BANGALORE: Indian workers are possibly going to receive the highest real wage in the last three years.

 As per the Korn Ferry Hay Group 2016 Salary Forecast, the increase has moved up to 4.7 per cent in comparison  to 2.1 per cent last year and 0.2 per cent in 2014, reports ET.

Workers across the globe are anticipating real wage increases of 2.5 pct which is deemed the highest in the last three years. The increments alongside the traditionally low inflation are sure to leave employees at an advantage.

Amer Haleem, Business Manager, Productized Services, Hay Group India said, “The 2015 salary forecast for India stood at 10.5 per cent. For 2016, the forecast is only marginally lesser at 10.3 per cent. However, at the same time, Indian workers are likely to see highest real wage increase at 4.7 per cent, compared to 2.1 per cent last year”.

Nonetheless speaking on a worldwide front, the highest real wage growth will be handed to Asia. Wherein as per the Korn Ferry Hay Group forecast salaries are predicted to rise by 6.4 pct - down 0.4 pct from last year. Nonetheless, real wages will be the highest globally with an increase of 4.2pct.  Taking into account the largest real wage increase is forecasted in Vietnam at 7.3 pct, China 6.3 pct and Thailand 6.1 pct.

The increment on Average real wages falls on countries in [Hay Group's database], this does not include of Ukraine and Venezuela. Due to the political chaos and high inflation in these cities, the decreases in real wage are seen at 36.8pct and 52.6pct respectively.

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