India Leads Asia-Pacific in Forecasted Salary Rises

India leads in forecasted salary rises across key Asia-Pacific nations with its projected average 10.3-percent increase the highest followed by China, where wages are seen growing by 9.3 percent, according to global staffing services company Aon Hewitt.

 

After India and China, the Philippines will post the next biggest wage rise of 7.2 percent this year, followed by Malaysia with 6.0 percent, Hong Kong with 4.8 percent, Singapore with 4.7 percent and Australia with 4.2 percent.

 

Japan is expected to give workers the lowest rise among Asia-Pacific nations of just 2.4 percent, the survey showed.

 

Globally the highest pay rises will be in inflation-hit Venezuela and Argentina where increases are seen in the mid-20 percent range.
 

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