India reports highest hike in salaries at 13.8%

[OhioChick]

November 30, 2006 14:59 IST

India has once again reported the highest average salary increase in Asia at 13.8 per cent in 2006, as compared to 14.1 per cent last year, says the 7th annual Asia-Pacific Salary Increase Survey conducted by Hewitt Associates.

The study says that the Asian markets have maintained steady growth in the last year, which has led to a stabilisation of salary increases in most markets during 2006. Though employers are reporting pay increases, the hikes are modest in comparison to previous years, and this trend looks set to continue in 2007.

Hewitt surveyed more than 1,400 foreign, locally owned, and joint-venture companies. The survey covered 11 markets: India, Australia, China, Hong Kong, Japan, Korea, Malaysia, the Philippines, Singapore, Taiwan, and Thailand.

More: http://www.rediff.com/money/2006/nov/30salary.htm

Wow....salary hikes and bonuses....what are those? All I've seen are pay cuts. :grr:

[wakeme2008]

1. They are fighting for IT and other English speaking ppl

:shrug:

[brokensymmetry]

2. India's government cares about their people.

As for Dumbya, he's made it clear he despises us. So
India's people prosper as ours languish.

Something to think about as we approach 2008.