Chennai emerging new salary hotspot for freshers: Report
The report, based on job portal Indeed's inaugural PayMap Survey on responses from 1,311 employers and 2,531 employees, aimed to understand evolving salary benchmarks, sectoral trends, and worker sentiment in a post-pandemic economy.
It showed that cities like Chennai, Hyderabad, and Ahmedabad are emerging as new hotspots for career-driven compensation growth.
Chennai leads the entry-level salary chart, with freshers (0-2 years) earning Rs 30,100 per month across sectors. Hyderabad, on the other hand, offers the highest mid or senior-level salaries, with professionals earning up to Rs 69,700 per month at the five-eight years of experience mark., the report said.
It noted that although employees across the country have seen an average salary increase of nearly 15 per cent in the past year, the most promising growth stories are playing out beyond the traditional economic centres.
'The salary dynamics are shifting, and employees are increasingly prioritising cities where compensation aligns with both cost of living and career potential. Our data shows that growth is no longer confined to just the biggest metros, opportunity is becoming more distributed,' said Sashi Kumar, Head of Sales at Indeed India.
The survey also indicates that 69 per cent of employees feel their income doesn't keep pace with the cost of living in their city.
This disparity is most pronounced in high-expense metros such as Delhi (96 per cent), Mumbai (95 per cent), Pune (94 per cent), and Bangalore (93 per cent).
Meanwhile, cities like Chennai, Hyderabad, Ahmedabad, and Kolkata are perceived as more affordable, offering relatively better financial breathing room.
At a sector level, IT/ITeS continues to dominate the salary landscape across all experience levels, driven by the ongoing demand for digital and AI-led roles.
Freshers across job roles, varying from Software Development to HR engineers, earn an average salary between Rs 25,000 to Rs 30,500, the report said.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Indian Express
34 minutes ago
- Indian Express
Jal Jeevan tender premium stopped, says Patil, flags ‘needless waste'
Amid concerns in sections of the government that work contracts have been inflated in some states under the Jal Jeevan Mission (JJM), Jal Shakti Minister C R Patil has said that the Centre has stopped the payment of tender premium under the rural tap water scheme — tender premium refers to the additional amount a bidder quotes, higher than the government's approved cost. Responding to a question at the Idea Exchange programme of The Indian Express (a detailed transcript of the interaction will be published next week), Patil said, 'Tender premium ka bhugtan humne rok diya hai. Jo thha, jo gaya hoga woh alag baat hai, magar jo naya hai usse poori tarah hamne rok diya hai. (We have stopped the payment of tender premium. What was there, what has gone is a different matter, but what is new has been completely stopped).' He said once the tender process is over, there should not be any facility like tender premium thereafter. 'We feel money is unnecessarily wasted,' he said. Patil said there will not be a provision for payment of tender premium in the new JJM guidelines to be announced for the next phase of the programme — the government has announced extension of the JJM until 2028. His remarks come at a time when sections of the government have expressed concern that JJM work contracts were inflated in some states. Earlier this year, an Expenditure Secretary-led panel recommended a 46 per cent cut in the Jal Shakti Ministry's proposal seeking Rs 2.79 lakh crore for completing the mission over four years ending December 2028. The payment of tender premium was prohibited in the original JJM guidelines. The 'Operational Guidelines for the Implementation of Jal Jeevan Mission: Har Ghar Jal', issued in December 2019, clearly stated that all schemes sanctioned under JJM would be implemented without cost and time overrun. 'In case of any cost escalation beyond the approved cost, it will have to be borne by the State and UTs with legislature concerned and no additional expenditure out of Central share will be permitted,' the guidelines stated. The 2019 guidelines also listed the tender premium in the 'Suggestive list of inadmissible expenses'. But in June 2022, the Ministry, with the approval of 'competent authority', made a crucial change in these guidelines. The Ministry defined the 'approved cost' and deleted 'tender premium' from the suggestive list of inadmissible expenses. 