For those still toiling away on international salary increase budgets, guidlines and policies, the infographic below is brought to you courtesy of Hay Group. The data, which covers 2014 projections for over 70 countries, is drawn from their PayNet data base of 15 million job holders in 22,000 organizations worldwide.
Note that while Hay has separated countries into high-speed (fast growing/emerging, shown in red) and low-speed (mature, shown in blue) markets, the firm also points out in its accompanying press release that salaries across the world are in decline. While salaries globally are set to increase by 5.2% on average, the rises for 2014 are expected to average 0.3% less than last year s forecasts (which was 5.5%).
To learn more, or to get a clearer look at the data in the infographic, visit Hay Group's atrium.
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