Hotline: 1800 102 2007
Hotline: 1800 102 2007
Apr, 07 2017

​Survey reveals that FMCG is the highest paying industry in India

FMCG is followed by power and the IT sector, where employees across all levels and functions earn average annual salaries at Rs 9.8 lakh and Rs 9.3 lakh, respectively, the 2017 Salary Trends Study released by Randstad said.

​Survey reveals that FMCG is the highest paying industry in India

The FMCG industry has emerged as the highest paying industry in India with an average annual cost to company (CTC) of Rs 11.3 lakh across all levels and functions, says a survey.

A robust demand for qualified personnel in sales, marketing and supply chain management roles coupled with close to 30 per cent of jobs being posted in over 10 lakh category is being seen as the primary driver for FMCG industry to emerge as the winner.

FMCG is followed by power and the IT sector, where employees across all levels and functions earn average annual salaries at Rs 9.8 lakh and Rs 9.3 lakh, respectively, the 2017 Salary Trends Study released by Randstad said.

Pharma and healthcare, offering an average annual CTC of Rs 8.8 lakh, and telecom (at Rs 8.7 lakh) take the fourth and fifth position in the list as India's most lucrative industries, the study noted.

Moorthy K Uppaluri, MD & CEO, Randstad India, said, "Today employers are cognizant of the fact that the right salary structure is one of the key strategies to attract, engage and retain top talent in the organisation and hence it is important to closely analyse the prevalent salary trends and make course corrections wherever necessary."

As per location-specific salary trends, IT capital Bangalore tops the chart as the highest paying city in the country, with an average annual CTC paid for talent across all levels and functions at Rs 14.6 lakh.

Mumbai is at the second position in the list with an average annual CTC figure of Rs 14.2 lakh, followed by Hyderabad (Rs 13.6 lakh) and NCR (Rs 13.5 lakh).

Chennai (Rs 13.4 lakh) Pune (Rs 13.2 lakh) and Kolkata (Rs 11.4 lakh) are the next three names in the list of top Indian cities paying highest average salaries for professionals.

The study also listed "Hot Jobs" - roles that are experiencing strong demand right now in the job market, across industries and pay relatively higher remunerations for talent in the 6-10 years experience bracket, when compared to other professionals in the same salary range.

Core Java professionals lead the pack with an average annual CTC at Rs 18.06 lakh, followed by Digital Marketing professionals with Rs 17.09 lakh and Testing Automation Engineers with Rs 14.67 lakh.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Sweetshop
    About Us: Chhappan Bhog is a reputed name in premium quality..
    Locations looking for expansion West bengal
    Establishment year 1981
    Franchising Launch Date 2019
    Investment size Rs. 50lac - 1 Cr.
    Space required 1000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater kolkata West bengal
  • About Us: Univrse is the next level entertainment destination featuring world-class..
    Locations looking for expansion Maharashtra
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Pune Maharashtra
  • Juices / Smoothies / Dairy Parlors
    About Us: “Lassi n Café” is one of the famous quick..
    Locations looking for expansion Haryana
    Establishment year 2017
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
  • Tea And Coffee Chain
    Chai N More is a freshly brewed handmade tea cafe..
    Locations looking for expansion Delhi
    Establishment year 2011
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi Delhi
Insta-Subscribe to
Entrepreneur
Magazine
sme-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities