According to the survey conducted by global management consultancy Hay Group, the three sectors with the highest salary increases are banking and financial services (7 per cent), transportation (4.9 per cent) and fast moving consumer goods (4.6 per cent).
Actual average salary increases of bankers are 4.4 per cent for 2011, and average salary increases for 2012 are forecasted to remain at 4.4 per cent. Full story
