Indians to get highest salary hikes

Indians working with MNCs are expected to get the highest salary hike of about 14 percent on an average across the world in 2008.

According to ECA International's Salary Trends Survey 2007-08, Indian employees working with MNCs are forecast to receive an average hike of 14 per cent, the highest across the world, and up from 12.6 per cent in 2007.

India is followed by Argentina (12.7 per cent), Indonesia (11.3 per cent) and Russia (11 per cent).

The top ten countries globally in terms of expected salary rise include five Asian nations, India, Indonesia, Vietnam, China and the Philippines.

In contrast, companies in the developed countries such as Switzerland, Japan, France, Austria and Germany would dole out lowest salary hikes this year.