Monday, April 10, 2017

Bengaluru is the best place in India to begin and end your career

The weather isn’t the only thing that is great about Bengaluru.
Employees work at their desks inside Tech Mahindra office building in Noida on the outskirts of New Delhi March 18, 2013. India's IT outsourcers are promoting "mini CEOs" capable of running businesses on their own, while trimming down on the hordes of entry-level computer coders they normally hire as they try to squeeze more profits out of their staff.
Companies in India’s Silicon Valley pay more money than those in any other city in the country, with IT professionals receiving the biggest pay-cheques, a new survey by HR consulting firm Randstad shows. In the Randstad Salary Trends Study 2017, Bengaluru, with an average annual cost to company (CTC) of Rs14.6 lakh, beat India’s financial hub, Mumbai, with Rs14.2 lakh. Hyderabad and the National Capital Region (which includes Delhi, Gurugram, and Noida) ranked third and fourth respectively.
Moreover, both senior-level and junior-level employees in Bengaluru out-earn their counterparts in other cities. Randstad analysed 100,000 jobs across 15 functions and 20 industries.
No wonder then that Bengaluru manages to attract the highest number of educated migrants from across the country, many of whom work in the sprawling campuses of some of India’s biggest technology companies such as Infosys and Wipro and at the back-end technology offices of multinational firms. The proliferation of startups like Flipkart and Ola has also helped step up salaries, with e-commerce companies handing out fat pay-cheques over the years to attract talent.
For individuals with 6-10 years of experience, the tech sector is likely to remain the most lucrative in 2017, Randstad says. Core Java-trained professionals, digitial marketing experts, and testing automation engineers will be in high demand across the country, drawing average annual CTC packages of Rs18.06 lakh, Rs17.09 lakh, and Rs14.67 lakh, respectively, the survey shows.

No comments: