The country's wage earners are likely to see 9.2 percent growth in salaries by 2020. However, leading consultancy firm Korn Ferry estimates that inflation calculations are actually only 5 per cent. A report titled Global Salary Forecast has been released. According to the company, the growth in salaries of 10 per cent of the country last year is expected to be 9.2 per cent. The inflation figure, however, was only five per cent. This is the highest in Asia, according to its report. Karn Ferry India Chairman and Regional Managing Director Navneet Singh said:
Salaries will rise 9.2 percent, but With inflation the real salary is lower...
The country's wage earners are likely to see 9.2 percent growth in salaries by 2020. However, leading consultancy firm Korn Ferry estimates that inflation calculations are actually only 5 per cent. A report titled Global Salary Forecast has been released. According to the company, the growth in salaries of 10 per cent of the country last year is expected to be 9.2 per cent. The inflation figure, however, was only five per cent. This is the highest in Asia, according to its report. Karn Ferry India Chairman and Regional Managing Director Navneet Singh said:
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