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Economy

Better paydays are in store for Asia

The region is predicted to lead global wage growth in 2018

TOKYO Asian workers are expected to enjoy the highest real wage growth in the world in 2018 thanks to solid growth and changes in the region's economic structure, while their counterparts in Japan and the West will see wages stagnate amid budding inflation.

Inflation-adjusted real wages are projected to grow 2.8% in Asia this year, compared with an increase of just 1.5% worldwide, according to a recent annual survey conducted by human resources company Korn Ferry, which tracks 20 million workers at 25,000 corporations.

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