What is average merit increase in China and India for 2006 employee performance?
Asia’s markets have demonstrated further growth in the last year, which has impacted salaries throughout the region. This year, India once again reported the highest average salary increase at 13.9%, and employees in the Indian IT-enabled industry received the highest increase across all five groups surveyed at 17.9%. The Philippines recorded an impressive average overall salary increase of 8.2%, which was closely followed by China at 8.1%.