Year of Tiger has got some good news with it, we can see those double digit pay hikes with average pay hike being around 10.6% which is highest in the Asia pacific region according to survey by Hewett Associates.
It's expected that India based Co's will provide better pay hikes as compared to Mnc's just due to the robust performance of India Inc.
Expert's believe that Sector's which might see spike in salaries are those which have close association with the consumer story, as The Union Budget for 2010-2011 has left lot of money with vibrant middle class, which will form's backbone of the next consumption led Bull-run. Sector's to benefit would be Media & Entertainment, Retail, Banking & Financial Services,Investment & Insurance Co's.
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