'The 'approved cost' for this purpose shall be the cost as discovered through an open, transparent and competitive bidding process as per prevailing Rules,' stated the amended guidelines circulated to the states on June 21, 2022. The new guidelines also stated that wherever such 'approved cost' was 10% to 25% more than the estimated cost at which the tender for a project/scheme was invited, approval by the Head of the State Level Scheme Sanctioning Committee (SLSSC) would have to be taken before award of work. Wherever such 'approved cost' was over 25% more than the estimated cost at which the tender for a project/scheme was invited, approval by the Head of the Apex Committee of the state Water and Sanitation Mission would have to be taken before award of the work, the guidelines stated. On May 21 this year, The Indian Express reported that an investigation of the data uploaded by states and UTs on the Jal Jeevan Mission dashboard showed that these crucial changes in the JJM guidelines three years ago lifted the check on expenditure, and led to cost escalations. This resulted in additional costs totalling Rs 16,839 crore for 14,586 schemes, an increase of 14.58 per cent from their estimated cost. Since the launch of the JJM in 2019, 6.4 lakh water supply schemes with total estimated cost of Rs 8.29 lakh crore – more than double of the scheme's original outlay of Rs 3.60 lakh crore (Centre: Rs 2.08 lakh crore, States:1.52 lakh crore) – have been approved by the states. To meet the additional requirement of funds, the Ministry had approached the Expenditure Finance Committee, headed by the Expenditure Secretary, to approve Rs 2.79 lakh crore additional Central funding over and above Rs 2.08 lakh crore. But the EFC recommended only Rs 1.51 lakh crore as the Central share, 46 per cent lower than what was sought by the Ministry. Harikishan Sharma, Senior Assistant Editor at The Indian Express' National Bureau, specializes in reporting on governance, policy, and data. He covers the Prime Minister's Office and pivotal central ministries, such as the Ministry of Agriculture & Farmers' Welfare, Ministry of Cooperation, Ministry of Consumer Affairs, Food and Public Distribution, Ministry of Rural Development, and Ministry of Jal Shakti. His work primarily revolves around reporting and policy analysis. In addition to this, he authors a weekly column titled "STATE-ISTICALLY SPEAKING," which is prominently featured on The Indian Express website. In this column, he immerses readers in narratives deeply rooted in socio-economic, political, and electoral data, providing insightful perspectives on these critical aspects of governance and society. ... Read More
Time of India
an hour ago
- Time of India
Tajbagh beautification: Phase 1 completed, NMRDA awaits Rs 95.87 crore for phase 2
1 2 Nagpur: The Nagpur Metropolitan Region Development Authority (NMRDA) has almost completed the Rs 132.49 crore phase 1 of the Tajbagh renovation and beautification project and is now awaiting Rs 95.87 crore to start phase 2 of the project. Under the first phase, NMRDA strengthened and beautified the main dargah, constructed a shopping complex, a choti dargah, shops, and other structures, including marble flooring. According to NMRDA sources, Phase 1 of the project received Rs 132.49 crore administrative approval, out of which the agency received Rs 128.95 crore, while Rs 3.54 crore is pending. Out of the received funds, NIT spent Rs 127.50 crore and almost completed the works, with some work on the shopping complex and sandal room still pending. "Excluding the works on the encroached land, all other development works have been completed and handed over to the Hazrat Baba Tajuddin Trust. The inauguration of the project took place in November 2022. Subsequently, encroachment on the project land was removed, and the Hazrat Baba Tajuddin Trust made the land available. Accordingly, a tender for the remaining work was floated, and a work order for Rs 5.49 crore was issued to the contractor in October 2023. The deadline for completion of the work is set for March 2025, but it is still under way," said NMRDA sources. The proposal for the approval of the Detailed Project Report (DPR) Phase 2, worth Rs 224 crore, was submitted to the planning department in December 2022. NIT sources said that the proposal was approved in the district-level committee meeting held in March 2024. It was then forwarded to the govt for a final approval. The high-powered committee, in its meeting in March 2025, approved the revised proposal amounting to Rs 95.18 crore, which includes 18% Goods and Services Tax (GST) on the Rs 66.58 crore plan, along with 25% for other related components. NIT sources said that several components from the earlier proposal were dropped, including the entry gate on Umred Road, shopping complex, auditorium, e-library, housing scheme, and others. "Some of the important works approved included a boundary wall around the trust's 84-acre land, toilets, and decoration of the wall near the main Dargah, which will be done in the second phase after receiving funds from the govt," said sources.
