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January 22, 2014

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Fast rising sectors give big pay rise

Job applicants in fast growing sectors such as finance, automobiles and retail will enjoy 20-30 percent jump in salary this year, an annual salary survey by recruitment consultant Robert Walters showed yesterday.

Generally, job applicants can expect a pay rise of 15-25 percent this year, Robert Walters said in a report.

Those already employed and not looking for a new job will see their pay rise by an average 8-10 percent, the survey showed.

The salary growth trend this year is expected to stay in line with that in 2013, according to the survey.

In a separate Robert Walters’ survey of 400 domestic employees, 81 percent of them said they may consider a new job as they cited a lack of promotion as the major reason. 

About 20 percent of them said they hope for a promotion when they take on a new job, according to this survey.


 


 

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