2024-2025年度印度薪酬趋势报告

contents. executive summary03key highlights04about the 2024-25 Randstad salary trends report05 •by industries•by functions executive summary. Weaving a smart tapestry of rewards with talent aspirationsand enterprise goals. Amidst global challenges of geopolitical tensions and rising inflation,Indian companies continue to show intelligent intent and efforts todesign innovative and comprehensive rewards programs that energy & utilities, and infrastructure, real estate & construction standout as some of the top-paying industries across various levels. Thisindicates the critical role that these industries play in the nation’s For example, healthcare salaries make a phenomenal leap in rankingsat the middle and senior levels driven by demand for researchanalysts, specialty doctors, API experts, pharmacovigilance business landscape in India — across locations, industries andfunctions — to serve as an ‘impact barometer’ of India Inc.’s businessperformance on workforce compensation. The findings of our2024-25 Randstad Salary Trends Report show a fair stability inaverage salaries at different hierarchical levels. Among the Top 8 nurture and retain talent in a competitive job market throughinnovative and evolving compensation strategies. Clearly, excitingtimes lie ahead. key highlights. In tier-1 cities, Bengaluru ranks #1 insalaries in the junior and middle levels;Mumbai ranks #1 in senior level about the 2024-25randstad salary trends report. An insightful dive into the Indian rewards andcompensation scene. more than our business — it is our passionate commitment to job aspirants and jobcreating organizations. Through our annual Randstad Salary Trends Report, we haveconsistently provided — across locations, industries and functions — data-driven insights salary-related strategies and decisions as the country strides ahead to move into the ‘Top3’ nations of the world in terms of GDP. As a transformed work landscape gears up toaddress the challenges of geopolitical volatility and surging demand for specialized talent,we are confident that this report will provide relevant inputs for employers, aspiring talent what this report covers. tier-2 cities BhubaneshwarChandigarhCoimbatoreGuwahati The 2024-25 Randstad salary trends report analyzes compensation andbenefits data and patterns across locations, industries and functions. 8 tier-1 cities & 22 tier-2 cities industries top 6 industries across levels Ahmedabad functions BengaluruChennaiHyderabadKolkata top 6 functions across levels ThiruvananthapuramVadodaraVisakhapatnam cities and 22 Tier-2 cities. Covering the top six industries andfunctions, this report analyzes average salaries at the junior, middle key definitions. middle management•Experience of 6-14 years senior management•Experience of 15 years and above junior management•Experience of 0-5 years •Managers of one or more key functionsreporting directly to top management•Geo/function-wise business heads •Entry level employees in the corporate jobhierarchy, usually involved in the day-to-dayfunctioning of their teams •Executives holding ownership for asub-function in an organization,reporting directly to senior management hot jobs 2024-25. Top 10 paying jobs for mid-level professionals(6-10 years’ experience). marching to ‘Viksit Bharat 2047’. Building workforce stability for growth with resilience. India’s transformative journey to ‘Viksit Bharat 2047’ (that aims to launch thenation into a developed entity status by 2047) continues to be marked byresilient growth — in fact, Moody’s November 2024 projections estimates thecountry’s GDP to grow at 7.2% in 20241, driven by a recovery in consumption•Transitioning to clean-energy alternatives•Skilling youth and education loans for higher education•Paid internship programs (which will improve employability) have impacted job opportunities and salaries. There are strong indicatorsthat India Inc. will, on an average, raise salaries by 9.5% into 20252- led byengineering, manufacturing, financial services, retail, global capabilitycentres (GCC), and technology services. As in the past few years, businesseswill continue to reimagine and align salary designs that will innovatively share of salaried workers with higher qualifications has increased marginallyby 0.8 percentage points to 21.7%. The survey also shows that femaleparticipation in the labour force has improved, especially in rural areas. Thegovernment’s strong focus and initiatives on the following areas is likely toaddress the realities of flexible and digital work practices,performance-based pay differentiation, and comprehensive workforce well-being. Willis Towers Watson's latest Salary Budget Planning Report •Manufacturing and emerging industries (for example, semiconductorsand electronics) stability for future growth. India’s economic growth:paving positive opportunities for employment and salaries. •According to CRISIL, the Indian economy could well cross the $5 trill