Which cities and sectors in India pay the highest salaries to freshers & professionals?
In today’s competitive job market, salary is a crucial factor that many job seekers consider when evaluating job offers. With the rapid growth of the Indian economy, various sectors and cities are offering attractive salaries to freshers and professionals alike. But which cities and sectors offer the highest salaries? In this blog post, we will delve into the latest information to find out which cities and sectors pay the highest salaries to freshers and professionals in India.
What does the data say?
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. Hyderabad comes in second, with a monthly salary of ₹28,500, followed by Bengaluru (₹28,400), Ahmedabad (₹27,300), Chandigarh and Delhi (both ₹26,300). This data is based on the median salary data collected from various job postings on Indeed.
For employees with 5-8 years of experience, Hyderabad, Ahmedabad, Chandigarh, Bengaluru, Chennai, and Delhi offer the highest salaries. The median monthly salary for this experience bracket in these cities ranges from ₹65,000 to ₹80,000.
Which sectors pay the highest salaries to freshers?
The IT/ITeS sector is known for offering high salaries to freshers and professionals alike. According to the Indeed report, this sector pays the highest salaries to freshers, with a median monthly salary of ₹35,000. The manufacturing sector comes in second, with a median monthly salary of ₹28,000.
Other sectors that offer high salaries to freshers include the finance and banking sector, with a median monthly salary of ₹25,000, and the healthcare sector, with a median monthly salary of ₹22,000.
Which cities pay the highest salaries to professionals?
For professionals with 5-8 years of experience, Hyderabad, Ahmedabad, Chandigarh, Bengaluru, Chennai, and Delhi offer the highest salaries. These cities are hubs for various industries, including IT, manufacturing, and finance, which contribute to their high salaries.
Hyderabad, for instance, is known for its vibrant IT industry, with many major companies having their operations in the city. Ahmedabad, on the other hand, is a major hub for the manufacturing sector, with many textile and pharmaceutical companies operating in the city.
Bengaluru, being the Silicon Valley of India, offers high salaries to professionals in the IT sector. Chennai, on the other hand, is a major hub for the automotive industry, with many major companies like Hyundai and Ford having their operations in the city.
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 and manufacturing sectors pay the highest salaries to freshers, with a median monthly salary of ₹35,000 and ₹28,000, respectively.
For professionals with 5-8 years of experience, Hyderabad, Ahmedabad, Chandigarh, Bengaluru, Chennai, and Delhi offer the highest salaries. These cities are hubs for various industries, including IT, manufacturing, and finance, which contribute to their high salaries.
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