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Byline: Post Reporters
Dec. 2--Salary increases for 2005 are expected to average 6.4 percent, with an average total bonus of 2.6 months' salary, according to the human resources consultancy Hay Group.
Companies in the consumer-products and oil-and-gas sector lead the market with average base salary increases of 7 percent, followed by manufacturing at 6.5 percent. The annual study is based on a survey of various industries between September 2004 and August 2005.
Anuchit Veerasiriyanon, the reward information business manager for Hay Group Thailand, said similar salary increases would be expected in 2006 as sustained economic growth of around 5.2 ...