Employees in India are expected to see a salary hike of 12.9 per cent this year, among the highest in the world, as industries are benefiting from the country's robust economic growth, according to Aon Hewitt.
Led by engineering services sector, the projected jump of 12.9 per cent in salaries for this year is higher than the actual increase of 11.7 per cent seen in 2010
Global HR consultancy group Aon Hewitt today said India is likely to see the highest pay hike in the Asia-Pacific region, followed by China (9 per cent) and Philippines (7 per cent).
"India's salary rise would also be among the highest in the world... companies are growing fast and demand is rising due to good economic growth," Aon Hewitt's India Practice Leader
Led by engineering services sector, the projected jump of 12.9 per cent in salaries for this year is higher than the actual increase of 11.7 per cent seen in 2010
Global HR consultancy group Aon Hewitt today said India is likely to see the highest pay hike in the Asia-Pacific region, followed by China (9 per cent) and Philippines (7 per cent).
"India's salary rise would also be among the highest in the world... companies are growing fast and demand is rising due to good economic growth," Aon Hewitt's India Practice Leader
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