[ppi] [ppiindia] Gaji naik, karyawan pindah juga

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Date:09/11/2004 URL:
http://www.thehindubusinessline.com/2004/11/09/stories/2004110901830700.htm

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Salaries rise; so does job-hopping 
Our Bureau 



Bangalore , Nov. 8 

IN the last 10 months, Indian industry demonstrated
the highest average salary increase and the highest
attrition rate in the Asia-Pacific region. And the
positive outlook in salary increases in 2004 will
continue in the coming year. 

According to findings by the Annual Asia Pacific
Salary Increase Survey conducted by Hewitt Associates,
Indian IT industry witnessed an average salary
increase at 14.5 per cent and 89 per cent of the
companies linked salary increases to performance
ratings. None of the 68 companies in the country that
participated in the survey predicted chances of any
pay freeze in the coming year. These companies were
from the IT, engineering, chemicals, banking,
financial services and the construction industries. 

The survey also revealed that the country experienced
the highest attrition rate at 15.4 cent. 

During the year, employees in China continued to enjoy
a salary increase of 8.4 per cent, in the Philippines
it was 7.7 per cent and in Korea the average salary
increase was 6.8 per cent. The US demonstrated a
record low in salary increase, but companies are
expecting to improve the figures in the coming year. 

According to Mr Nishchae Suri, Hewitt's Asia-Pacific
Business Head for Talent and Organisation Analytics
Consulting, " 

"Higher levels of attrition in Asia have resulted in
increased pressure on organisations to retain key
talent. Today, HR practitioners are taking more
focussed initiatives by developing cohesive and
meaningful HR retention programmes." 








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