What are the lowest and highest salaries for IT jobs in India?

Updated on : January 21, 2022 by Joel Robertson



What are the lowest and highest salaries for IT jobs in India?

Data Science Job Trends in India

Below are trends in data science job postings per million posts on Indeed:

Across India, program managers, project managers, technical architects, and project leaders had the highest average annual salaries. Web designers and customer service engineers have the lowest average salary.

Some roles, like System Security, are more rewarding in the long run, as the average salary increases dramatically with increasing experience. Compared to this, the salary increase is reduced for software engineers and data analysts in the 16-20 year range. Web designers have a comparatively low salary even with an increase in experience.

Thanks for the question ...

Well, I am going to answer this question from a different perspective.

The information technology industry in India is a key part of the country's economy. In 2017, information technology and its various subsectors accounted for nearly eight percent of the nation's overall GDP. In the financial year 2019, this industry in India generated annual revenue close to US $ 180 billion, a significant increase from the revenue generated ten years ago. Most of this income was generated in exports, while domestic income totaled less than 50 billion dollars for the mentioned period.

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Thanks for the question ...

Well, I am going to answer this question from a different perspective.

The information technology industry in India is a key part of the country's economy. In 2017, information technology and its various subsectors accounted for nearly eight percent of the nation's overall GDP. In the financial year 2019, this industry in India generated annual revenue close to US $ 180 billion, a significant increase from the revenue generated ten years ago. Most of this income was generated in exports, while domestic income totaled less than 50 billion dollars for the mentioned period.

What happened? Why aren't IT engineers in India proud enough to be a part of such a big economy? To understand, we have to understand Big Giant S / W service-based IT industries in INDIA like: TCS, Infosis, IBM, Wipro, HCL and Accenture.

  • The IT industry of the big giants in India is mainly focused on services. They serve clients in the US, Europe, UK and Australia primarily. Because you know why? The service / support rate is too lower in INDIA compared to its own local / ground engineers.
  • Every year, companies like TCS hire thousands of newbies for the following reasons:
    • A greater strength of the bank increases the chances of obtaining large projects.
    • Beginner training has always been cost effective compared to seasoned professionals.
    • Hiring new employees in such a mass helps them earn CSR (Corporate Social Responsibility) points.
    • Fresh minds lead to a new approach. Although this is not always true.
    • Newbies can easily be assigned to any kind of mundane tasks. 99.99% will never have objections.
  • There are several IT product development organizations in almost every niche. Personally, I love working for these types of companies.

I feel like below are the main reason why IT jobs are not considered a good job:

  • You are part of a large project / system and you tend to get lost in a man-made ocean. But if you remain patient and hold your horse, you may learn the whole process for years to come. People have no patience.
  • Government work is like a beautiful girl. Everyone yearns for it, but only a few get it. Whereas if you keep putting a lot of effort into yourself, you just might get a Loyal Wife. People are lazy.
  • Fear to fail. Over time, you tend to get addicted to laziness and throw away the precious things in your life: time, discussing non-essential things, and complaining about others. They don't want to get out of their comfort zone, pushing them into the Fear of Failure zone.
  • Trend. In most states in India, government occupants get millions of cash and gold in dowry. Who doesn't want easy money? Sadly, but most people want to be a part of those life-taking trends. I do not know why?
  • Work-life balance: In a government job, you'll end up working at 5 or 6 p.m. M. On point. Where in the private sector, you can end up working at 10 or 11 pm. And the family? Do you think you will have a balance between work and life? Not every day will be the same in private life, it is better that you learn to balance work life.
  • Struggle: There must be a constant struggle in your life. The fight makes you grow. You don't fight, you don't grow.
  • Dream: you have a dream. You have to protect it. People can't do something for themselves, they want to tell you that you can't do it. If you want something, go and get it. Period. People stop dreaming
  • Easy and peaceful life: government work is peaceful, but at the same time comes accompanied by boredom. On the other hand, private jobs are stressful and can bring a lot of excitement together.

