Asia Pacific 2015 Salary Increases Boosted By Low Inflation

ASIA PACIFIC, 28 May 2015 – Salaries across Asia Pacific will rise 7% in 2015, according to the 2015 Asia Pacific Salary Budget Planning Report, released today by leading global professional services company Towers Watson (NASDAQ:TW). While this is in line with 2014, it represents a significant jump in real terms, owing to lower inflation in 17 of the 19 Asia Pacific economies examined in the survey.In real terms, average salaries are set to rise 4.3% in 2015, compared to 3.3% last year. In East Asia, the highest increase is seen in mainland China (7.4%), while Hong Kong will see the smallest (1.3%). In 2016, nominal salary increases across the region are projected to dip slightly to 6.7%. The survey looks at a range of industry sectors and job grades from factory shop floor to executive suite.

Source: Asia Pacific 2015 Salary Increases Boosted By Low Inflation – Towers Watson

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