Please Share::
Employees in India are expected to see a 10.8 per cent salary hike in 2015, even as pay increases across Asia Pacific region are set to rise by an average 7 per cent in the coming year, says a report.
As per the Towers Watson 2014-15 Asia-Pacific salary budget planning report, which included 2,900 sets of responses received from over 300 different companies across a range of industry sectors and job grades from 20 countries, said Pakistan, Bangladesh and Vietnam are set to lead the way with over 11% overall salary increases while India is placed at No.4 with an increase of 10.8%. However, a corresponding rise in inflation in the region implies that pay increases in 'real terms' will be eroded in the coming year, the report added.
As per the report, China rises to the top with a real salary increase of 5.2% after allowing for inflation, trailed by Pakistan (4.5%), Bangladesh (4.3%), Vietnam (4.1%) and Sri Lanka (3.8%). India drops down by two places to No.6 with a corresponding real increase of 3.5%.
�� India Equity Research Reports, IPO and Stock News Visit http://indiaer.blogspot.com/ for complete details ��
Employees in India are expected to see a 10.8 per cent salary hike in 2015, even as pay increases across Asia Pacific region are set to rise by an average 7 per cent in the coming year, says a report.
As per the Towers Watson 2014-15 Asia-Pacific salary budget planning report, which included 2,900 sets of responses received from over 300 different companies across a range of industry sectors and job grades from 20 countries, said Pakistan, Bangladesh and Vietnam are set to lead the way with over 11% overall salary increases while India is placed at No.4 with an increase of 10.8%. However, a corresponding rise in inflation in the region implies that pay increases in 'real terms' will be eroded in the coming year, the report added.
As per the report, China rises to the top with a real salary increase of 5.2% after allowing for inflation, trailed by Pakistan (4.5%), Bangladesh (4.3%), Vietnam (4.1%) and Sri Lanka (3.8%). India drops down by two places to No.6 with a corresponding real increase of 3.5%.
�� India Equity Research Reports, IPO and Stock News Visit http://indiaer.blogspot.com/ for complete details ��