Asia Pacific salary budget increases projected at 6.1% for 2018: Willis Towers Watson

SINGAPORE (Dec 14): Increases in salary budgets across 21 markets in Asia Pacific are expected to average at 6.1% for 2018, up from 5.9% in 2017, according to Willis Towers Watson’s 2017 Asia Pacific Salary Budget Planning Report.

The salary increases projected for next year reflect expectations for economic growth in the region that’s more steady than steamy, with the pickup arresting two years of slowdown.

Although the survey looks at salary budget forecasts, Willis Towers Watson research also shows that actual budgets more often come in lower than projected.

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