Only 2% real wage rise in India
While employees in India may expect an average of 11 percent raise, the latest salary trends survey by ECA International reveals that the real rise after factoring in inflation will only be 2% in 2014. The survey also states that real rise in wages will be the biggest for employees in Asia compared to the rest of the world. Employees in mainland China will see the biggest rise in wages both before and after factoring in inflation.
While employees in India may expect an average of 11 percent raise, the latest salary trends survey by ECA International reveals that the real rise after factoring in inflation will only be 2% in 2014. The survey also states that real rise in wages will be the biggest for employees in Asia compared to the rest of the world. Employees in mainland China will see the biggest rise in wages both before and after factoring in inflation.
Read the Economic Times news report here.
