3 ms·
Are wages increasing at the same rate? Or is the new wealth just flowing to the already rich?
by EliRivers 8y ago
Are wages increasing at the same rate? Or is the new wealth just flowing to the already rich?
- dingo_bat 8y agohttps://m.economictimes.com/jobs/india-to-have-highest-salary-increase-in-asia-pacific-in-2017/articleshow/55941716.cms https://m.economictimes.com/jobs/india-to-have-highest-salar... Average salary increase of 10% sounds like it somewhat answers what you were asking. Here's another relevant tidbit: https://www.livemint.com/Money/5wpK2P8H02D3ujDFYHzfBI/Number-of-billionaires-in-India-to-rise-3-times-by-2027-Rep.html https://www.livemint.com/Money/5wpK2P8H02D3ujDFYHzfBI/Number... Anecdotally, in my company, an annual salary bump of just 10% is considered a punitive action. Edit: looks like the wealthy are getting more wealthy and the poor are getting more wealthy, but not as much.