Description :
Bangalore Tops Job Salary 9.3% Rise is at the forefront in India for job prospects and salary growth, showing a 9.3% rise and having the highest average monthly salary of Rs. 29,500.00 [ Twenty-nine thousand five hundred ]
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According to Jobs and Salaries Primer Report for FY 23-24, Bangalore continues to lead India’s job market, with a 9.3% rise in job openings and salary advancement from the previous year. This report focuses on how the city is a popular place for jobs, mainly due to its thriving technology industry.
The increasing need for talented experts solidifies Bangalore’s position as a major player in the challenging job market.
Overview :
The study examined combined salaries in temporary and permanent hiring sectors and noted that Chennai and Delhi experienced noteworthy salary increases of 7.5% and 7.3%, respectively. Mumbai and Ahmedabad’s importance as major employment hubs was further solidified by consistent growth.
Regarding industries, Retail had the highest performance with an 8.4% increase in salary, trailed by Consumer Durables and BFSI. Logistics, FMCG, Healthcare & Pharma, and Construction & Real Estate experienced more modest increases.
Bangalore Tops Job Salary 9.3% Rise also emphasized certain employment positions that have seen steady salary increases in the last five years, including Trainee Associate and Pilot Officer in FMCG, and HR Executives and Sales Managers in BFSI.
The report highlights a favorable trend in India’s employment sector, displaying notable salary increases in various cities and industries. He stated that the decreasing difference in pay between permanent and temporary positions shows a concentration on talent fairness and retaining employees for the long term.
How Many Salary Increase
9.3 %