Page 3 - Salary Packages

India to see 10% salary increase in 2020, highest in Asia Pacific: Report

As the economy continues to falter, salaries in India are projected to rise 10 per cent in 2020, says a report. In 2019, the effective wage increase was 9.9 per cent which is projected to touch 10 per cent next year. While salary increases are stabilising around the 10 per cent mark, they remain the highest in the Asia Pacific region, according to the Salary Budget Planning report released by Willis Towers Watson. Indonesia is projected at 8 per cent, China at 6.5 per cent, Philippines at 6 per cent, Hong Kong and Singapore both at 4 per cent. "Though salary increases in India continue to be among the highest in the region, companies are taking a cautious approach and do not intend to make any significant changes from previous years," Willis Towers Watson India consulting leader (talent & rewards), Rajul Mathur, said. Companies are beginning to make selective skill-based compensation adjustments to cater to requirements around automation and digitisation, he ...

Surprise! India has the third highest expat salary packages in Asia

Japan tops the list with average expatriate pay package provided by companies to mid-level employees at $386,451 a year

Average salary offer at IIM Shillong jumps 8.3% to Rs 16.79 lakh

Top offers comes from Cognizant, Deloitte USI, ICICI Bank, JP Morgan & Chase and Tata Steel; Consulting & Strategy most sought-after domain

AI, big data and analytics skills command 50-100% premium in pay packages

Over the past year, there has been almost 50% hike in the salaries of such talent

Bangalore tops as the highest paying city, standing at Rs 1.08 mn: Report

Chennai (Rs 0.8 million), Hyderabad (Rs 0.79 million) and Kolkata (Rs 0.72 million) are the other three Indian cities paying the highest average salaries to professionals

Jobs galore at engineering colleges, pay offers up 15%; highest at Rs 39L

Tech institutes beat economic slowdown; salary packages up 10-15%