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Indian employees were at the top of the heap worldwide when it came to salary hikes in 2007, averaging increases of 15.1%, with the highest pay raises in real estate, a new study from Hewitt Associates revealed. As the fight for talent intensified last year, salary hikes rose from the previous year’s average of 14.4%, according to the study. In 2008, compensation is expected to increase by an average of 15.2%, making it the fifth consecutive year that salaries have risen in excess of 10%.
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