Shared exclusively with TOI, the report reveals that Ahmedabad has firmly emerged as one of the fastest growing cities in the country. Among tier-II cities, Chandigarh tops the chart in salaries paid at junior (average CTC Rs 5.7 lakh per annum) and middle level (Rs 13.7 lakh) – up from the national average of Rs 4.4 lakh and Rs 11 lakh, respectively Ahead. Thiruvananthapuram comes second with a difference of 3.5% and 1.9% respectively.
At the senior level, Chandigarh (Rs 26.5 lakh) is in the third position after Bhubaneshwar (Rs 31.2 lakh) and is at the third position. Kochi (Rs 28.8 lakh). Overall, Bengaluru continues to be the top tier-1 city in salary pay scales in junior (Rs 6.7 lakh) and mid-level jobs (Rs 18.1 lakh), while Mumbai (Rs 35.7 lakh) retained its ranking in senior levels. top payer. NCR (Rs 32.7 lakh) ranks third in salary at senior job level, but between fifth and sixth at junior and mid level, while Chennai (Rs 5.6 lakh) is third at junior level with a difference of about 16%. is in place. from Bangalore.
MD and CEO of Randstad India Vishwanath PS said the report reveals a significant jump in the average salary of junior, mid and senior level professionals, with the firm also capturing the emergence of Tier-II cities in the last year.
“We strongly believe that they (Tier-II) are the talent centers and job creation hubs of the future. Our belief is born out of the fact that Tier-II cities have made great investments in building excellent physical and social infrastructure. The reason wage levels have advanced significantly is also a great sign of an exciting trend that is emerging – organizations are discovering the benefits of having a borderless, multidisciplinary workforce that can work ‘anytime, anywhere’ So, we can say that the work is looking for talent in this new model up to Tier-II cities,” said Vishwanath.
Expanding from a traditional textile hub to cover chemicals, pharmaceuticals and healthcare, and now IT, Ahmedabad is only marginally behind the national average salary at the mid to senior level. At the senior level, Ahmedabad (Rs 31.9 lakh) pays better than Hyderabad (Rs 29.8 lakh), Chennai (Rs 28.6 lakh) and Kolkata (Rs 28.6 lakh). In BFSI, mid-level and senior account executives are paid the highest in Kolkata (Rs 12.7 lakh and Rs 27.3 lakh), Mumbai (Rs 9.3 lakh and Rs 19.3 lakh) and NCR followed by Ahmedabad (Rs 8 lakh and Rs 15.3 lakh, respectively). is done. 8.7 lakh and Rs 17 lakh).
At the senior level, Bhubaneswar leads the table with an average CTC (Rs 31.2 lakh) which is at par with the average level of Tier-1 cities. A major factor fueling this trend is the mining and steel manufacturing companies operating in the city as well as the IT/ITES sector which is gaining prominence with companies setting up offices.
While Kochi (Rs 5 lakh) ranks third in salaries at the junior level, fourth in the middle level (Rs 12.1 lakh), and second at the senior level (Rs 28.8 lakh), Vadodara also shows an interesting trend in progressively increasing pay. shows. Job levels increase. Randstad said with increasing pressure for real estate, health care and educational infrastructure, Vadodara should look further ahead in the future.
In Jaipur, Nagpur, Lucknow, Indore and Coimbatore, the differences between junior and senior levels are high. This could be due to the predominance of non-IT industries in these cities, such as manufacturing, engineering and textiles, the report said.
Across the board, there has been a significant jump in the average salary of the three job role hierarchies. Nationally, the mid-level salary is more than three times that of the junior level (Rs 17.3 lakh and Rs 5.5 lakh, respectively), while the senior level is close to twice the mid level (Rs 32.5 lakh). and Rs 17.3 lakh respectively). This trend extends to all locations, indicating that a high premium is placed on job-level seniority.
In salaries paid, professional services rank first in the mid-level (Rs 20.5 lakh) and second in both junior and senior levels (Rs 6.2 and Rs 37.8 lakh). High demand and premium has been placed for ITES, professional services (emerged as an important industry post-Covid) and advertising, marketing and PR industries. The average CTC for senior professionals in these ‘top 3’ industries (Rs 39.4, Rs 37.8 and Rs 35.8 lakh) is higher than the top average CTC for the same job level in Tier-1 cities (Rs 35.7 lakh).
Among IT professionals with 6-10 years of experience, Hadoop specialists (Rs 24.8 lakhs), test practitioners, other than manual and automation testing (Rs 22.9 lakhs), and specialist doctors (Rs 22.5 lakhs) ranked as ‘Top 3’ Huh. Hot Skilled Professionals.
“While IT niche skills still occupy key positions, specialty doctors rank third among ‘hot jobs’. Healthcare is a top-paying industry slot in the coming years with professional services, IT, and internet and e-commerce is ready to capture – and specialized skilled professionals in these industries can look forward to a fulfilling future,” said Vishwanath.
Job-wise, senior accounting professionals earn the most in Bengaluru, followed by NCR and Ahmedabad. In HR, payroll skills at senior level are highly valued in Mumbai, Kolkata and Ahmedabad, while legal, regulatory affairs professionals are paid highest in Ahmedabad at middle and senior (after Mumbai) levels.
A senior data analyst at BFSI is paid the highest in Kolkata (Rs 20.4 lakh), while a senior investment banker at BFSI is paid the highest in Bangalore (Rs 42.3 lakh). Kolkata is also the highest payer for architects (Rs 49.9 lakh) and civil engineers (Rs 39.5 lakh) in senior positions in the construction and infrastructure industry. Hyderabad is the highest payer for fashion/graphic/accessory designers in junior (Rs 5.9 lakh) and mid-level (Rs 19.3 lakh) in FMCG and retail. Graphic designers in construction are paid the highest at all levels in Kolkata.
,