And the big news is that salary hikes in India and China(at all management levels) is outstripping raises in ‘developed’ markets like Singapore and Japan. Countries like Japan, Taiwan, South Korea and Malaysia are likely to enjoy real wage increases ranging between 2% and 3.5%. Well, these fat pay cheques definitely come as a part & parcel of the stupendous economic performance of India, which continues to get better.

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Source : IIPM Editorial, 2007

An IIPM and Malaya Chaudhuri – Arindam Chaudhuri Initiative