Latest news with #PayMap
Time of India
8 hours ago
- Business
- Time of India
India's new salary story is being written outside the biggest metros: Here's what professionals must know
The most promising growth stories are playing out beyond the traditional economic centres, finds Indeed's inaugural PayMap survey, which reveals a significant shift in India's salary landscape The glitzy skylines of Delhi, Mumbai, and the biggest metros once allured aspiring youngsters from niche regions, not for the ivory towers or the lavish lifestyle they flaunted, but for the career opportunities they laid out on a silver platter. However, that legacy now appears to be cracking from within. Indeed's latest PayMap Survey 2025 reveals that emerging cities are rapidly outpacing legacy metros, not just in terms of livability, but in raw compensation. The survey has also exposed the widening fault lines in the country's economic geography, with a new salary script unfolding in cities like Chennai, Hyderabad, and Ahmedabad. This raises critical questions: Is the authority of traditional economic harbours diminishing? And is a new wave of change now in sight? Where the money really is: Emerging salary hotspots Conducted among 3,842 respondents, including 1,311 employers, the new survey paints a clear picture: Compensation growth is no longer monopolised by megacities. In fact, the biggest gains are appearing elsewhere, often in quieter corners of India that until recently remained overshadowed in the wage conversion. City 0–2 Years 2–5 Years 5–8 Years Chennai ₹30,100 ₹46,600 ₹66,400 Hyderabad ₹28,500 ₹47,200 ₹69,700 Ahmedabad ₹27,300 ₹46,200 ₹69,000 Bengaluru ₹28,400 ₹46,000 ₹67,100 Chandigarh ₹26,300 ₹45,500 ₹68,400 Mumbai ₹28,500 ₹45,700 ₹66,400 Kolkata ₹27,400 ₹44,900 ₹66,000 Pune ₹27,200 ₹44,600 ₹65,500 Delhi ₹26,300 ₹43,600 ₹64,400 Source: Indeed PayMap Survey 2025 The shift is undeniable. Chennai now tops the chart for entry-level pay. Hyderabad dominates the senior compensation bracket. Ahmedabad is pushing ahead with a strong prowess across levels, offering metro-level salaries with notably lower costs of living. This trend, as Sashi Kumar, Head of Sales at Indeed India, points out, is not accidental. 'The salary dynamics are shifting, and employees are increasingly prioritising cities where compensation aligns with both the cost of living and career potential. The observation is not only offering you a strategic insight, but it also reflects and resonates a deeper shift in how talent is being weighed in cities. The trends put a spotlight on the fact that employers have started realising that talent does not only dwell in the metros, but in other arenas of the country as well. In an age of remote flexibility and lifestyle recalibration post-COVID, the race is no longer to the nearest skyscraper. Cracks in the metro myth The metros have long enjoyed being the monopolies of fat paycheques; they are now becoming economic traps. A massive 96% of Delhi workers say their pay cannot match their living costs, according to the survey. Mumbai follows at 95%, Pune at 94%, and Bengaluru at 93%. These are not isolated sentiments; they mark a systemic unraveling of the 'big city = big bucks' equation. On the other hand, Hyderabad, Ahmedabad, Kolkata, and Chennai have emerged as cities where pay and lifestyle maintain a healthier equilibrium, providing financial breathing space that metros no longer offer. Not surprisingly, nearly 7 in 10 employees are now reluctant to relocate, not only because of financial constraints, but also due to practical and emotional strain. The aspirational appeal of metro migration has dimmed, replaced by pragmatism and self-preservation. Sector spotlight: Where pay is catching fire Some of the most rewarding pay scales are now being seen in sectors that have strategically aligned with India's digital and manufacturing ambitions: Sector 0–2 Years 5–8 Years IT/ITeS ₹28,600 ₹68,900 Manufacturing ₹28,300 ₹68,200 Telecommunications ₹28,100 ₹67,700 E-commerce ₹27,700 ₹66,900 Logistics ₹27,600 ₹66,500 Healthcare & Pharma ₹27,400 ₹66,000 BFSI ₹27,300 ₹65,900 Automobile ₹27,000 ₹65,200 Source: Indeed PayMap Survey 2025 In a welcome shift, UI/UX professionals are now drawing paychecks equivalent to traditional developers, at ₹65,000 per month for those with 5–8 years of experience. The highest-paid job families? Product and Project Management roles, commanding up to ₹85,500 monthly at mid-senior levels, the result of India Inc. betting on outcomes, not just execution. The bottom line: India's salary story has new authors What emerges from Indeed's PayMap isn't just a list of better cities; it's a reminder that the old playbook is obsolete. The future of employment and earnings in India is no longer metro-centric. It's distributed. It's rational. And, most importantly, it's fairer. If India wants to make its growth story inclusive and sustainable, then recognising the rise of these new salary centres isn't just necessary, it's overdue. For a generation that was once told to 'make it in Mumbai,' the new mantra could well be 'grow in Ahmedabad' or 'thrive in Chennai.' The map has changed, and with it, the face of the workspace and corporate wall colours are changing too. Is your child ready for the careers of tomorrow? Enroll now and take advantage of our early bird offer! Spaces are limited.
Economic Times
10 hours ago
- Business
- Economic Times
IT remains the highest-paying sector in India
The IT and IT-enabled services (ITeS) sector remains at the top of the salary charts across all experience levels, according to global job search and hiring platform Indeed's PayMap survey. Freshers in tech roles are earning up to Rs 28,600 a month, while those with five to seven years of experience are taking home around Rs 68, report noted that this upward trend is largely fuelled by the high demand for digital and AI-driven roles. Beyond tech, manufacturing and telecom are the other two sectors showing strong salary growth. Entry-level salaries in these sectors hover between Rs 28,100 and Rs 28,300, while professionals with five to eight years of experience earn between Rs 67,700 and Rs 68,200. Across job types, entry-level roles, ranging from software development to HR engineering, typically offer monthly salaries between Rs 25,000 and Rs 30,500. Product and project management roles lead the pack in terms of pay across industries, with professionals in the 5-8 years experience bracket earning up to Rs 85,500 per UI/UX design roles are now matching traditional tech roles such as software development, with senior professionals earning up to Rs 65,000 a findings are based on responses from 1,311 employers and 2,531 employees, and aim to shed light on evolving salary benchmarks, sectoral trends and worker sentiment in the post-pandemic economy. City-wise: New career hotspots Indeed's report also highlights a shift in salary growth patterns across cities. Hyderabad, Chennai, and Ahmedabad have emerged as new hotspots for competitive pay, outpacing the more established job markets in India. These cities are seeing faster salary growth than the average salary increase of 15% across the country.'Salary dynamics are shifting, and employees are increasingly prioritising cities where compensation aligns with both cost of living and career potential,' said Sashi Kumar, head of sales at Indeed India. 'Our data shows that growth is no longer confined to just the biggest metros, opportunity is becoming more distributed.'However, while salaries are rising, many workers still feel financially squeezed. The survey found that 69% of employees believe their income isn't keeping up with the cost of living in their cities. This feeling is especially strong in high-cost metros Delhi (96%), Mumbai (95%), Pune (94%), and Bengaluru (93%).On the other hand, Chennai, Hyderabad, Ahmedabad, and Kolkata are seen as more affordable, offering a better balance between earnings and everyday expenses. Elevate your knowledge and leadership skills at a cost cheaper than your daily tea. Can this cola maker get back bubble valuation pricked by Ambani? Darkness at noon: Can this reform succeed after failing four times? Zepto has slowed, and Aadit Palicha needs more than a big fund raise to fix it Why Sebi must give up veto power over market infra institutions Stock Radar: SBI stock breaks out from Symmetrical Triangle pattern; what should investors do with this Sensex stock? These mid-cap stocks with 'Strong Buy' & 'Buy' recos can rally over 25%, according to analysts Multibagger or IBC - Part 13: This auto ancillary helps power Chandrayaan-3 and makes the 'glue' that holds cars together Buy, sell or hold: Antique maintains a hold on JSW Steel; Nuvama sees over 15% upside in Apollo Hospitals
Time of India
10 hours ago
- Business
- Time of India
IT emerges as highest-paying sector in India
The IT and IT-enabled services (ITeS) sector remains at the top of the salary charts across all experience levels, according to global job search and hiring platform Indeed's PayMap survey. Freshers in tech roles are earning up to Rs 28,600 a month, while those with five to seven years of experience are taking home around Rs 68, report noted that this upward trend is largely fuelled by the high demand for digital and AI-driven tech, manufacturing and telecom are the other two sectors showing strong salary growth. Entry-level salaries in these sectors hover between Rs 28,100 and Rs 28,300, while professionals with five to eight years of experience earn between Rs 67,700 and Rs 68, job types, entry-level roles, ranging from software