Indians get highest average salary hike at 13.9 pc

Bangalore, June 26 (UNI) India has reported the highest average salary increase at 13.9 per cent and employees in the IT-enabled Services industry received the highest hike of 17.9 per cent, according to a Salary Guide brought out by Kelly Services India.

''This increase is of no surprise and is the highest in the Asia region since there has been heavy investment in India from global companies,'' Kelly Services Country General Manager Achal Khanna said in a release here today.

She said India continued to maintain its competitive advantage for providing a combination of the most cost-effective and high quality manpower. ''Given the current economic climate, companies need to pay added attention to their existing salary packages and compensation benefits because it will make a key difference in retaining good talent,'' she added.

Kelly Services' 2006 Salary Guide studied 140 positions from entry-level to senior ones. The guide visited traditional mainstay sectors like banking, call centre, engineering and technical, finance, human resources, information technology, logistics and warehousing, office support and Sales/Marketing/Advertising.

Ms Khanna commented that the survey acted as a good barometer for both employees and employers about where the job prospects were in India in the coming months. As a leading staffing services company in the country, Kellys was able to source information from key human resources decision makers and uncover these trends.

The guide, claimed to be the first of its kind, gave a complete insight of current trend in the salaries structure in various industries and organisations.

Kellys said brisk recruitment by organisations would continue for the rest of 2006, but there was increasingly unmatched demand for emerging skillsets.

Based on the information and trend data collected from specialised operation units, and experience from dealing with clients, both local and MNCs, Kellys said that with a major boost in construction and manufacturing, high automobiles sales and higher consumer spending, the overall recruitment outlook was encouraging.

This was reflected in the salaries and demand for talent.

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