Correction: Thailand Compensation and Benefit Trends 2016: Voluntary Turnover Rates Soar as Performance Pressure Mounts
- Written by Reporters
- Turnover rate is the highest for junior management/supervisor levels across industries, at 14% for voluntary turnover and 5.3% for involuntary turnover.
- Salary increases range from 4.7% to 6% in 2016 across industries surveyed.
- Performance is the top factor to influence pay decisions--with the average 2016 bonus payout rate at 4.5% higher than in...