Which cities and sectors in India pay the highest salaries to freshers & professionals?
India is a hub for young professionals and fresh graduates, with a thriving job market that offers a wide range of opportunities. With the country’s economy growing at a rapid pace, the demand for skilled professionals has increased significantly. As a result, salaries for freshers and professionals have also seen an upward trend. But which cities and sectors offer the highest salaries to freshers and professionals?
According to a recent report by Indeed, Chennai offers the highest monthly salary to freshers with 0-2 years of experience, with an average salary of ₹30,100. This is followed by Hyderabad (₹28,500), Bengaluru (₹28,400), Ahmedabad (₹27,300), Chandigarh and Delhi (both ₹26,300).
On the other hand, employees with 5-8 years of experience get paid the highest in Hyderabad, Ahmedabad, Chandigarh, Bengaluru, Chennai and Delhi. The IT/ITeS and manufacturing sectors also emerge as the top payers for freshers.
Salary Trends in Top Cities
Chennai emerges as the top city for freshers, with an average monthly salary of ₹30,100. This is likely due to the city’s strong presence of IT companies, including major players like TCS, Infosys, and Cognizant. Hyderabad comes second, with an average monthly salary of ₹28,500, followed by Bengaluru (₹28,400), Ahmedabad (₹27,300), Chandigarh and Delhi (both ₹26,300).
Mumbai, often considered the financial capital of India, ranks sixth, with an average monthly salary of ₹25,300. Kolkata and Pune also feature in the list, with average monthly salaries of ₹24,400 and ₹23,900 respectively.
Sector-wise Salary Trends
The IT/ITeS sector emerges as the top payer for freshers, with an average monthly salary of ₹34,700. This is likely due to the high demand for skilled professionals in this sector, particularly in areas such as software development, data analytics, and artificial intelligence.
The manufacturing sector also pays well to freshers, with an average monthly salary of ₹29,400. This is likely due to the growth of the manufacturing sector in India, driven by initiatives such as Make in India and the increasing demand for domestic products.
The banking and financial services sector also offers attractive salaries to freshers, with an average monthly salary of ₹27,900.
Key Takeaways
- Chennai offers the highest monthly salary to freshers with 0-2 years of experience, with an average salary of ₹30,100.
- Hyderabad, Bengaluru, Ahmedabad, Chandigarh and Delhi also feature in the top 6 cities for freshers.
- The IT/ITeS sector pays the highest salaries to freshers, with an average monthly salary of ₹34,700.
- Employees with 5-8 years of experience get paid the highest in Hyderabad, Ahmedabad, Chandigarh, Bengaluru, Chennai and Delhi.
Conclusion
The job market in India is highly competitive, with a wide range of opportunities available to freshers and professionals alike. Chennai, Hyderabad, Bengaluru, Ahmedabad, Chandigarh and Delhi offer the highest salaries to freshers, while the IT/ITeS and manufacturing sectors pay the highest salaries to freshers.
Whether you’re a fresher or a professional, it’s essential to research the salary trends in your desired city and sector to ensure that you’re well-compensated for your skills and experience.
Source:
