If you are proficient in programming languages like Golang and C# (C-Sharp) or specialise in Hadoop and machine learning, you will be among the top earners taking home Rs 24-35 lakh.
There has been a 25-30% average increase in salaries being paid between 2019 and 2020 for these profiles, which are used to build high-performance network services, cloud apps, and process big data. And these salary trends are expected to continue in the first quarter of 2021.
According to a study by Randstad, a leading firm in the HR services industry, shared exclusively with TOI, Bengaluru is the highest paying city in salary pay scales across the junior-, mid- and senior-levels with an average salary 16-20% higher than other monitored cities.
Executives in the financial hub, Mumbai, earn 16% less than their counterparts in Bengaluru on an average at the junior level and 13% lesser at mid-level. Mumbai, however, is attractive for senior-level managers, helping them earn an average CTC of nearly Rs 32 lakh, which is only 6% less than what a senior executive would earn in Bengaluru.
Industry-wise, while IT takes the lead in junior-level pay scales, internet & e-commerce figures in the top 5 for junior-, mid- and senior-levels. For a junior-level IT professional, an average salary of Rs 6.1 lakh is 23% higher compared to Rs 5 lakh in 2019. ITeS pays the highest with an average CTC of Rs 39 lakh at senior levels.
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At the senior level, ITeS professionals, who can apply their IT strengths across different verticals such as insurance, finance, banking, and telecommunication, attract the highest salaries. At the mid-level, internet & e-commerce professionals earn the second-highest, with a variance of 11% as compared to the top-paying professional services industry, while at the senior level, they experience a variance of 18% with the top-paying industry, ITeS.
The study is based on Randstad’s internal data on recruitment, covering 8 cities, 8 industries and over 1 lakh jobs.
