Your take-home pay, PF outgo and entire salary structure likely to change from tomorrow
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Staffing companies and HR professionals say that the new salary regime will cause changes to most pay structures in the country. Currently, for an overwhelming number of employers, the basic pay component is significantly lower than 50%.
Asian nations make up eight of the top 10 countries forecast to see real salaries rise, led by India, up 4.6%, Vietnam rising 4.0% and China up 3.8%. Brazil’s 3.4% increase and Saudi Arabia’s 2.3% bump round out the top five.
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