Think HR Think CHRM
Sunday - 22 Sep 2019

CHRMGlobal.com on LinkedIn
Username : Password: Forgot Password?
Updates
Updates
India's Rising Employee Cost
Human Resources » Compensation & Benefits


Chrm Message From: rehaan Total Posts: 69 Join Date: 30/10/2006
Rank: Manager Post Date: 22/12/2006 00:52:08 Points: 345 Location: India

Dear Colleagues,

With too much of hype being created on the compensation benchmarking, salary survey & salary structure development making the rounds, this article "India's rising employee cost" comes as a creative input for the fraternity to keep themselves upgraded.

Salaries across Corporate India are on an upswing. It’s a reason to celebrate. But before you raise a toast, reflect on the fact that the globalisation of salaries and the repricing of the educated Indian middle class also means that India’s much talked about cost arbitrage in white-collared jobs and the services sector could be vanishing.

Sample some projections of salary trends . Mercer Human Resource Consulting and Hewitt Associates have predicted that India will experience one of the sharpest salary hikes in the world next year. An Assocham survey of universities says that starting salaries for new recruits have risen four-fold between ’00 and ’04.

A survey of technical professionals working with a global IT company shows that the annual salary gap between equivalent employees working in India and Singapore has narrowed down to around $10,000.

Read the remaining article at http://economictimes.indiatimes.com/articleshow/1286374.cms

Regards

Rehaan

Chrm Message From: tanvi.mankodi Total Posts: 2 Join Date: 30/10/2006  
Rank: Beginner Post Date: 17/01/2011 03:55:10 Points: 10 Location: India
The exhorbitant salaries offered by some compnaies make it an imbalanced salary ratio...not all companies can afford such salaries for all positions..and the jobs given to them also dont justify the remuneration given to them
 
Events
 
Related Discussion
10 Steps In Employee Surv
Employee Relations (Peer
Manufacturing Sector in I
Best practices in employe
How Employee Reviews Happ
Recruiting in India
MBA Recommendation in Ind
Termination of an Employe
Premier Business Schools
Employee Retention & Bond
 
Related Articles
OD Interventions - Case S
HR in India Is it still
Employee Benefits
Employee Motivation Messa
Employee Counseling : Are
Human Resources in India
Induction of a New Employ
Employee Negativity
Power of Employee Suggest
Dan's Law of Rising Moral