|
The Salary |
|||
% of last Hike |
Percentage of Employees-2005 |
Percentage of Employees-2006 |
Percentage of Employees-2007 |
|
Below 10 % |
18.0 |
13.4 |
14.4 |
|
11 – 15 % |
22.0 |
22 |
24.3 |
|
16 – 20 % |
16.0 |
16.9 |
15.9 |
|
21 – 25 % |
11.0 |
9.1 |
10.5 |
|
26 – 30 % |
5.0 |
6.9 |
8.3 |
|
31 – 35 % |
10.0 |
12.9 |
3.8 |
|
36 – 40 % |
2.5 |
||
|
Above 40 % |
5.1 |
||
|
Not specified |
17.0 |
18.8 |
15.3 |
|
Average |
18.0 |
19.8 |
19.3 |
| Base: 2,806 respondents to the DQ-IDC Best Employer Survey 2007 |
|||
| There was a drop in those getting 31-35% hike, but the average salary hike increased a bit from 18.2% to 18.7%. This is distinct from the growth in average salary, as the hike applies only to those employees who got a hike (this excludes freshers and recent lateral hires) while these employees do contribute to the overall growth in average salary (See box: Go Take a Hike) |
|||
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The Salary Hikes
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