Professional Documents
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Recession
Recession
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As per a survey of 480 Indian companies over
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December 2008 and January 2009 conducted by hr
consultancy firm Hewitt - despite the economic
slowdown, a majority of Indian companies are still
hiring employees. Here are some interesting revelations
6here is of this survey
[ Average salary hike in India in 2009 will be 8.2% (the
recession? ± As highest in the Asia pacific region however first time in
per Hewitt six years that India is likely to see single-digit salary
increases)
survey report [ Projected salary hike is lower than the increase of
Indian companies 13.3% seen in 2008
[ Phe hike higher than china (8%) USA (3.2%) and Japan
are increasing (2.3%)
salaries at highest [ Sectors expected to see the highest raises are ] CG,
durables and telecom.
rate in Asia [ Healthcare is sector that is doing well globally and in
India. In 2008, hospitals had awarded the lowest salary
increases but have been placed among the top five
sectors for 2009.