You never have to choose between a good apple and a bad one. You will surely choose a good apple, so where is the choice? It is when you have to choose between an apple and an orange. So choose wisely as you are a rare talent.

Life without IT and its continuous innovations is unimaginable. Be proud to be a part of such a great economy and keep striving for your learning.

One Life - Stand up and shine.

~ Shakun

You have already received many responses and everyone seems to think that it is a good salary. Some have given investment advice, while others have talked about the cost of living in Pune and some have expressed their envy.

However, none of the answers seem to have addressed your basic anxiety about what happens if you get laid off and your concern that your business is a small business. It seems to me that I have the impression that you have been working in the same company for quite some time. If not, you would have known what the market pays for your experience and skill set.

My advice would be to move on.

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You have already received many responses and everyone seems to think that it is a good salary. Some have given investment advice, while others have talked about the cost of living in Pune and some have expressed their envy.

However, none of the answers seem to have addressed your basic anxiety about what happens if you get laid off and your concern that your business is a small business. It seems to me that I have the impression that you have been working in the same company for quite some time. If not, you would have known what the market pays for your experience and skill set.

My advice would be to move on. In your line of work, being in a company for too long is not conducive to personal growth, either in terms of money or skills. In general, working in the same company as a small company restricts your learning and the development of self-confidence. You must show up for some job interviews. You will get to know the market, you will gain self-confidence, you will likely have the opportunity to learn something new. If possible, you need to do a season with a larger and more well-known group. You need to add brand value to your CV.

An acquaintance of mine was working for a small business in California since he dropped out of college. His company decided to reduce its workforce and he lost his job. Until that time, it had not applied anywhere else. I was shocked. The first few interviews went wrong, but she realized there was a pattern to the interviews. He prepared accordingly, received an offer from a large company in Seattle that tried to exploit his unemployment status, refused, and got a better offer from a small company in the Bay Area. He worked there, moved to a bigger Company a year later, an even bigger Company the next year and after 6 years of experience, he started receiving offers and inquiries from former bosses and headhunters without even having to apply. first. Now, 10 years after you got fired from your first job and 5 jobs later, you've received a job offer that is almost 5 times higher than your first job and 40% higher than your current job, which in American terms is pretty phenomenal. and all because with each successive job he improved his skills and gained confidence in himself. The truth is that this time as he was not looking for a change, he asked for a much higher salary than he expected and to his surprise the company accepted because it seems that this is what they expected to pay at that level anyway. which in American terms is quite phenomenal and all because with each successive job he improved his skills and gained confidence in himself. The truth is that this time as he was not looking for a change, he asked for a much higher salary than he expected and to his surprise the company accepted because it seems that this is what they expected to pay at that level anyway. which in American terms is quite phenomenal and all because with each successive job he improved his skills and gained confidence in himself. The truth is that this time as he was not looking for a change, he asked for a much higher salary than he expected and to his surprise the company accepted because it seems that this is what they expected to pay at that level anyway.

The moral of the story is that you have to go out to the market and shop around. How can you know your true value unless you try?

ANSWER 1:

Top 10 highest paid jobs in India

1. Management professionals

Their role is to manage a particular set of tasks for the organization.

Management professionals are the lifeblood of any organization. Their role is to manage a particular set of tasks for the organization. This involves a lot of hard work at the entry level. Once this level is crossed, there is no going back. Professionals at higher levels can demand large amounts.

Entry level: Rs
3.00,000 Mid-career: Rs 25,00,000
Experienced: Rs 80,00,000

2. Investment bankers

They deal only with money and are nicknamed "Money Man".

Investment

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ANSWER 1:

Top 10 highest paid jobs in India

1. Management professionals

Their role is to manage a particular set of tasks for the organization.

Management professionals are the lifeblood of any organization. Their role is to manage a particular set of tasks for the organization. This involves a lot of hard work at the entry level. Once this level is crossed, there is no going back. Professionals at higher levels can demand large amounts.

