India Inc's salary rises by 40 per cent!

Follow Prabhjot Bedi on Twitter According to an Assocham study based on third quarter results of FY07 of 160 companies, India Inc's payout in salaries rose by 40 per cent.

The findings show that the wage cost of the firms engaged in the services sector went up by 60 pc at the end of third quarter of FY07 compared to the same period last year.

Media and entertainment sector topped the list with an increase of 184 pc followed by real estate (171 per cent) infrastructure (156 per cent), hotels (107 per cent), IT (57 per cent) and finance (56 per cent).


hotels (107 per cent)

I'm listing that again so you know how much to ask the next time you walk into your boss' office!!


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