Gaping pay differentials across the spectrum of job levels reflect workforce imbalances and pressure for talent in the Asia-Pacific region. However, depending on location, skilled labour at low cost is available to potential employers, according to new research by professional services company Towers Watson.
Based on the survey findings, labour costs for senior executives and top management is lower in India. At senior levels, average executive pay (at $94,000) in China is more than twice that in India