Factoring Inflation, Wages In India To Rise By Just 2 Percent: Report

New Delhi: Employees in India can expect to see their pay increase by an average of 11 percent in 2014, though after factoring in inflation, the rise would be just 2 percent, according to the latest Salary Trends survey by ECA International.

According to ECA International, a provider of knowledge, information and technology for the management and assignment of employees around the world, factoring in inflation, employees in Asia are likely to receive the biggest average increases in real terms.

"For the second year in a row, employees in India can expect to see their salaries increase by an average of 11 percent. While these are among the highest increases in the world they are only 2 percent above inflation forecasts for India next year," ECA International said.

Employees in mainland China look set to experience some of the highest wage rises in the region, both before and after inflation is factored in, the report said.

Chinese companies predict salary increases of 8 percent in 2014. Allowing for inflation, Chinese workers will see a 5 percent increase in real terms.

The biggest salary increases in Asia next year will be given by companies in Pakistan. They are forecasting 13 percent salary hikes for their staff in 2014 and with a predicted inflation of 8 percent, employees are also set to receive the second-highest 'real' increases in Asia after China.

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