Entry level: Rs
3.00,000 Mid-career: Rs 25,00,000
Experienced: Rs 80,00,000

2. Investment bankers

They deal only with money and are nicknamed "Money Man".

Investment bankers raise capital for the business and provide financial advice. They deal only with money and are nicknamed "Money Man".

Entry Level - Rs 12,00,000
Middle Career - Rs 30,00,000
Experienced - Rs 50,00,000+

3. Public accountants

This is one of the most respected jobs in India.

Public accountants must have command of business and accounting. They have to be extraordinarily well groomed. This is one of the most respected jobs in India.

Entry Level - Rs 5,50,000
Middle Career - Rs 12,80,000
Experienced - Rs 25,70,000

4. Professionals in the oil and natural gas sector-

This is an industry that makes huge profits.

This is an industry that makes huge profits. Some of the best known professions in this sector include geologists, marine engineers, etc.

Experienced - Rs 15-20 lakhs with all other benefits.

5. Business analyst

Business analysts are vital for any organization to analyze the competition in the market.

With the increasing competition among companies in India, business analysts are vital for any organization to analyze the competition in the market. For this field, companies prefer people with high IQs and logical minds. Business analysts are expected to be well versed in mathematical concepts, open to learning new technology platforms, and have enough knowledge to fill in the gaps in understanding using their keen business sense.

Approximate income: more than 6 lakhs per year at entry level

6. Medical professionals

This profession promises constant professional growth with minimal obstacles to salary.

There is never a recession in the medical field. This profession promises constant professional growth with minimal obstacles to salary.


Average Salary:
General Practitioner - Rs 4,80,000 General Surgeon - Rs 8,10,000
Physician - Rs 17,00,000

7. Aviation professionals

Salaries for aviation professionals go up to Rs 20 lakhs.

The sky is the limit for professionals working in this sector. Salaries for aviation professionals go up to Rs 20 lakhs.

Average Income:
Commercial Pilot - Rs 20,00,000
Helicopter Pilot - Rs 18,00,000
Aircraft Maintenance Engineer - Rs 9,80,000

8. Legal professionals

Top-notch attorneys can demand high packages for a single argument.

Famous lawyers have denied the position of judges in the courts only to hang on to their income as lawyers. Lawyers require high levels of education, patience, and communication skills. Top-notch attorneys can demand high packages for a single argument.

Average Salary:
Corporate Lawyer-
6,10,000 Senior Lawyer- 9,50,000

9. Marketing-

A professional with in-depth knowledge of marketing can become the CEO of a company.

Marketing is an art. If one learns the arts, he can join the list of top-tier professionals in India. A professional with in-depth knowledge of marketing can become the CEO of a company.

Average Salary:
Entry Level - Rs 1,50,000
Mid-career - Rs 5,00,000
Experienced - Rs 10,00,000+

10. IT and software engineers

These professionals work around the design, implementation and management of the system.

This is an everlasting profession that pays very well. You have to be very good with computers and computer language. These professionals work around the design, implementation and management of the system.

Average Salary:
Entry Level - Rs 3,50,000
Middle Career - Rs 8,30,000
Experienced - Rs 15,50,000

ANSWER 2:

Top 10 highest paying jobs in India that will continue to be the most in demand

1. Chief Risk Officer: The role of CRO has always been underestimated in Indian banks and NBFCs, and even today a number of financial institutions do not appoint a CRO as a member of their executive team. The increase in NPAs and fraud, both in public and private financial institutions, clearly shows the weakness of the risk management function in these institutions. India seriously lacks the talent pool of dedicated risk professionals, as most of them prefer to move into business roles to advance their careers. With the increasing demand for CROs, this role will become one of the most powerful and sought after roles in the financial services industry. CROs with expertise in big data and analytics and the use of technology in building risk management models will be in high demand. As organizations strengthen their risk management teams,

