HYDERABAD: Move over Bengaluru, Mumbai, and Delhi. Hyderabad, Chennai, Chandigarh and Ahmedabad have emerged as the new career compensation hotspots, with Hyderabad leading the pack in offering the highest mid-senior level salaries and Chennai on the entry-level packages front, Indeed’s maiden PayMap survey found.
According to the study, professionals in Hyderabad are earning an average of Rs 69,700 per month at the 5-8 year experience bracket, while freshers in Chennai (0-2 years experience) are earning around Rs 30,100 across sectors.The study, which surveyed 1,311 employers and 2,531 employees, found that 69% of employees feel that their incomes have not kept pace with the cost of living in their city. The disparity is highest in metros such as Delhi (96%), Mumbai (95%), Pune (94%), and Bengaluru (93%), while cities such as Hyderabad, Chennai, Ahmedabad, and Kolkata are still perceived as more affordable.Indeed pointed out that while employees across the country saw an average salary increase of nearly 15% 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 the cost of living and career potential,” said Sashi Kumar, head of sales, Indeed India. When it comes to a sectoral perspective, the survey found that the IT/ITeS sector continues to dominate the salary landscape across all experience levels.
