Distributed By Christian Hoffeldt
Posted in Leadership Development
Income gaps are rising at alarming levels in India, with senior managers currently earning 11.7 times more than lower level employees.
Latest research by Hay Group found the pay gap has been growing, from 7.7 in 2008, to 11.7 in 2014.
Globally, the pay gap in salaries is rising in twice as many countries as it is falling (42 to 21).
Within the BRIC nations, the gap has grown in India and China, but there has been only a marginal increase in Brazil. On the other hand, the gap has decreased in Russia.