Employees in Latin America and Asia are expected to experience the highest pay rises.
(PRWEB UK) 12 December 2013
Expat Forum has recently reported results of research into expected salary trends in countries around the world. The study, conducted by ECA International, indicates that while UK employees should expect their salaries to increase by 3%, employees in Latin America and Asia are expected to experience the highest pay rises. While rates of inflation can affect the wage increase experienced by employees, the average pay increase in European countries is expected to be 3.5%. Employees in Russia and Ukraine meanwhile, are expected to see an increase of up to 8%.
The highest pay increase is expected to be in Venezuela, where employees are anticipated to experience an average rise of 26% next year. Research indicates that the second highest salary increase will be in Argentina, although the expected 25% inflation rate could mean that individuals may not experience a noticeable difference despite a pay increase. Elsewhere, the research discovered that Latin America and Asia will see increases of 11% and 10%, respectively.
As specialists in overseas removals, the experts at Interdean operate from a number of locations around the world, with offices across countries explored in the research including Asia, Russia, and Ukraine. The removals specialists welcomed the research into salary increases around the world and a representative for the company offered their comments:
“This recent research has provided important information into the earning potential of various countries around the world which can be a crucial factor for those looking to move overseas. For young professionals looking to increase their earnings, these results highlight how relocating to countries with the highest earning potential could be highly beneficial to their quality of life and prospects in their new country of residence. At Interdean we offer a range of services catered to those looking to relocate for financial benefits, including efficient shipping, storage and airfreight services. We look forward to following news of pay increases around the world, and discovering if researchers’ predictions of rising salaries will be correct.”
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Interdean helps families, expats, backpackers, travellers and students moving overseas. Established in 1959, Interdean provides moving, storage, shipping air freight, excess baggage, visa and immigration, and full overseas relocation services to worldwide destinations. Interdean is FIDI FAIM PLUS accredited and has over 123 offices worldwide.
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