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.
According to the latest Salary Trends survey by ECA International, the biggest pay rises in the region have been forecast in Pakistan where companies are anticipating 12 per cent rises on an average.
While prices are rising just about everyday in Indian cities, they are nothing compared to some places.
Let's take a look at 20 most expensive cities for foreigners in the world.
Let's take a look at some of the most expensive cities for foreign workforce.
Let's take a look at luxury rentals across the world, including India.
Japanese cities continue to dominate the most expensive cities' list for expatriates.
India is expected to see the highest salary increases among nations in the Asia-Pacific region, of around 10.8 per cent this year, due to the huge demand for talent in the country, despite the global economic crisis severely impacting overall wage increments in the region, a study says.
According to a report by Hong Kong-based human resources consultancy major ECA International released on Wednesday, Mumbai has recorded second highest annual growth of 21 per cent in residential rental after 33 per cent for Singapore in 2007. Mumbai has now become Asia's third and the world's sixth most expensive location to rent a three-bedroom apartment. This makes it costlier than places like Seoul, Singapore, Paris, Shanghai, Dubai, Beijing, St Petersburg and Amsterdam.
Economic development and foreign investment has helped five major Indian cities -- Chennai, New Delhi, Mumbai, Bangalore and Kolkata -- move up on their global rankings in terms of living standards, a latest study shows.
Employees in India will see their salaries increase by an average of 10.9 per cent in 2015, but high inflation will end up eroding much of their wages, says a report.
What are your views on salary hike in India? Do you agree with ECA's survey? Are you happy with the salary hike you get? Tell us
The year 2007 promises to be a harbinger of higher salary for Indians, as wage increments are predicted to be the highest in the world, says a survey.
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