Percentage of Monthly Salary Adjustment in 2008 – By Job Function
Among the employed respondents, the overall average salary adjustment in 2008 of all job functions is 8.7% compared with 2007. The largest increase is in Banking & Finance (12.3%), followed by Information technology (10.4%) and Editorial / Journalism (10.0%).
Average Satisfaction for Salary Adjustment in 2008 – By Job Function
Overall satisfaction on salary adjustment of all employed respondents is 2.7 (against a satisfaction scale of 1-5, with 1 being the lowest). Those in editorial / journalism have the highest satisfaction (3.0), followed by banking and finance (2.9) and accounting and HR & Admin (2.8). Those in sales and design have comparatively the lowest satisfaction (2.6).
Respondents who changed jobs in 2008 received a higher pay rise (10.2%) than those who did not change jobs (8.1%).
For respondents who have changed jobs, those in IT industry had the biggest pay rise (15.8%), followed by banking and finance (14%), and engineering (13.2%). For respondents who did not change jobs, those in banking and finance received the biggest pay rise (11.5%), followed by accounting (9.1%) and IT (9.0%).
