Employees at India Inc had a good fiscal this time with median salaries recording double digit growth in 2017-18.
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Employees at India Inc had a good fiscal this time with median salaries recording double digit growth in 2017-18. “The salary growth we have all been looking forward too is now happening in our country,” said Rituparna Chakraborty, co-founder and executive VP, TeamLease Services.
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In its report, ‘Jobs & Salaries Primer Report (FY2017-18)’, TeamLease Services said a double digit salary growth (minimum 10% and maximum of 15% hikes) were seen during last fiscal.
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Some profiles offered significantly high salary growth like certified ethical hacker in telecommunications (18.16%) and embedded technologies engineer in power & energy (17.29%), wellness advisor in healthcare & pharmaceuticals (16.27%) and merchant relations executive in e-commerce with (16.19%).
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Across 17 sectors and nine cities, nine sectors have indicated double digit growth, while seven cities have also shown positive outlook towards salary growth.
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E-commerce sector in Bangalore (maximum 15.37%) and educational services sector in Mumbai (maximum 14.55%) exhibited the maximum salary growth across sectors.
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As per the report, top paymasters who offer greater than 13% salary growth are e-commerce and tech startups, educational services, healthcare and pharmaceuticals, IT, media and entertainment, power and energy, retail and telecommunications.
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The bottom paymasters (those who offer less than 13% salary rise), are agriculture and agrochemicals, automobile & allied, BPO, construction & real estate, hospitality, industrial manufacturing & allied.
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