Wednesday, February 20, 2008

Latest News: Indian salary hikes up to 15%

Indian salaries rose an average 15.1 per cent in 2007 with the highest increase coming from the real estate sector, according to a survey conducted by human resources firm Hewitt Associates.

The momentum is expected to continue in 2008, rising about 15.2 percent, but will temper to stabilize at 9-10 percent by 2012, Hewitt said in a statement released late on Tuesday.

"The struggle for talent and sustainability is large and rapidly growing in India," Hewitt said.

"Employees are increasingly looking for great career opportunities and are actively being pursued by other organizations offering extremely attractive opportunities and packages," the company said.

However, Hewitt forecasts a shortage of people with specialist and technical skills and a lacuna in leadership talent in India.

Although this news affected me but my salary didn't being affected...LOL! Hey guys what you think are you coming under the same category whose salary rose upto 15% ?!

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