Almost 3 in 10 workers did not get pay hikes in 2012

12.3% of them don't expect a raise at all..

According to a survey by recruitment firm AMBITION, 28.6% of employees surveyed received 5% or more increment in the 2012 salary reviews while 29% received no salary increments. Majority of employees are expecting salary increments in 2013, with only 12.3% expecting none. This is in anticipation for the non increment in 2012.

Almost justifying the higher expectation in salary increments, 44.4% of employees think their salaries are not on par with the market while 30.3% of employers believe that to be the case too.

Bonus payouts in the year 2012 fell short of the majority expectations as 62.5% of employees did not have their expectations met. 34.2% did not receive any bonuses while 28.6% received bonuses that are 20% and above of their base salaries.

28.5% are expecting bonuses between 0-5% this year. 38.7% are expecting bonuses between 6-15% while 32.9% are expecting bonuses of 16% and above.

Closely reflecting a similar percentage of employees who feel underpaid, 49% of employees feel that they could earn more in another city. In pursuit for higher pay and career advancements, 77.2% of employees are willing to relocate, which places further emphasis on global opportunities available and policies (both company and government) to attract and retain these talented individuals.

48.1% of senior management staff who have also responded that they are willing to relocate to further their careers, are looking to relocate within the year. Thus, if the survey result is an accurate indication of what is to come, we could possibly see an increase in job movements not just between companies, but also geographies.