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....
______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
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
****************************************
_______________________________
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....
______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
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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# posted by SBasefsky : 10:27 AM
