Private sector Indian companies are offering high salaries to employees to retain the best talent. Reports reveal that corporate India recorded its highest rise in salaries at 22% in the first half of 2006-07.
Private banks too offer huge pay packets to their employees, making it impossible for state-run banks to compete and attract the right talent. The lack of a good compensation package has been cited as a reason for their poor performance.
Do you think Indian public sector and government employees are paid well? Or is there a need to increase their salaries and bring them at par with private sector pay scales? Do you think higher salaries to government employees could weed out bribery and corruption?
Tell us what you think!