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SINGAPORE — Staff in Asia are set to see greater wage bumps in 2023 as persistent inflation and a labor crunch put upward stress on pay, current research present.
From India to Vietnam, employers have been compelled to reinforce compensation packages or threat dropping expertise to rivals. Anticipated pay hikes are additionally on observe to beat inflation forecasts for 2023, offering hopes for actual earnings progress in Asia after residing prices surged this 12 months.
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