Pacificbridge Inc

<p class="msonormal"><font size="2" face="Arial"><span>Salaries of</span></font> <font size="2" face="Arial"><span>Indian workers increased by nearly 15% in the last year, which is the highest increase in Asia.  Behind India were China and the Philippines, which both saw salary increases of about 8%.  Other high growth countries were Korea (7%) and Thailand (6.5%).  The lowest salary increase was in Japan, where the average increase in salary was less than 3%.  Hong Kong fared slightly better at just over 3%.</span></font></p>

<p class="msonormal"><font size="2" face="Arial"><span>Rewarding performance with increased salaries is seen as a good way of attracting and retaining skilled professionals. </span></font> <font size="2" face="Arial"><span>With high turnover and attrition levels in today´s highly competitive business environment, keeping employees happy and productive has become increasingly important.  The skills shortage in Asia has led to</span></font> <font size="2" face="Arial"><span>fierce competition amongst companies to find and hire skilled business professionals.  In China, the growth in salary has outpaced inflation (about 2%) significantly, leading some companies to cut back on costs by moving to smaller cities or reducing expatriate salary and benefit packages.</span></font></p>

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