2. CFO: Traditionally a key role, it has become even more critical for organizations with the new Companies Law imposing more personal responsibility on CFOs for ensuring the internal control environment and compliance. CFOs with a background in capital restructuring, investor relations, and fundraising are in high demand. In emerging organizations, the role has moved beyond accounting and reporting to a key partner contributing to strategic planning and revenue maximization. With increased scrutiny and personal responsibility, CFO candidates have also become selective in accepting new assignments. CFO salaries have risen to Rs 1–1,

3. Head of R&D: Sectors such as automotive, telecommunications and pharmaceuticals continue to increase their spending on R&D, with demand for R&D professionals at all levels. Demand is expected to increase significantly as global organizations continue to establish and expand their captive R&D centers in India, directly competing for talent with Indian companies. Engine optimization, electric batteries, bodywork are some of the areas where R&D talent is in demand in the automotive sector. Additionally, telecom players are aggressively recruiting professionals with skills in Android and 5G network technologies, while pharmaceutical companies continue to seek R&D talent in cancer, diabetes, and cardio.

4. Company Secretary: The role of the company secretary came into focus only after the new draft of the Companies Act was introduced. For a long time, the position remained in the shadow of the CFO and Chief Legal Officer, resulting in low enrollment, resulting in a large talent shortfall. With the appointment of the Company Secretary as one of three Key Management Professionals (KMPs) in addition to CEO and CFO, the demand for experienced candidates with experience in managing board affairs and knowledge of securities laws has increased exponentially. . The role has also become more visible, with most company secretaries now reporting directly to the chairman of the board or the CEO.

5. Chief Digital Officer - As companies continue to shift more of their marketing budgets to digital and organizations adapt to rapid digitization, the role of the Chief Digital Officer (CDO) is emerging as one of the strongest in recent times, coming out of the shadows. of CIO & CMO, which historically controlled digital initiatives. Little by little, the role is carving out its own place in the organizational structure with CDOs reporting directly to CEOs. The demand for professionals who can lead digital initiatives in an organization is increasing rapidly at the intermediate and higher levels with salaries ranging from Rs 75 lakh to Rs 1.75 cr.

6. CIO: CIOs were never out of demand. The need for progressive CIOs grows even further as organizations strive to leverage emerging technologies such as artificial intelligence, data mining and analytics, and IoT to automate their processes and generate a return on investment on IT investments. . With demand for these CIOs coming from traditional sectors such as textiles, energy, logistics, and automotive, CIOs will continue to be one of the most important jobs for years to come. Average CIO salaries have moved from Rs 75 lakh to Rs 1.5 cr.

7. Legal Advisor - While companies are trying to reduce litigation and legal budgets, the legal and compliance risk is growing and becoming a complex task, forcing companies to hire a trained legal advisor. The focus is shifting from contract management and regulatory compliance to organizational risk management, international arbitrations and settlements, intellectual property protection, and mergers and acquisitions. Due to a limited pool of experienced internal advisers, the average age and experience of legal chiefs has dropped to 14-16 years, while the average salary has increased from 75 lakh rupees to 1.25 cr rupees, which can Get up to Rs 3-4 cr for a large company.

8. Product Manager: The increased demand for Product Manager or Product Manager can be attributed to the huge investments that have been attracted by online businesses and startups in the last 5 years. With constant pressure to get the right product and generate revenue, the demand for seasoned product development professionals has been significant, and the industry is also tapping into the expatriate talent pool from Silicon Valley. Demand from sectors that use technology at its core would continue. Indian startups will also continue to generate demand for this profile, as long as they attract investment. Product manager salaries can range from Rs 1.25 to Rs 5, depending on experience and track record.

9. Cyber ​​and Information Security Professionals: Cyber ​​security and data privacy risks are becoming global, forcing Indian companies to prepare their ability to prevent these attacks. Information security has historically been a key responsibility of the CIO / CTO, but with the increasing risks of sophisticated cyberattacks, the demand for cybersecurity professionals is expected to increase significantly. Sectors such as banks, insurance companies, energy, payment wallets, telecommunications and healthcare, which use and store customer data, are now strengthening their cybersecurity capabilities, generating a demand for mid-to-top level professionals with salaries ranging from Rs 25 lakh to Rs 1.25 cr.

