US Pay Increases to Lag China, India and Eastern Europe in 2007
U.S. Newswire, March, 2007
To: NATIONAL EDITORS
Contact: Jason Chupick, 1-212-584-5486, Jason@blisspr.com, for Hay Group
PHILADELPHIA, March 12 /PRNewswire/ -- New research from Philadelphia- based Hay Group reveals real pay increases (adjusted for inflation) for workers in the United States will substantially lag those in China, India and Eastern Europe in 2007.
US administrative, professional and senior management employees are predicted to see real increases of just 1.4%, v. increases approaching 8% in high-growth economies.
"Much like their colleagues in Europe, US employees will be seeing relatively modest increases in base salaries when compared to the emerging economies," said Iain Fitzpatrick, General Manager of Hay Group's US Reward Information Services. "Projected 2007...
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