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