10. Chief Audit Officer: After the introduction of the new Business Bill in 2013, the role of Chief Audit Officer (CAE) has become more prominent and accountable, and the CEO, CFO and Audit Committee they rely heavily on CAE to manage business risks. More and more organizations are establishing a direct reporting relationship between the CAE and the Audit Committee, with organizations requiring audit professionals who are familiar with the management of the Board of Directors, can manage risks and advise management on strengthening of the internal control environment. The average salary of an audit executive director has risen from Rs 75 to Rs 1.2, and large organizations pay their chief auditor between Rs 1.5-2,

Let me tell you something, if you do something for the money, you will quit.

That is all.

In my opinion, you can earn a lot of money from almost any job, but what matters is not how much you earn, but how happy you are.

No matter what people tell you to do, if you don't love it, you won't invest 110% (which is almost a requirement).

I don't know what your values ​​are in life, but you need to figure out what you would love to do every day of your life and THEN find a way to earn money.

So the first step would be to find what you really love and want to do for the rest of your life. (And if you do not like it

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Let me tell you something, if you do something for the money, you will quit.

That is all.

In my opinion, you can earn a lot of money from almost any job, but what matters is not how much you earn, but how happy you are.

No matter what people tell you to do, if you don't love it, you won't invest 110% (which is almost a requirement).

I don't know what your values ​​are in life, but you need to figure out what you would love to do every day of your life and THEN find a way to earn money.

So the first step would be to find what you really love and want to do for the rest of your life. (And if you don't like it anymore, it's okay to switch and do something else.)

Step 2 would be to become irreplaceable. What I mean by that is that most employees tend to be good at only one field. Which makes them very easy to replace (and even more so if it's a competitive field!)

So the idea is to create a skills puzzle where you become the masterpiece of the company and can only climb at the top (if this is what you want).

When I was 16 and discovered that it was possible to make a lot of money online, I was in awe and really wanted to do it.

So I started working as a freelance translator at 17 at Fiverr. I was making some money, but the work was not good. In fact, it was very boring. I wasn't doing it because I loved it, but just for the money (which wasn't so much ahah).

I tried it over and over again for over a year, trying new ideas week after week, not finding anything that could bring me money. While reading about 5 hours a day, every day.

And even the last 2 years were full of failures, it allowed me to learn more than anyone.

Which finally gave me a job 2 months ago.

I started in June 2018 as an intern for 2 weeks, and now I am the COO of the company that gives me more money than 99.9% of people my age.

My work is fantastic and I really love it, it's remote, allowing me to travel the world while making money, and it's really cool.

There is no magic trick.

Do what you love, learn every day, become irreplaceable and be persistent until you get there.

The best career is the one you choose, not the one people tell you to follow. Become the best and you will win everything you want.

A career in the IT industry is fraught with many challenges and uncertainties compared to other engineering industries. The reason is the dynamic nature of the industry where technology, or rather tools and frameworks, is constantly evolving. Change is the only constant in this industry and if your career was here, you will have to navigate with the changes perpetually.

In my observation, races usually follow a bell curve.

The path in the formative years will be upward in terms of employability and money earned. Each year of experience adds to your resume

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A career in the IT industry is fraught with many challenges and uncertainties compared to other engineering industries. The reason is the dynamic nature of the industry where technology, or rather tools and frameworks, is constantly evolving. Change is the only constant in this industry and if your career was here, you will have to navigate with the changes perpetually.

In my observation, races usually follow a bell curve.

The path in the formative years will be upward in terms of employability and money earned. Each year of experience you add to your resume will help you negotiate a better salary package with the next or even current employer. Everything will look perfect until you hit a tipping point.

That tipping point, in my opinion, is the 8 to 9 year experience range. This is the point where the real is tested. If you haven't added those critical skills that are required to propel your career out of the bell curve down the road, your career will take on the natural path.

