Which profession or city would be best to command the highest salaries in India? Read the complete article to have information on which Skills Command Highest Salary, most ‘in-demand’ mid-level IT jobs of 2019, the highest paying city in the Country, Highest Salaries in India across cities and Job categories.
This is for the third consecutive year the Karnataka Capital “Bengaluru” has captured the first spot in the Randstad Insights Salary Trends Report 2019. Executives in the Bengaluru city received the highest salaries for the talent at the junior, mid-level and senior levels.
According to the report, Professionals from IT Industry command the Highest Salaries in India Across Job categories. With the renewed demand for professionals with digital skills — cloud, product management, analytics, AI and automation – it is no wonder that the IT sector still came on the top of the charts when it comes to compensation packages.
The Randstad Insights Salary Trends Report 2019 analyzed 1,00,000 jobs across 15 industry verticals and functions, spread across eight major cities.
Randstad India MD & CEO Paul Dupuis stated, “Talent with the “right-fit” skills commands a significant premium over their peers and companies are not constrained by bell curves and averages when it comes to the salary structure for professionals with in-demand skills, evidenced by the findings of this report.”
Salary Ranking of Junior, Mid-level & Senior Executives
Highest Salaries in India Across Cities by Junior Level Executives
The ranking of cities according to the average Salary received by Junior level executives (which have work experience of 0-6 years) is as below –
|1||Bengalur1u||Rs 5.27 lakh|
|2||Hyderabad||Rs 5 lakh|
|3||Mumbai||Rs 4.59 lakh|
|4||Pune||Rs 4.38 lakh|
|5||National Capital Region (NCR)||4.29 Lakh|
Highest Salaries in India Across Cities by Mid-Level Executives
The ranking of cities according to the average Salary received by Mid-level executives (which have work experience of 6-15 years) is as below –
|1||Bengalur1u||Rs 16.45 lakh|
|2||Mumbai||Rs 15.07 lakh|
|3||Hyderabad||Rs 14.08 lakh|
|4||National Capital Region (NCR)||Rs 14.5 lakh|
|5||Pune||Rs 14.07 lakh|
Highest Salaries in India Across Cities by Senior Level Executives
The ranking of cities according to the average Salary received by Senior-level executives (which have work experience of more than 15 years) is as below –
|1||Bengalur1u||Rs 35.45 lakh|
|2||Mumbai||Rs 33.95 lakh|
|3||Pune||Rs 32.68 lakh|
|4||National Capital Region (NCR)||Rs 30.73 lakh|
|4||Hyderabad||Rs 30.73 lakh|
Profession-wise salary ranking
Among professionals, those working in the IT industry received the highest average annual CTCs at the junior level at Rs 4.96 lakh and senior level at Rs 35.84 lakh.
For Senior professionals, Digital Marketers emerged as the highest-paid functional role with an average annual CTC of Rs 35.65 lakh.
The increase in demand for GST compliance specialists, accountants, management consultants and lawyers also led to the professional services sector becoming the second-highest paying sector for junior and senior-level executives.
Some of the Hot Jobs for 2019
Meanwhile, there is a strong demand across industries for executives with 6-10 years of work experience. They could expect to receive higher remuneration than others with similar work experience and salary range.
They include Compliance Specialists drawing an average annual CTC at Rs 31.09 lakh, Python Specialists with a CTC of Rs 20.24 lakh, Hadoop Specialists at Rs 19.01 lakh and Specialist Doctors with a CTC of Rs 18.01 lakh.
10 Most ‘in-demand’ IT Jobs of 2019
|Job Category||Average CTC|
|Compliance specialists||Rs 31.09 lakh|
|Python specialists||Rs 20.24 lakh|
|Hadoop specialists||Rs 19.01 lakh|
|Specialist doctors||Rs 18.01 lakh|
|Pre-sales consultant||Rs 17.97 lakh|
|iOS specialists||Rs 17.71 lakh|
|AWS specialists||Rs 17.60 lakh|
|Project managers||Rs 16.71 lakh|
|Data scientist||Rs 16.61 lakh|
|Cloud architect/computing||Rs 16.63 lakh|
Randstad India MD & CEO Paul Dupuis explains that talent with the “right-fit” skills commands a significant premium. Companies are not constrained by bell curves and averages when it comes to the salary structure for professionals with in-demand skills, evidenced by the findings of this report.
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