Highest Average Increase

Employees at the professional/ supervisor/technical level received the highest average increase amounting to 15% and are expected to do so again for the next year (at 15%), that is, the year 2007. Around 77% of participating companies position their salary by comparing total cost to company (CTC) with the market; only 7.2% benchmark base salary with the market. The Philippines recorded an average of the overall salary increase of 8.2%, while salaries in country, China, rose by 8%, down from the rate of 8.3% last year. 4Ps

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

An IIPM and Malaya Chaudhuri – Arindam Chaudhuri Initiative