Salary Survey 2006 Mid-Year Report Available in Myanmar

SALARY SURVEY 2006 MID-YEAR REPORT AVAILABLE NOW
(Consumer Prices and Cost of Living Included)

We are pleased to inform you that salary survey report for mid-year 2006 is now available at MSR. In March 2006, the government of Myanmar announced the 4 to 12 times increase in the salaries of government employees. Immediately after that significant salary increase, the government introduced some control measures against the increases in commodity prices. However, the commodity prices have gradually increased in subsequent period up to now.

In this situation, the business and INGO communities in Myanmar have to consider the alternatives for their employees in order to cope with the rising commodity prices in Myanmar.

With a view to helping management in business and INGOs, MSR has conducted a mid-year salary survey in Myanmar. The survey has produced a benchmark report that includes very valuable data/indicators to human resource management.

The following specific points are covered in the research:
· Current salary payment in Myanmar,
· Comparison of salaries between private business sector, INGOs, UN agencies and government department,
· Salary increases since February 2006,
· Trend of salary increases and forward projection for 2007,
· Consumer prices and food basket showing overall increases,
· Trend of market exchange rates of US Dollar/FEC,
· Cost of livings in Yangon.

Research MethodologyMSR collected data from two different sources: employers and employees. First, MSR contacted companies and INGOs. In addition, MSR also contacted employees through personal networks and collected data on their salaries. Out of 115 companies and 18 INGOs contacted directly or through personal networks, 57 companies (50%) and 13 INGOs (72%) participated in the survey respectively.

For the data on the prices of commodities including food basket, MSR conducted interviews with wholesalers and retailers.

Research Period
The duration of this research project is one month, starting from 17th July to 18th August 2006.

Research PlaceThe salary data were collected in Yangon. The prices of commodities were collected in Yangon and Mandalay.

The table of contents is attached. Report price: US$ 50 only.

Sincerely,


Kyaw Hlaing, MA
Research Director
Myanmar Survey Research
55, Mahabandoola Garden Street, Yangon, Myanmar
Tel: (95-1) 249231, 391387
Fax: (95-1) 254263
E-mail: msr@myanmar.com.mm
URL: http://myanmarsurveyresearch.blogspot.com

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Table of Contents

I. Introduction

II. Current Salary Payment in Myanmar (in August 2006)
A. Private Sector
1. Kyat Payment Companies
2. FEC/US$ Payment Companies
B. INGOs
C. UN Agencies
D. Government Staff

III. Comparison of Salaries between Private Business Sector, INGOs,
UN Agencies and Government Staff

IV. Salaries Increases since February 2006
A. Private Sector
1. Kyat Payments Companies
2. FEC/US$ Payments Companies
B. INGOs
C. UN Agencies
D. Government Staff

V. Trend of Salary Increases and Forward Projection for 2007
A. Private Sector
1. Kyat Payment Companies
2. FEC/ US$ Payment Companies
B. INGOs
C. UN Agencies
D. Government Staff

VI. Consumer PricesA. Yangon
1. Consumer Prices in 2005 and in 2006
2. Percent Increase of Consumer Prices
3. Overall Increase of Food Basket and Other Cost of Living
B. Mandalay
1. Consumer Prices in 2005 and in 2006
2. Percent Increase of Consumer Prices
3. Overall Increase of Food Basket and Other Cost of Living

VII. Market Exchange Rates of US Dollar / FEC: 2000 to 2006

VIII. Cost of Living in Yangon in 2005 and in 2006
A. Cost of Living of a family in Yangon
B. Cost of Living of a single who is living alone

Salary Survey 2006 Report, Myanmar

SALARY SURVEY REPORT 2006 AVAILABLE NOW

We are pleased to inform you that salary survey report for 2006 is now available at MSR.

Salary Survey 2006 is a powerful management tool. It is especially useful to the human resource management of your organization. It answers such questions as: Are you paying too much or too little to your staff? How does your pay check compare with others in the same industry? How much is the cost of living in Yangon?

Salary Survey 2006 covers all sectors of economy in Myanmar. Specifically, salary payments of Manufacturing, Trading, Engineering, Banking, Garment, Hotels and Serviced Apartments, Construction, IT, and Sales and Marketing industries are presented in details. It covers local companies, local-foreign joint-ventures, and 100% foreign companies as well.

