Infrastructure and essential services, as well as the IT/ITES industry - sectors that largely employ skilled labour and knowledge workers - are expected to raise salaries. The raise is expected between 7.5% - 15%; Manufacturing industries and traditional services sector business (except for Retail), that mostly employ relatively less skilled / semi-skilled workforce, are not likely to increment payouts; Salary realization is a felt need and the industry would continue to take baby steps towards being more generous in rewarding talent during 2010.
Thursday, March 11, 2010
Temporary staffing industry to grow by 18% over the next one year, while temp salary hikes likely to stay in single digits: TeamLease Study
Infrastructure and essential services, as well as the IT/ITES industry - sectors that largely employ skilled labour and knowledge workers - are expected to raise salaries. The raise is expected between 7.5% - 15%; Manufacturing industries and traditional services sector business (except for Retail), that mostly employ relatively less skilled / semi-skilled workforce, are not likely to increment payouts; Salary realization is a felt need and the industry would continue to take baby steps towards being more generous in rewarding talent during 2010.
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