Thursday, February 08, 2007

2007 sees highest salary hike in India: Study

The survey, conducted annually by ECA International establishes actual and predicted salary increases in local markets around the world. It is used by multinational organisations to help them determine future wage increases at home and in other markets.



It is good news for Asians as ‘real’ salary increases are forecast to be 50% higher in 2007 than in 2006, and are well above the global average, according to ECA International’s Salary Trends Survey 2006/2007.




Real salary increases is defined as a worker’s actual annual salary increase after inflation is taken into account


Out of the 45 countries included in the survey, the five highest real wage increases for 2007 are all expected to occur in Asia. Indian workers are set to receive the highest increases, with companies forecasting annual salary increases of 12%, resulting in real wage increases of 7% once inflation has been taken into consideration.

The talent shortage in many Asian economies is most manifest at senior management levels, so it is at this level where the most significant salary increases are occurring, leading to a widening gap between junior and senior management salaries in some locations.
An interesting trend-is that organisations are also strengthening their reward management practices and focusing on pay-for-performance.
Has India begun to shed the tag of a source of cheap labour?

4 comments:

ghkj said...

I would gold für wow cultivate courage.buy wow gold “Nothing is so mild wow gold cheap and gentle as courage, nothing so cruel and pitiless as cowardice,” syas a wise author. We too often borrow trouble, and anticipate that may never appear.”wow gold kaufen The fear of ill exceeds the ill we fear.” Dangers will arise in any career, but presence of mind will often conquer the worst of them. Be prepared for any fate, and there is no harm to be freared. If I were a boy again, I would look on the cheerful side. life is very much like a mirror:sell wow gold if you smile upon it,maple mesos I smiles back upon you; but if you frown and look doubtful on it,cheap maplestory mesos you will get a similar look in return. Inner sunshine warms not only the heart of the owner,world of warcraft power leveling but of all that come in contact with it. “ who shuts love out ,in turn shall be shut out from love.” If I were a boy again, I would school myself to say no more often.billig wow gold I might cheap mesos write pages maple meso on the importance of learning very early in life to gain that point where a young boy can stand erect, and decline doing an unworthy act because it is unworthy.wow powerleveling If I were a boy again, I would demand of myself more courtesy towards my companions and friends,wow leveling and indeed towards strangers as well.Maple Story Account The smallest courtesies along the rough roads of life are wow powerleveln like the little birds that sing to us all winter long, and make that season of ice and snow more endurable. Finally,maple story powerleveling instead of trying hard to be happy

Anonymous said...

ugg bootsTHE SNOW wholesale ugg bootsSTARTED TO FALLWholesale handbags SEVERAL HOURS wholesale clothingBEFORE HER laborWholesale jewelry began.wholesale clothing A few flakes wholesale handbagsfirst, wholesale furniturein the dull Furniture Wholesalegray late-afternoon Wholesale jewelrysky,Ceramic tileand then Micro sd cardswind-driven swirls Wholesale clothingand eddies Wholesale Jewelryaround the edges Wholesale fashion jewelryof their wide Wholesale costume jewelryfront porch. ugg bootsHe stood by her wholesaleside at the windowwholesale electronics, watching sharp gusts of snow billow,skin care products
then swirl and drift to the ground. All around the neighborhood, lights came on, and the naked branches of the trees turned white.

Anonymous said...

ugg bootsOutside,uggs snow continuedHigh pressure blower to fall quietly throughIndustrial fan the darkness, Industrial bloweras bright and thick Commercial bloweras static in the wholesalecones of light castchina wholesale by the streetlights.wholesale shoes By the time he rosewholesale clothing and looked out watchesthe window, pressure blowertheir car had become a soft white hill on the edge pressure blowersof the street.fans Already his footprints blowers
in the Replica watchesdriveway had filledwatches and Replica WatchesdisappearedRolex Watches.

Anonymous said...

wholesaleShe looked up, wholesale atvsmiling, wedding dresseswhen he tuckedMP3 player
the blanketwholesale mp3 around her legs.Wholesale Mp4
"You know,digital camera wholesale I've been wondering consumer electronicswhat it's like,"mp5 player she said. memory cards"Before we're born,Car video players I mean. It's too bad we can't remember." gps devicesShe opened her robe and pulled up the bluetooth headsetsweater she wore underneath, revealing a Mp3 Wholesalebelly as round and hard asMp3 Wholesale a melon. Mp4 WholesaleShe ran her hand across its smooth surface, Mp4 Wholesalefirelight playing across her skin, casting reddish gold onto her hair.