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Recession impacts salaries, attrition in Indian BPO sector
Earlier this month, the association that supports and promotes India’s business process outsourcing predicted a bright future for the sector. While the past year has presented challenges, there is undoubtedly strong growth ahead, NASSCOM said at the CEO Summit 2009. In fact, Som Mittal, the president of NASSCOM, forecast that outsourcing to India is likely to increase threefold by 2020, earning aggregate revenues of $225 billion. "While the short-term challenges exist, the potential for this industry is tremendous and the industry will not be demand constrained," he said.

Other salary growth Related Articles

6 Secrets of Business Growth Success
The future of your business may become may depend on 6 little growth secrets that many businesses have used in the past though not in a matter that creates rapid growth. So how do you create quicker revenue or profit growth with your business? The days of just helping your customers with solutions to their problems is becoming a redundant saying, it is almost a given. What if you could do something else that

The Perfect Fit
Have you looked at your selection processes recently? What is your staff turnover like? “Let's assume the average salary of employees in a given company is $50,000 per year. Taking the cost of turnover at 150% of salary, the cost of turnover is then $75,000 per employee who leaves the company. For the mid-sized company of 1,000 employees who has a 10% annual rate of turnover, the annual cost of turnover is $7.5 million!” * So how do you go about ensuring you select the right staff, who will fit well with your organisation, and who will stay with you?

5.2 Is it factor accumulation or total factor productivity that drives growth in Africa?: Economic Report on Africa 2007
To investigate the link between growth and diversification, it was important to first quantify the contribution of TFP to economic growth. This section analyses the sources of growth for African countries using the standard growth accounting method, making it possible to disaggregate the shares of growth contributed by TFP, capital and labour. Growth in output is the sum of the growth in capital, labour and TFP. Capital accumulation is an essential element in the growth process, as it enlarges the economy’s capacity to produce. Increases in labour or labour force have traditionally been considered a positive factor in stimulating economic growth.
Consistently Grow Revenue at Record Levels – Article 1 of 2
There are very few CEOs that are not concerned with sales growth. Ninety-five percent of CEOs that I have spoken with this year described their sales growth as follows: A. Overall sales are below last year. B. Overall sales are about the same as last year. C. We are growing, but our growth rate is slower than that of our top competitors. D. Our growth rate is slower than last year. E. Our growth rate is not where we want it to be. While this may not be a surprise, you’ll be interested to know that the solutions are easier than you think. Even more fascinating is that many companies are meeting sales targets that have been set extremely below potential.
Do You Deserve a Salary Increase?
Because of the recession that began in 2001, many employees have sat idle in their jobs with no salary increase or even a salary reduction for a number of years. However, within the last year or so, things have been changing and employees have been getting salary increases again. If you aren't, why not?

Importance of Salary Survey for the Employee and Employer
Salary information is one of the deepest secrets of the labor market. However, today many large organizations, management consultancies and websites are conducting salary surveys and coming out with reports on compensation and benefits that helps both employers and employees take a right decision. Such surveys can be online as well as offline (paper pencil ones) and are generally done for the purpose of comparability.
Getting a Job in Japan Japanese Speaking Ability...While Not a Requirement, Has Its Advantages
Okay, well a common question I get when I meet people currently living in Japan as well as traveling through Japan is "do I need to speak Japanese to get a job in Japan?" To answer this question, it really depends on what exactly you mean by a job. Are you looking for something fun that will provide you with a salary and some freedom, or are you looking for something more, such as a career, something that will provide you with a nice salary and potential growth and career advancement?
6 Tips for Determining a Fair Hiring Salary: How Much Do They Get Paid?
Determining an employee’s salary is vital to a company. But in doing so, managers should also think of the welfare of the employees as well. Here are some tips for managers in determining salary.

Financial Mastery for the Career Teacher
The role of the career teacher is one of the most valuable in our society. We value our teachers so much that teaching consistently ranks in the top 10 most respected professions. Yet the average salary of a career teacher is 17 times less than the average salary of a professional football player. Therefore, it’s critical that teachers create a family financial plan and make it work with what they have and what they’re earning today.
The Salary Negotiation Dance During a Job Interview
To perform the job interview salary negotiation dance steps, you must have a good sense of balance. Knowing your value and your worth will help you feel more confident about staying in step during the salary negotiation process. The employer takes the lead and you follow, staying with the rhythm.
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