India leads Asia-Pacific wage increases
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 increase of 8.2 percent, followed by China at 8.1 percent. In Thailand, employees enjoyed average salary increases of 6.3 percent, while Malaysia’s salary increase budget ranged from 5.4 percent to 6.1 percent.
More: upi.com
