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India – Median salaries grew 11.5% in 2017, TeamLease finds

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India – Median salaries grew 11.5% in 2017, TeamLease finds

21 September 2018

Median salaries in India reported an increase of 11.5% across all sectors monitored by TeamLease’s Jobs and Salaries Primer report.

The Jobs and Salaries Primer reports unified salaries across temporary and permanent hiring markets. The report relates these salaries to skills across select cities and industries for the period from April 2017 to March 2018.

TeamLease found that salaries grew by a minimum of 10% and a maximum of 15.37% in 9 (out of 17) sectors and in 7 cities (out of 9 cities).

The e-commerce sector in Bangalore (maximum 15.37%) and Educational Services sector in Mumbai (maximum 14.55%) exhibited the maximum salary growth across sectors.

Some of the other sectors with less than 10% salary growth were Agriculture and Agrochemicals, Automobiles and allied services, BPO Services, Construction and Real Estate, Hospitality, Industrial Manufacturing and allied and Power and energy sectors. Meanwhile, Kolkata and Ahmedabad were the only two cities that exhibited sub-10% growth in more than 10 sectors.

The report also found that temporary worker salaries were closing in on permanent worker salaries. Temp salaries have a hairline variance (less than 5% in more than 25% of the profiles) with Perm salaries in 14 sectors (out of 17).