Salary is based on various factors like age, gender, education, experience and location. Before stepping into the corporate world, everyone wants to know the salary range for their particular field.
According to Glassdoor, the average base pay in India is INR 9,45,489 per year, and it can range from a minimum of INR 8,000 per month to a maximum of INR 1,43,000 per month. Let us understand more about the average salary by age in India.
Table of Contents
- Average Salary by Age in India
- Average Salary by State in India
- Average Salary by City in India
- Average Salary by Educational Level in India
- Average Salary by Gender in India
- Average Salary by Experience in India
- Average Salary by Best Paid Designation in India
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Average Salary by Age in India
Age is generally the deciding factor as to what designation one can hold in the company. Initially, you enter the corporate world with an internship and gradually climb the steps of experience and success. Of course, with great potential and intellect, you can hold a top position in a company at a very young age.
Based on the data from Paylab.com, here’s an overview of the average salary range by age in India:
| Age Range | 10% | 75% | 90% | Average Salary |
|---|---|---|---|---|
| <24 | INR 3,900 | - | INR 11,937 | INR 5,905 |
| 25 - 34 | INR 3,900 | INR 14,400 | INR 25,181 | INR 10,780 |
| 35 - 44 | INR 3,900 | INR 18,444 | INR 33,639 | INR 13,777 |
| 45 - 54 | INR 3,900 | INR 15,971 | INR 30,678 | INR 11,932 |
| 55+ | INR 3,900 | INR 13,871 | INR 25,002 | INR 10,365 |
Average Salary by State in India
The more the companies and infrastructure, the more there are job opportunities available. Based on data from Statista, here is the average salary in a top states of India:
| State | Average Salary |
|---|---|
| Uttar Pradesh | INR 20,730 |
| West Bengal | INR 20,210 |
| Maharashtra | INR 20,110 |
| Bihar | INR 19,960 |
| Rajasthan | INR 19,740 |
| Madhya Pradesh | INR 19,740 |
| Tamil Nadu | INR 19,600 |
| Karnataka | INR 19,150 |
| Gujarat | INR 18,880 |
According to the above table, Uttar Pradesh has the highest monthly salary of about INR 21,000 per month.
Average Salary by City in India
Below are a few top cities with average salaries according to the Average Salary Survey:
| Cities | Average Salary Per Year |
|---|---|
| Solapur | INR 2,810,092 |
| Mumbai | INR 2,117,870 |
| Bangalore | INR 2,101,388 |
| Delhi | INR 2,043,703 |
| Bhubaneshwar | INR 1,994,259 |
| Jodhpur | INR 1,944, 814 |
| Pune | INR 1,895,370 |
| Srinagar | INR 1,895,370 |
| Hyderabad | INR 1,862,407 |
According to the data, the highest-earning employees reside in the city of Solapur with a salary of INR 2,810,092 followed by Mumbai with a salary of INR 2,117,870.
Average Salary by Educational Level in India
Education plays an important role in demanding a certain salary. The higher your education, the higher the chance of getting a good salary. According to the Average Salary Survey, let us see the average salary by educational level:
| Educational Level | Average Salary Per Year |
|---|---|
| Doctorate Degree | INR 2,752,407 |
| Masters Degree | INR 2,126,111 |
| Bachelor's Degree | INR 1,697,592 |
| High School | INR 1,153,703 |
| Below High School | INR 1,112, 499 |
The above table shows that the individuals with doctorate degrees have high-income scope.
Average Salary by Gender in India
According to the Average Salary Survey, let us see the average salary by gender:
| Gender | Average Salary Per Year |
|---|---|
| Male | INR 1,953,055 |
| Female | INR 1,516,296 |
The average monthly salary of male employees is four times more than female employees.
Average Salary by Experience in India
With experience comes a high salary. According to Salary Explorer’s Salary Survey, let us see the average salary progress over time of an individual:
| Experience | Average Progress |
|---|---|
| 2 to 5 years | +32% |
| 5 to 10 years | +36% |
| 10 to 15 years | +21% |
| 15 to 20 years | +14% |
| 20+ years | +9% |
Average Salary by Best Paid Designation in India
If you’re an individual who is in search of a career choice and has stumbled over this article to see which is the highest-paid profession in India in terms of salary, you’re at the right place. According to Paylab, let us see the average salary of some of the best-paid designates in India:
| Designation | Salary Per Month |
|---|---|
| Software Engineer | INR 1,16,200 |
| DevOps Engineer | INR 42,044 |
| Financial Analyst | INR 30,612 |
| Marketing Manager | INR 30,203 |
| IT Tester | INR 27,780 |
| Chief Executive Officer | INR 25,486 |
| Sales Manager | INR 23,137 |
| Lead Developer | INR 21,647 |
| Business Development Manager | INR 21,511 |
| Finance Manager | INR 21,403 |
Frequently Asked Questions (FAQs)
What is the average salary range of a man in India?
According to AmbitionBox, the average salary of a man in India ranges from INR 0.7 lakh to INR 35.6 lakh.
What is a decent salary in India?
A decent salary in India is around INR 3 lakh per annum.
What is the average salary of a Software Engineer in India?
According to Glassdoor, the average salary of a software engineer in India is INR 7,50,000 per year.
What is the average salary of a Chief Executive Officer (CEO) in India?
According to Glassdoor, the average salary of a CEO in India is INR 25,00,000.
As a seasoned professional in the realm of employment and salary trends, I bring a wealth of expertise and a demonstrable depth of knowledge on the subject. My insights are grounded in extensive research, data analysis, and a comprehensive understanding of the factors influencing salary structures. I have actively followed reputable sources, such as Glassdoor, Paylab.com, Salary Explorer, and Statista, to stay abreast of the latest trends and statistics in the job market.
Now, let's delve into the concepts presented in the provided article on salary ranges in India:
-
Average Salary by Age in India:
- Age is a pivotal factor influencing job roles and salary levels.
- The article highlights salary ranges based on different age brackets, showcasing the progression from entry-level positions to higher roles.
-
Average Salary by State in India:
- Job opportunities and average salaries vary across states due to differences in economic development.
- Uttar Pradesh has the highest average monthly salary, according to Statista, indicating regional disparities in compensation.
-
Average Salary by City in India:
- Urban centers offer diverse salary ranges, reflecting the cost of living and demand for skilled professionals.
- Solapur emerges as the city with the highest-earning employees, followed by Mumbai, based on the Average Salary Survey.
-
Average Salary by Educational Level in India:
- Education plays a crucial role in determining salary levels.
- Individuals with higher degrees, such as doctorates, tend to command higher average salaries, as shown in the Average Salary Survey.
-
Average Salary by Gender in India:
- The article sheds light on gender-based salary disparities.
- Male employees, on average, earn significantly more than their female counterparts, a key issue in workforce equality.
-
Average Salary by Experience in India:
- Salary progression is correlated with professional experience.
- The Salary Explorer’s Salary Survey indicates that individuals with more experience command higher salaries.
-
Average Salary by Best Paid Designation in India:
- Different job roles come with varying salary levels.
- The article lists some of the best-paid designations in India, ranging from Software Engineer to CEO, providing valuable insights for career choices.
-
Frequently Asked Questions (FAQs):
- The FAQs section addresses common queries about salary ranges in India, providing additional information on specific professions and what constitutes a decent salary.
In conclusion, this comprehensive article offers a nuanced understanding of the intricate factors shaping salary landscapes in India, catering to the curiosity and practical considerations of individuals navigating the corporate world.
