Indian employees to get highest pay hike in 2008

January 31st, 2008 2:43 pm by TheHumanBot

According to data compiled by global human resources consultancy firm ECA International, Indian employees are expected to get the biggest paycheck increase globally this year, primarily driven by inflationary situations associated with the robust economic growth in the country.

- ET

The story may not hold true for IT sector. Read: IT sector deflates, no more soaring salaries

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9 Responses to “Indian employees to get highest pay hike in 2008”

  1. 1
    Vladimir Putin Says:

    I hope Boss here will not take this literally and raise the salaries of the already overpaid government servants in this impoverish state.

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  2. 2
    H.Vangchhia Says:

    Ka van awih leh chiah lem lo ve le aw…A thu khi ka hre diklo emaw a nih ngawt loh chuan….India mi khawvel hausa ber tih ang kha a ni leh pek lo maw.

    Bangalore a mi, computer consultant, Chandran pawh kan thenawm ah tun ah hian nupui neiin nikum kum tawp atang khan a awm a…”hetiang lam hi kum 15 ka thawk tawh a US chu hlawh lam ah chuan a nuam hle mai”, a ti.

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  3. 3
    benjamin Says:

    Awih rawh. Pawisa value lamin a ni lo. A punna percentage zawngin a ni an chhut

    “Indians working with MNCs are slated to get the highest salary hike of about 14 per cent on an average across the world in 2008, as firms readily adopt measures to prevent their employees from jumping the ship. “

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  4. 4
    myself Says:

    eh!!

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  5. 5
    GirlNextDoor Says:

    “Indians working with MNCs are slated to get the highest salary hike of about 14 per cent on an average across the world in 2008, as firms readily adopt measures to prevent their employees from jumping the ship. “

    14% in MNCs? That’s pathetic. In the company where I’m working performance Reviews are done every quarter and based on the reviews salary increments are done every six months and never anything less than 15% hike.

    In a year, you should receive a minimum of 20% hike and that’s only decent enough.

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  6. 6
    benjamin Says:

    “14% in MNCs?” – It says “average”!

    15% every six months? 30% every year? year after year! What company is that? I wonder if that happens to people who already make 10 lakhs or more.

    I have got mine. Its more than the AVG (14%) but 1% below the max I expected.

    “In a year, you should receive a minimum of 20% hike and that’s only decent enough.”

    - well it depends! If one makes 2-4 lakha, 14% may not make much sense. but for those with heavy paycheck, it could still be a huge amount.

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  7. 7
    GirlNextDoor Says:

    Benjamin: I work in a software company with offices in US and I’m HR Head.

    Salary increments are calculated based on employee’s monthly salary. Percentage-wise, regardless of how much you earn. Yes, if you have a heavy Paycheck, its a huge amount.

    Please note: I didn’t say everybody gets his salary increased every six months, I said everybody has a chance to get his salary increased every six months, based on quarterly performance reviews.

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  8. 8
    benjamin Says:

    ” a chance” sounds fair enough. btw, see BW Salary Survey 2008

    http://www.businessworld.in/content/view/3488/3586

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  9. 9
    ÑËÎÌ ÄÅÌÎÍÒÀÆ Says:

    ÄÅÌÎÍÒÀÆ È ÂÛÂÎÇ ÌÓÑÎÐÀ…

    minny…

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