Bangalore is highest paying city in India; Is yours on list?
Bangalore is the highest paying city in the country, while pharma and healthcare is the highest paying industry for talent in India, says a report.
Bangalore is the highest paying city in the country, while pharma and healthcare is the highest paying industry for talent in India, says a report. According to Randstad Insights, the research and analysis division of Randstad India, the average annual cost to company (CTC) for talent across all levels and functions in Bangalore stood at Rs 10.8 lakh per annum.
According to Randstad Insights, the research and analysis division of Randstad India, the average annual cost to company (CTC) for talent across all levels and functions in Bangalore stood at Rs 10.8 lakh per annum.
Bangalore is followed by Pune at Rs 10.3 lakh, NCR and Mumbai Rs 9.9 lakh and Rs 9.2 lakh, respectively. Chennai (Rs 8 lakh), Hyderabad (Rs 7.9 lakh) and Kolkata (Rs 7.2 lakh) are the other three names on the list of Indian cities paying the highest average salaries for professionals.
The report further noted that professionals from the pharma and healthcare industries are paid the highest in India with an average annual CTC of Rs 9.6 lakh across all levels and functions.
FMCG, is the third highest paying industry with an average CTC of Rs 9.2 lakh. The IT sector, offering an average annual CTC of Rs 9.1 lakh and infrastructure, real estate and construction at Rs 9.0 lakh take the fourth and fifth position in the list as India's most lucrative industries for professionals.