News: Gaping pay differentials in Asia Pacific: Towers Watson Survey

Compensation & Benefits

Gaping pay differentials in Asia Pacific: Towers Watson Survey

Gaping pay differentials across the spectrum of job levels reflect workforce imbalances and pressure for talent in the Asia Pacific region. However, depending on location, skilled labour at low cost is available to potential employers, according to new research by professional services company Towers Watson (NYSE, NASDAQ: TW). The Asia Pacific section of Towers Watson’s 2013/2014 Global 50 Remuneration Planning Report shows a widening disparity in pay levels particularly between the middle management and CEO in 13 of the Asia Pacific’s key developed and developing economies.

Gaping pay differentials across the spectrum of job levels reflect workforce imbalances and pressure for talent in the Asia Pacific region. However, depending on location, skilled labour at low cost is available to potential employers, according to new research by professional services company Towers Watson (NYSE, NASDAQ: TW). The Asia Pacific section of Towers Watson’s 2013/2014 Global 50 Remuneration Planning Report shows a widening disparity in pay levels particularly between the middle management and CEO in 13 of the Asia Pacific’s key developed and developing economies.

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Topics: Compensation & Benefits, #Current, #International, #TotalRewards

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