Employers will evaluate you based on the value you contribute. At the 9-year experience mark, if you are not significantly better than someone with a lower level of experience, the value of the money spent by the employer will be in question. At age 9 or 10, if you are only twice as valuable and effective as another employee at the 2-year experience level, the employer might want to consider two or three of these resources to replace you. The economy will allow it. Your ability to keep your job or find a new one will be seriously impaired if you fall off the natural path.

If an IT professional has to take a path other than the natural one, planning must start long before. In the scenarios that are unfolding in the post-Covid-19 era, this will be even more significant.

You will surely be measured by the value you bring to the table. In short, every year, month, or minute that you add to your resume after the tipping point will be your responsibility if you hadn't planned otherwise.

EDIT: Here's a link to my video on the topic where I talk about routes A, B and C.

It depends on many factors: * Workplace - Subway locations get a higher salary compared to Tier II cities
* Skill set - Niche and cutting edge skills pay more and relatively common skills pay less . It is simply a case of supply-demand at stake
* Employer type: Product companies and internal IT staff are paid higher compared to people in the service industry
* Employer size: Big name service companies they can afford to pay less as people search for their resume branding. Not all ...

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The average salary in IT companies if done at reputed universities like IIT, NSIT, DTU or NIT is around 6-8 lacs for a student who scores slightly below average. For students with more than average, let's say more than 75% can get a good pack over 9, but ultimately, in the interview, it depends on the knowledge that you have accumulated in your 4 years (considering B.Tech). But if you have graduated from a less reputable government university (compared to IITs) like IP UNIVERSITY, the average package a student can get is around 3-6 lacs per year and that is the same for students who they study

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The average salary in IT companies if done at reputed universities like IIT, NSIT, DTU or NIT is around 6-8 lacs for a student who scores slightly below average. For students with more than average, let's say more than 75% can get a good pack over 9, but ultimately, in the interview, it depends on the knowledge that you have accumulated in your 4 years (considering B.Tech). But if you graduated from a less reputable government university (compared to IITs) like IP UNIVERSITY, the average package a student can get is around 3-6 lacs per year and that is the same for students studying at private universities, but if you are exceptionally good at academics, you can get one more package than normal like 8 and above,
Hope it helped.

Most companies have different pay grades to hire new ones and this varies by job category and the university from where new ones are hired.

For example, VLSI / embedded systems / system software related jobs (for ECE / CS) or other basic mechanical / electrical engineering jobs, the payment grade will be higher compared to general IT software such as web development, software application, support, etc.

Also, graduates of level 1/2 universities like IIT, BITS, NIT generally receive a higher salary than graduates of level 3 universities and others.

So coming to your question, you can get 12 laksh per year job if

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Most companies have different pay grades to hire new ones and this varies by job category and the university from where new ones are hired.

For example, VLSI / embedded systems / system software related jobs (for ECE / CS) or other basic mechanical / electrical engineering jobs, the payment grade will be higher compared to general IT software such as web development, software application, support, etc.

Also, graduates of level 1/2 universities like IIT, BITS, NIT generally receive a higher salary than graduates of level 3 universities and others.

So, coming to your question, you can get a 12 laksh job per year if you are graduating from a 1/2 level university in a major company (based on whether you are ECE / EEE / Mech)

Once you enter a job, then everything will depend on your performance.

Sun TV promoters Kalanithi Maran and his wife Kavery Kalanithi with a "salary" of Rs 59.89 crore each in 2013. I don't think there is a salary "package" other than this in India in the public or private sector.

For a non-promoter, it's Vishal Sikka, CEO of Infosys, with a salary of around Rs 30 crore a year.

Indian CEO Salaries Hit New Highs Amid Talent War

Even Mukesh Ambani's "salary" is 15 rupees a year, although he earns a net income of more than 40 million rupees a day;)

And celebrities like Salman Khan earn around 250 crore a year from movies / advertisements.

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