A survey by Willis Towers Watson report that salaries in India are projected to increase an average of 6.4% this year which is equivalent to a median increase of 7%. Comparing the forecasted salary increase in the key markets in Asia Pacific this year, it shows Indonesia at 6.5%, China at 6%, Philippines at 5%, Singapore at 3.5%, and Hong Kong at 3%. Of the Indian companies surveyed, 37% see a positive business revenue outlook in the next 12 months. However, recruitment is yet to improve with only 10% of the organizations in India plan to hire new employees compared to 14% in the previous quarter.