Time of India
an hour ago
- Time of India
Centre committed to overhaul Jharkhand's infra; will implement Rs 2 lakh cr-projects: Nitin Gadkari
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Union Minister Nitin Gadkari on Thursday said the Centre is committed to augment Jharkhand's infrastructure, and it would implement projects worth Rs 2 lakh crore in the Union Road Transport and Highways Minister asserted that Jharkhand, which is rich in mineral resources, would see unprecedented growth in the highways sector."I am committed to bolster Jharkhand's infrastructure. I assure the people of implementing Rs 2 lakh crore-worth national highway projects in the state," he said, while addressing a public meeting."We have completed Rs 40,000-crore national highway projects in the state. At present, we are implementing highway projects worth Rs 70,000 crore, while projects worth Rs 75,000 crore are in the pipeline," Gadkari infrastructure was the need of the hour to make India a USD 5-trillion economy in line with Prime Minister Narendra Modi's vision, he said the Rs 36,000-crore Varanasi-Ranchi-Kolkata greenfield corridor will be completed by March 2028, while the Rs 12,800-crore Ranchi-Varanasi economic corridor will be built by January the Rs 31,700-crore six-lane Delhi-Kolkata corridor will be completed by June 2026, he said, adding, the Ranchi-Patna four-lane economic corridor, being built at a cost of Rs 8,900 crore, will see completion by December Union minister said the Rs 16,500-crore Raipur-Dhanbad four-lane economic corridor will be completed by January these projects will significantly reduce the travel time, he also announced a Rs 6,000-crore Ranchi Ring Road project and said that a detailed report on it will be released also announced a large number of projects to develop connectivity to religious and tourist places in Jharkhand, including the popular Baba Baidyanath in two years, the Indian highways will be at par with America's highways in terms of quality, Gadkari asserted.'Logistics cost, too, will be reduced to 9 per cent of GDP by December 2025 from 14 per cent, giving a boost to the economy,' he said till elections, there should be politics but after polls, there should be 'politics of development', hinting at populist measures by Jharkhand's JMM-led also urged the Jharkhand government to address bottlenecks pertaining to land acquisition, clearance from the forest department and other such issues in the state."We will ensure better connectivity between Jharkhand and other states, including Bihar," he the water crisis in parts of Jharkhand with Maharashtra, Gadkari said there is a small mantra to change the scenario."We have changed the situation. NHAI built 1,000 ponds free of cost in Maharashtra. We utilised earth excavated from ponds in building roads and it also led to water conservation. I urge the Jharkhand government to issue a similar order for constructing ponds and we will do it free of cost," he said.A strong infrastructure here will boost employment for locals, said said Jharkhand, which had a national highway network of 2,600 km in 2014, now has a 4,470-km aspirational districts of the state are linked with the national highway network now, he Garhwa, the minister inaugurated a 23-km four-lane highway from Shankha to Khajoori, built at a cost of Rs 1,130 also laid the foundation stone of a Rs 1,330-crore project for four-laning of a 32-km stretch of NH-39 from the Chhattisgarh-Jharkhand inter-state boundary to who arrived in Ranchi in a special flight, went to Garhwa in a helicopter and addressed a public rally was scheduled to arrive in Ranchi from Garhwa on a helicopter, but it was diverted to Gayaji in Bihar due to inclement weather, an official a special aircraft was sent to Gayaji and Gadkari arrived in Ranchi and inaugurated projects worth Rs 3,890 projects launched in the capital included a Rs 1,900 crore Palma-Gumla four-lane, Rs 825-crore Barhi-Koderma four-lane, Rs 100-crore project for Godda, Rs 20-crore project for Giridih and a Rs 70-crore Barahat-Tulsipur, in addition to the Rs 560-crore elevated corridor in Jharkhand, the minister inaugurated and laid the foundation stones of multiple national highway projects worth Rs 6,350 speaking to PTI, Gadkari said, "Jharkhand Chief Minister Hemant Soren informed me that he will not be able to attend today's function as his father Shibu Soren is unwell and is undergoing treatment in Delhi."Officials said Soren extended his gratitude to Gadkari for the invitation to participate in the event."It would have been my privilege to be present on this significant occasion. However, due to the ill health of Shri Shibu Soren ji, I am currently in Delhi attending to his medical care, and hence, will not be able to join the programme," an official quoting Soren's written communication to Gadkari said.
