The objective of the survey is to find out employee salary expectations. The results will be out in September 2012 and featured on Rediff.com.
The objective of the survey is to find out employee salary expectations. The results will be out in September 2012 and featured on Rediff.com.
As per location-specific salary trends, IT capital Bangalore tops the chart as the highest paying city in the country, with an average annual CTC paid for talent across all levels and functions at Rs 14.6 lakh.
Among the sectors, the survey has projected IT, pharma and life sciences, and ITeS among those looking to effect the highest increase in salaries.
The average salaries for vocational jobs have grown by 18% whereas engineering and MBA jobs rose only by 4% and 3% respectively.
According to ECA International, a provider of knowledge, information and technology for the management and assignment of employees around the world, factoring in inflation, employees in Asia are likely to receive the biggest average increases in real terms.
While salary growth may range from a marginally positive to stagnant or even negative, the increment for some of the "super-specialised" profiles can go beyond 15%.
Adapting to the new hybrid normal of remote and office work, cautiously optimistic corporate are looking to hire more people and provide better appraisals in the new year as they step out of the pandemic-ravaged 2020. The coronavirus pandemic emerged as the biggest inflection point for the Indian job landscape. For the corporates, work-from-home and remote workers became the new normal and for the professionals, online learning and digital skills took centrestage.
India is expected to see the highest salary increases among nations in the Asia-Pacific region, of around 10.8 per cent this year, due to the huge demand for talent in the country, despite the global economic crisis severely impacting overall wage increments in the region, a study says.
While money is among the key reasons why employees move to a new company, a strong company culture can also attract employees.
According to the latest Salary Trends survey by ECA International, the biggest pay rises in the region have been forecast in Pakistan where companies are anticipating 12 per cent rises on an average.
The 'Salary Survey 2015' was administered on 100,000 registered users on the website.
There has also been a shift from hiring freshers to those with two to five years' experience.
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