Highest average salary increase in India: Report
According to the India Salary Guide 2006 employees in the IT-enabled industry received the highest increase at 17.9 per cent.india Updated: Jun 26, 2006 21:16 IST
India reported the highest average salary increase at 13.9 per cent, and employees in the Indian IT-enabled industry received the highest increase at 17.9 per cent, according to the India Salary Guide 2006 released by Kelly Services.
Kelly Services is a global provider of staffing services and solutions.
"This increase is of no surprise and is the highest in India compared to rest of the Asia region since there has been heavy investment in India from global companies," said Achal Khanna, Country General Manager, Kelly Services for India.
She said India still maintains the competitive advantage for providing the combination of the most cost-effective and high quality manpower.
According to the guide, which gives an insight of current trend in the salaries structure in various industries and organisations, brisk recruitment by organisations will continue for the rest of 2006 but there is increasingly unmatched demand for emerging skill sets.
IT, ITeS, telecom and pharma are leading the pack when it comes to high salaries and instant job offers going through.
It said with a major boost in construction and manufacturing, high automobile sales, and higher consumer spending, the overall recruitment outlook has been very encouraging, and this has been reflected in the salaries and demand for talent.