Expect a 10 pc salary hike in 2019

Salaries in the country are projected to increase by 10 per cent in 2019, the highest in the Asia Pacific region, according to a report. The global advisory, broking and solutions company Willis Towers Watson in its Q3 2018 Salary Budget Planning Report noted that the pharmaceuticals sector has the highest projected salary increase for 2019 at 10.3 per cent. While noting that the salaries had risen by the same quantum in 2018, it attributed the high salary increments compared to other countries in the region to the steady economic growth, progressive reforms and cautious optimism across sectors.