Tuesday, September 25, 2007

[IWS] Watson Wyatt: 2008 MERIT RAISES HIGHEST in ASIA, LATIN AMERICA [25 September 2007]

IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations
-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor
---------------------- Stuart Basefsky
New York, NY 10016
-------------------------------Director, IWS News Bureau
________________________________________________________________________

Watson Wyatt


Merit Raises for 2008 Highest in Asia, Latin America, Watson Wyatt Finds [25 September 2007]
Employees in United States, Europe to See Lesser Increases in 2008
http://www.watsonwyatt.com/news/press.asp?ID=17830

WASHINGTON, Sept. 25, 2007 ­ Merit pay increases for employees in Asia-Pacific and Latin America will continue to top those of U.S. and European workers, according to a soon-to-be-published report by Watson Wyatt Worldwide, a leading global consulting firm, and WorldatWork, the association for human resource professionals.

The global survey of 946 companies found that while employees worldwide can expect to see about the same levels of merit pay they are receiving in 2007, employees in quickly developing regions will receive a higher percentage. Merit-based pay is expected to increase 5 percent in Asia-Pacific, 4.5 percent in Latin America, 3.6 percent in the United States and 3 percent in Europe next year, for a global median of 4 percent.

AND MORE ...including TABLES....

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Stuart Basefsky                   
Director, IWS News Bureau                
Institute for Workplace Studies 
Cornell/ILR School                        
16 E. 34th Street, 4th Floor             
New York, NY 10016                        
                                   
Telephone: (607) 255-2703                
Fax: (607) 255-9641                       
E-mail: smb6@cornell.edu                  
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