Moving up |
||||||||
Experience u |
<2 Years |
2.15 Years |
5.110 Years |
>10 Years |
||||
Salary Range |
2006 |
2007 |
2006 |
2007 |
2006 |
2007 |
2006 |
2007 |
Annual Salary |
%of Employees |
|||||||
Less than Rs 2 lakh |
20.7 |
14.1 |
10 |
6.9 |
4.9 |
3.2 |
2.9 |
2.1 |
Rs 23 lakh |
52.4 |
46.6 |
18.8 |
11.0 |
5.1 |
3.5 |
4.6 |
3.4 |
Rs 3.14.5 lakh |
21.7 |
30.5 |
42.1 |
35.9 |
13 |
9.8 |
12.8 |
4.2 |
Rs 4.66 lakh |
2.7 |
4.8 |
17 |
27.9 |
22.8 |
15.8 |
8.8 |
6.4 |
Rs 6.18 lakh |
1.2 |
2.5 |
7.4 |
14.0 |
26.1 |
25.3 |
12.2 |
9.6 |
Rs 8.110 lakh |
0.3 |
0.5 |
1.9 |
3.1 |
13.3 |
21.3 |
12.0 |
13.6 |
Rs 10.115 lakh |
0 |
0.8 |
1 |
1.0 |
11.4 |
17.0 |
21.0 |
26.0 |
Rs 15.125 lakh |
0 |
0.2 |
0.2 |
0.2 |
2.3 |
3.6 |
19.3 |
25.6 |
Rs 25.135 lakh |
0 |
0.0 |
0 |
0.0 |
0.1 |
0.2 |
3.9 |
6.9 |
More than Rs 35 lakh |
0.1 |
0.0 |
0 |
0.0 |
0.20 |
0.1 |
0.5 |
2.2 |
Average |
3.0 |
3.2 |
3.9 |
4.4 |
7.5 |
7.8 |
13.0 |
14.7 |
Source: The 20 "DQ-IDC BES 20" Best Employer Companies in 2006 & 2007, for the detailed |
||||||||
As the industry matured a bit more, employees got pushed into higher salary bands. For instance, take the youngest group: the under-2-years experience bracket. Only 14% of this group stayed under Rs 2 lakh, vs 21% last year, and 47% stayed in the Rs 2-3 lakh range vs 52% last year. And 31% of this young group is up in the Rs 3 to 4.5 lakh band, compared to just 22% last year. This trend is reflected in the higher experience bands too |
Latest news
- Why SVB Collapse and Global Banking Crisis Could Prove to be Good for Markets
- Artificial Intelligence Job Openings in India Offer Salary of Rs 10 Lakhs
- Differentiating your brand in the age of ChatGPT
- Unlocking the next frontier of growth with the modern FinTech Stack
- Does India Need to Reform its Public Test Structure?
- CBSE Session 2023-2024 to Use National Curriculum Framework for Foundation Stage from Nursery to Grade II
- myTVS Drives Business Performance with Oracle Fusion Cloud Applications
- Embracing Azure Cloud: How Indian Companies are Upskilling Their IT Staff to Drive Digital Transformation
- Interest in digital banking: Not limited to Millennials and Gen Z customers
- ChatGPT Plus with GPT 4 Now Available in India: Price and Other Benefits
Leave a Reply