development to HR engineering, typically offer monthly salaries between Rs 25,000 and Rs 30, and project management roles lead the pack in terms of pay across industries, with professionals in the 5-8 years experience bracket earning up to Rs 85,500 per UI/UX design roles are now matching traditional tech roles such as software development, with senior professionals earning up to Rs 65,000 a findings are based on responses from 1,311 employers and 2,531 employees, and aim to shed light on evolving salary benchmarks, sectoral trends and worker sentiment in the post-pandemic report also highlights a shift in salary growth patterns across cities. Hyderabad, Chennai, and Ahmedabad have emerged as new hotspots for competitive pay, outpacing the more established job markets in India. These cities are seeing faster salary growth than the average salary increase of 15% across the country.'Salary dynamics are shifting, and employees are increasingly prioritising cities where compensation aligns with both cost of living and career potential,' said Sashi Kumar, head of sales at Indeed India. 'Our data shows that growth is no longer confined to just the biggest metros, opportunity is becoming more distributed.'However, while salaries are rising, many workers still feel financially squeezed. The survey found that 69% of employees believe their income isn't keeping up with the cost of living in their cities. This feeling is especially strong in high-cost metros Delhi (96%), Mumbai (95%), Pune (94%), and Bengaluru (93%).On the other hand, Chennai, Hyderabad, Ahmedabad, and Kolkata are seen as more affordable, offering a better balance between earnings and everyday expenses.
Time of India
11 hours ago
- Business
- Time of India
IT remains the highest-paying sector in India
Academy Empower your mind, elevate your skills The IT and IT-enabled services (ITeS) sector remains at the top of the salary charts across all experience levels, according to global job search and hiring platform Indeed's PayMap survey. Freshers in tech roles are earning up to Rs 28,600 a month, while those with five to seven years of experience are taking home around Rs 68, report noted that this upward trend is largely fuelled by the high demand for digital and AI-driven tech, manufacturing and telecom are the other two sectors showing strong salary growth. Entry-level salaries in these sectors hover between Rs 28,100 and Rs 28,300, while professionals with five to eight years of experience earn between Rs 67,700 and Rs 68, job types, entry-level roles, ranging from software development to HR engineering, typically offer monthly salaries between Rs 25,000 and Rs 30, and project management roles lead the pack in terms of pay across industries, with professionals in the 5-8 years experience bracket earning up to Rs 85,500 per UI/UX design roles are now matching traditional tech roles such as software development, with senior professionals earning up to Rs 65,000 a findings are based on responses from 1,311 employers and 2,531 employees, and aim to shed light on evolving salary benchmarks, sectoral trends and worker sentiment in the post-pandemic report also highlights a shift in salary growth patterns across cities. Hyderabad, Chennai, and Ahmedabad have emerged as new hotspots for competitive pay, outpacing the more established job markets in India. These cities are seeing faster salary growth than the average salary increase of 15% across the country.'Salary dynamics are shifting, and employees are increasingly prioritising cities where compensation aligns with both cost of living and career potential,' said Sashi Kumar, head of sales at Indeed India. 'Our data shows that growth is no longer confined to just the biggest metros, opportunity is becoming more distributed.'However, while salaries are rising, many workers still feel financially squeezed. The survey found that 69% of employees believe their income isn't keeping up with the cost of living in their cities. This feeling is especially strong in high-cost metros Delhi (96%), Mumbai (95%), Pune (94%), and Bengaluru (93%).On the other hand, Chennai, Hyderabad, Ahmedabad, and Kolkata are seen as more affordable, offering a better balance between earnings and everyday expenses.
