Sectors like power and engineering have relatively lower salaries. For MBBS professionals with 15-25 years of work experience, the pay could be as high as Rs 1 crore per annum. But an individual has the potential to earn up to Rs 13 lakh per annum.Īs one moves higher up, the pay potential is as high as Rs 80 lakh per annum for regulatory affairs roles. Most sub-sectors in this field are seeing an uptick in hiring across relevant skill sets in 2021.Īs far as pay is concerned, the starting salary for an MBBS graduate stays low at Rs 3 lakh per annum with 1-5 years of work experience. The report said that hiring in clinical research has picked up by 10-15 percent in 2020. The COVID-19-related crisis has helped the healthcare, pharma and life sciences sectors a great deal to focus on advanced medical research, vaccine formulation and community health. Pharmaceuticals, healthcare and life sciences On the salary front, the starting salary for banking operations is stagnant at Rs 2.5 lakh per annum, with a potential to earn up to Rs 6 lakh.īut for senior positions in relationship management, the pay potential is as high as Rs 90 lakh for someone with 12-25 years of experience. This is for roles in the junior to middle level, with over 2-9 years of experience.
It said that banking operations, corporate banking, and sales and relationship management are some of the hot skills that lead with a higher number of job postings. While Mumbai has seen over 20 percent increase in hiring for BFSI over the last year, cities like Bengaluru and Delhi have also seen about 15 percent growth in hiring talent in this industry. With this adoption, there is a critical need to bridge the skill requirement gap to cater to a host of 'digital' customers. The report said that the Banking, Financial Services and Insurance (BFSI) industry is working towards the adoption of technology in finance as part of digital transformation.
On the IT products side, a director of technology, with 15 years of work experience, has the potential to earn Rs 60 lakh per annum.īanking, financial services and insurance Higher up in seniority, a digital marketing manager, with up to 15 years of work experience, could earn as high as Rs 1.1 crore per annum. He/she will be required to have an MBA degree. On the salary front, in IT Captives, the starting salary for a business analyst with five years of work experience would be Rs 10.5 lakh per year. Hiring at junior level, especially freshers, has gained traction in Q4 of 2020,Īnd continues to gain momentum in 2021, according to the report. Skills like Artificial Intelligence (AI), Machine Learning (ML), Robotic Process Automation (RPA), Internet of Things (IoT), Cyber Security and DevOps are witnessing a surge in demand. Technology has played a significant role in allowing business continuity in 2020, being one of the few industries which grew while riding on the wave of digital transformation and technology adoption. At the senior level for a government affairs and corporate social responsibility position, a chief marketing officer position with 10-20 years of work experience, has the potential to earn up to Rs 75 lakh per annum. The salary data for the FMCG sector showed that as against a standard Rs 2.5 lakh average pay for other traditional sectors, the starting annual salary at junior levels (1-3 years of work experience) is Rs 3 lakh.Īs a candidate moves up in seniority, the pay sees a gradual rise. Here, cities like Bengaluru, Mumbai and Delhi are leading in hiring talent, especially for roles in marketing, sales, research & analytics, account management and digital transformation.
While most of 2020 saw a very curtailed growth in the Fast-Moving Consumer Goods (FMCG) space, the report said that there are signs of green shoots in this segment.With the evolution of consumer habits, coupled with improvingĬonsumer sentiment, the FMCG industry is displaying steady signs of recovery. At the senior level, for a chief marketing officer position with 8-15 years of work experience, there is a potential to earn up to Rs 1 crore per year. The salary data for the e-commerce sector showed that as against a standard Rs 2.5 lakh average pay for other traditional sectors, the starting salary at junior levels (1-3 years of work experience) is Rs 5 lakh per annum.Īs a candidate moves up in seniority, the pay sees a gradual rise. While the sector has seen a 15-20 percent increase in talent across cities in India during 2020, the report said that the demand for workforce will see an uptick in 2021, with expansion of reach and demand by 'digital customers'. Pharma Industry Conclave Unlocking opportunities in Metal and Mining.India Inc On The Move Sustainability 100+.