Salaries in India to hike nearly 10.8% this year, highest in Asia-Pacific

According to 2015-16 Asia Pacific Salary Budget Planning report by Towers Watson, Indian companies are expected to offer their employees an average salary raise of 10.8 per cent this year.

As report revealed, this is the most astounding in the Asia Pacific.

India is plainly the leader with a 10.8 per cent average salary increase, followed by Indonesia, China and Philippines with 9.5 per cent, 8.6 per cent and 6.7 per cent respectively.

The review noticed that over all industries in India, very nearly 87 per cent of respondents plan to allocate a bigger portion of their financial plan to superior performers.

The overview was led in February 2015. Nearly 2,000 reactions were gotten from organizations over 19 nations in the Asia Pacific.