Which cities and sectors in India pay the highest salaries to freshers & professionals?
When it comes to starting a career or switching jobs, one of the most important factors to consider is salary. India, being a growing economy, offers a wide range of job opportunities across various sectors and cities. But, which cities and sectors pay the highest salaries to freshers and professionals? In this blog post, we will explore the top cities and sectors in India that offer the highest salaries to freshers and professionals.
According to a recent report by Indeed, a leading job search platform, Chennai offers the highest monthly salary to freshers with 0-2 years of experience, at ₹30,100. This is followed by Hyderabad (₹28,500), Bengaluru (₹28,400), Ahmedabad (₹27,300), Chandigarh and Delhi (both ₹26,300).
For employees with 5-8 years of experience, Hyderabad, Ahmedabad, Chandigarh, Bengaluru, Chennai, and Delhi offer the highest salaries. These cities have emerged as major hubs for various industries, including IT, manufacturing, and finance, which contribute to their high salaries.
IT/ITeS sector leads the way
The IT/ITeS sector is one of the most prominent sectors in India, and it is no surprise that it offers the highest salaries to freshers and professionals. According to the same report, the IT/ITeS sector pays the highest salaries to freshers, with an average monthly salary of ₹35,000. This sector is followed by the manufacturing sector, which offers an average monthly salary of ₹27,500.
The high demand for skilled professionals in the IT/ITeS sector is driving up salaries. With the growth of digital technologies, companies are looking for professionals with expertise in areas such as artificial intelligence, data analytics, and cybersecurity. This has led to a surge in demand for skilled professionals, resulting in higher salaries.
Other sectors that offer high salaries
While the IT/ITeS sector dominates the list of highest-paying sectors, other sectors such as finance, healthcare, and e-commerce also offer competitive salaries. The finance sector, for example, offers an average monthly salary of ₹25,000 to freshers and professionals.
The healthcare sector is another sector that offers high salaries, particularly in areas such as pharmaceuticals and medical research. The average monthly salary in this sector is around ₹22,000.
E-commerce is a rapidly growing sector in India, and it offers high salaries to professionals with expertise in areas such as data analytics, marketing, and logistics. The average monthly salary in this sector is around ₹20,000.
Cities that offer high salaries
In addition to the sectors mentioned above, certain cities in India also offer high salaries to freshers and professionals. Chennai, for example, is known for its high salaries, particularly in the IT/ITeS sector. The city offers an average monthly salary of ₹30,100 to freshers and professionals.
Hyderabad is another city that offers high salaries, particularly in the IT/ITeS sector. The city is home to several major IT companies, including Tech Mahindra, IBM, andAccenture. The average monthly salary in Hyderabad is around ₹28,500.
Bengaluru is another city that offers high salaries, particularly in the IT/ITeS sector. The city is known as the Silicon Valley of India and is home to several major IT companies, including Infosys, Wipro, andHCL Technologies. The average monthly salary in Bengaluru is around ₹28,400.
Conclusion
In conclusion, Chennai offers the highest monthly salary to freshers with 0-2 years of experience, at ₹30,100, followed by Hyderabad (₹28,500), Bengaluru (₹28,400), Ahmedabad (₹27,300), Chandigarh and Delhi (both ₹26,300). The IT/ITeS sector is the leading sector in terms of salary, followed by the manufacturing sector.
For employees with 5-8 years of experience, Hyderabad, Ahmedabad, Chandigarh, Bengaluru, Chennai, and Delhi offer the highest salaries. These cities have emerged as major hubs for various industries, including IT, manufacturing, and finance, which contribute to their high salaries.
We hope this blog post has provided valuable insights into the cities and sectors that offer the highest salaries to freshers and professionals in India. Whether you are a fresh graduate or a seasoned professional, it is essential to consider salary when choosing a career or switching jobs.
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