Another big, fat paycheck on its way

Never mind inflation. India is still the hottest job market in the Asia-Pacific region, with salaries in key sectors expected to rise by 14.5 per cent on an average in the month, according to a survey by global consulting firm Hewitt Associates. That is just a notch above the 14.4 per cent average rise in 2006, but will mark the fifth year of double-digit increases.

Banking and finance, insurance, hospitality, telecommunications and engineering sectors are expected to fuel the northward trend of salaries in 2007, while IT- enabled service sectors are relatively less hot. The health care, pharmaceutical and electronic/electrical industries are among those expected to see the lowest raises among the sectors covered.

Banking and finance has displaced insurance as the hottest category, with an anticipated increase of 16.5 per cent in salaries, although down from 17percent in 2006. Insurance employees are expected to get 16.1 per cent raises, compared to 17.1 per cent last year. Telecom is hotter at 15.7 percent compared 15.1 percent last yea r.

Notably, IT and IT-enabled services like business process outsourcing and call centres —have been edged out of the top five category by hospitality and restaurants where the expected rise in salaries is 15.5 percent.

Locally owned organizations are awarding higher salary increases than multinationals in India. In 2006, local companies saw an overall salary increase of 14.9 per cent while foreign-owned organizations raised their salary bill by 14.3 percent.

Source:Hindustan Times
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Of blogs and Groups

With the advent of blogs, people found an outlet for their thoughts.But, with technological advancements, blogs have turned into personalised information exchange centres.So here i tried to bring to you blogs that talk about jobs, work experiences and solutions.

CareerBuilder Blog
(http://careerbuilder.typepad.com/job_blog_jobs/job_seeker_journal/)
The blog boasts numerous posts to help you at work.The categories of discussion range from books, retirement planning, jobs, employment trends to work-place surveys.Also available are links to other portals to help you discuss a work related query.The blog has entered into a contract with an employee to keep tabs on his work-life in its online job-journal.This section features his everyday professional experience, which you could read, reflect upon and perhaps, also learn a thing or two!


The Monster Blog
(http://monster.typepad.com/monsterblog/2006/04/is_your_job_kill.html)
As an offshoot of monster.com, the website's career-advice section deals with issues related to the work zone.The team came up with the idea of forming this blog while deliberating on furthering their avenues to help prospective and current employees.It receives posts from people involved in all walks of professional activities and also from job seekers who share their woes.Interestingly, this site discusses both the terrific and the terrible aspects of a job!
Chetana Jobs Groups
(http://groups.yahoo.com/group/CHETANA-JOBS/)
a group hosted on Yahoo's server, Chetana Jobs group hosts jobs for freshers, experienced as well as professional aspirants. A public-visibility group, this popular site boasts 23,2061 members! The blog lists openings in various fields, which categorically displayed for various qualification requirements.To date, 40,000 people heve secured jobs, courtesy Chetana. This is just a peek in the closet.To see the wardrobe, log on.


Source: HT PowerJobs
Compiled By: Saurav Chakraborty