WORKERS in Asia and Eastern Europe will get the biggest pay rises next year, according to Mercer, a consultancy. Its “Global Compensation Planning Report” sets out projected increases for white-collar and manufacturing positions in 62 countries. After inflation, India will see the biggest average increase of 9.8% as offshoring to the country continues to grow. Bulgaria benefits from its proximity to big markets in richer western Europe. Employees in rich countries have less to look forward to, with increases ranging from 2.6% in Ireland to just 0.9% in the Netherlands.

AFP