India tops salary hike in Asia: Hewitt
NEW DELHI: Average salary increase in India in 2005 is the highest in Asia, and this trend will continue in 2006, said HR consultancy firm Hewitt Associates in its annual study. In 2004 too, Indian companies were on top in terms of salary increase in Asia.
In 2005, the average increase in salary of employees of Indian companies was 13.9%. Employees in the IT-enabled sector received the highest hike at 17.9%.
Philippines recorded an average salary increase of 8.2%, followed by China at 8.1% and Thailand at 6.3%.
More: timesofindia.indiatimes.com
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India leads Asia-Pacific wage increases
SINGAPORE, Nov. 26 (UPI) -- India reports the highest average salary increase at 13.9 percent and information technology workers received the highest increase at 17.9 percent.
The annual Asia-Pacific Salary Increase Survey, conducted by Hewitt Associates, polled more than 1,500 foreign firms in Australia, China, Hong Kong, India, Japan, South Korea, Malaysia, the Philippines, Singapore, Taiwan and Thailand, reported Xinhua, China's main government-run news agency.
The average overall salary increase ranged from 3.4 percent to 4.3 percent surveyed for 2005, and from 4 percent to 4.3 percent for 2006.
The Philippines recorded an average overall salary
Toll in South Asia cold wave tops 230
Dense fog blanketed northern India on Tuesday, and civic authorities lit bonfires in some cities to keep people from freezing as the death toll from a cold wave in South Asia rose to more than 230 people, officials said.
Many of the deaths in India, Bangladesh and Pakistan came from exposure or fevers and pneumonia contracted during the cold spell, officials said.
"Bonfires are the only solace for us," said Sukhai Ram, 30, a laborer in the northern Indian city of Lucknow. Wrapped in a filthy blanket, he had spent the night with dozens
Novell says head of Asia-Pacific business resigns
Software company Novell (NOVL.O: Quote, Profile, Research) on Thursday said William Hewitt has resigned his position as president of Novell Asia-Pacific for personal reasons.
The company said his duties will be temporarily assumed by Rhonda ODonnell, the former president of Novell Asia-Pacific who currently serves as non-executive chair for Novell Asia-Pacific.
Hewitt was appointed to the position in March 2006.
More : today.reuters.com
Abhishek voted sexiest man in Asia
Abhishek Bachchan tops a list of 50 Sexiest Asian Men in a survey conducted by Eastern Eye, an Asian newspaper in Britain.
Abhishek, who was spotted on number three in last years poll, was shocked to hear he had topped the ranking in Eastern Eyes Sexiest Asian Men of 2006.
Oh God really? Thats interesting. Shocking actually. Are people blind? But wow, I would like to thank everyone. I dont agree with them but it is sweet, said Abhishek in a statement.
Source : hindustantimes.com
Mergers and acquisitions forecast to rise in Asia-Pacific region
Merger and acquisition (M&A) activity is poised to rise in the Asia-Pacific region during the next few years, but companies are not paying enough attention to human-resource issues, according to a study reported Monday.
Leadership assessment and cultural fit are being neglected in favour of short-term objectives during due diligence, said Hewitt Associates.
Human-resource factors hold risks to ultimate success, said the Mergers and Acquisitions Asia-Pacific Study 2006, published in The Business Times in Singapore.
More : news.monstersandcritics.com