This report also provides information on compensations for foreign expatriates in Myanmar. In addition, salary payments of International NGOs and UN agencies operating in Myanmar are presented in this report.

Moreover, trend of salary payment, inflation rate and consumer price index for the last 10 years are provided for a comparative study. Finally, cost of living in Yangon in 2006 is presented in this report.

The description of survey and the contents of report are attached.
Price: US$ 50 only.

Sincerely

Kyaw Hlaing, MA
Research Director
Myanmar Survey Research
55, Mahabandoola Garden Street, Yangon, Myanmar
Tel: (95-1) 249231, 391387
Fax: (95-1) 254263
E-mail: msr@myanmar.com.mmURL: http://myanmarsurveyresearch.blogspot.com



DESCRIPTION OF SURVEY

The first salary survey in Myanmar was conducted by the Myanmar Survey Research in 1996. Since then, the annual salary survey has been carried out for the benefit of both local and foreign business communities in Myanmar. This SALARY SURVEY 2006 is the up-to-date report for this year.


A. Research Methodology
Data were collected from two different sources: employers and employees.

MSR contacted 330 companies and organizations, provided survey questionnaires, and requested data on their salary payments. Forty-eight percent of companies and organizations requested participated in this research.

For better analysis, we contacted employees through our personal networks and collected data on their salaries. The total number of employees participated in this survey was 165.


B. Coverage of Companies in the Research
Total number of companies and organizations participated in this research is 158.

C. Research Period
Survey data were collected in January and February 2006.


CONTENTS OF SALARY SURVEY 2006 REPORT

I. INTRODUCTION
A. Research Methodology
B. Coverage of Companies in the Research
C. Research Period

II. TYPES OF PAYMENT

III. KYAT PAYMENT
A. By Position/Rank
B. By Education
1. Formal Education
2. Engineering Education
3. Business and Accountancy Education
4. Computer and Information Technology Education

IV. FEC/US$ PAYMENT
A. By Position/Rank
B. By Education
1. Formal Education
2. Engineering Education
3. Business and Accountancy Education
4. Computer and Information Technology Education

V. PAYMENTS OF SPECIFIC INDUSTRIES
A. SALARY PAYMENT OF GARMENT INDUSTRY
B. SALARY PAYMENT OF MANUFACTURING COMPANIES OTHER THAN GARMENT
C. SALARY PAYMENT OF TRADING COMPANIES
D. SALARY PAYMENT OF ENGINEERING COMPANIES
E. SALARY PAYMENT OF BANKS
F. SALARY PAYMENT OF HOTELS AND SERVICED APARTMENTS
G. SALARY PAYMENT OF CONSTRUCTION COMPANIES
H. SALARY PAYMENT OF IT COMPANIES
I. SALARY PAYMENT OF SALES AND MARKETING COMPANIES

VI. SALARY TRENDS: 1996 to 2006
A. Kyat Payment
1. By Position
2. By Education

B. FEC Payment
1. By Position
2. By Education

VII. SALARIES OF FOREIGN EXPATRIATES IN MYANMAR

VIII. SALARY PAYMENT OF INGOs AND UN AGENCIES IN MYANMAR

A. SALARY PAYMENT OF INTERNATIONAL NGOs IN MYANMAR
B. SALARY PAYMENT OF UN AGENCIES IN MYANMAR

IX. SALARIES OF GOVERNMENT EMPLOYEES AND PER CAPITA
NATIONAL INCOME
A. Salaries of Government Employees
B. Per Capita National Income in Myanmar

X. INFLATION RATE AND CONSUMER PRICE INDEX: 1996 to 2006
A. Market Exchange Rates of US Dollar/ FEC
B. Consumer Price Trend
C. Consumer Price Index
D. Changes of Salary Rate in Comparison with CPI
a. Salary of Kyat Payment
b. Salary of FEC/US$ Payment
E. Changes of Prices in Comparison among Luxury/ Saving Goods

XI. COST OF LIVING IN YANGON IN 2006
A. Cost of Living of a Family in Yangon
B. Cost of Living of an Individual in Yangon

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