- As per the Global Wage Report 2018/19 of ILO, India has the highest average real wage growth in South Asia during 2008—17.
- In South Asia, India led the average real wage growth in 2008—17 at 5.5 against a regional median of 3.7. Following India was Nepal (4.7), Sri Lanka (4), Bangladesh (3.4), Pakistan (1.8) and Iran (0.4).
- Overall, global wage growth declined to 1.8 per cent in 2017 from 2.4 per cent in 2016. The findings are based on data from 136 countries.
- Gender Pay Gap: The report find that globally women continue to be paid approximately 20 per cent less than men. Gender wage gap highest in India, women are paid 34% less than men
Points to remember:
- Report Global Wage Report 2018/19 by which organisation?
- Country in South Asia with highest average real wage growth?
- Gender pay gap?- 20%
- ILO Headquarters? – Geneva, Switzerland