bright spot perhaps being the consumer internet firms. Listen in.