Remote working: Tier-2 cities turn big earners – Times of India

MUMBAI: Mumbai continues to be the top tier-1 city in salary pay-scales in senior jobs (average Rs 35. 7 lakh per annum), while Bengaluru retained its rankings as the top payer in junior (CTC Rs 6. 7 lakh) and mid-level jobs (Rs 18. 1 lakh), shows Randstad’s salary trend report-2021.
Shared exclusively with TOI, the report shows NCR (Rs 32. 7 lakh) ranks third in salaries at the senior job level, but moves between the fifth and sixth positions at the junior and mid-levels, while Chennai (Rs 5. 6 lakh) ranks third at the junior levels with a variance of around 16% from that of Bengaluru.

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Among tier-2 cities, Bhubaneswar tops the charts in salary pay-scales in senior-level jobs (Rs 31. 2 lakh), followed by Kochi (Rs 28. 8 lakh) and Chandigarh (Rs 26. 5 lakh).
Randstad India MD & CEO Viswanath P S said, while the report reveals a significant jump across the board in average salaries of junior, mid and senior-level professionals, the firm has also captured the emergence of tier-2 cities in 2021.
“We firmly believe that they (tier-2) are the future talent hubs and job-creation centres. Our conviction has been borne out by the fact that tier-2 cities have made great strides in salary levels due to a lot of investments in building excellent physical and social infrastructure. This is also a great indication of an exciting trend that is emerging — organisations have discovered the advantages of having a borderless, multi-faceted workforce that can deliver ‘anytime, anywhere’ work. So, we could say that work is seeking out talent in this new model, right up to tier-2 cities,” said Viswanath.
Expanding from a traditional textile hub to cover chemicals, pharmaceuticals & healthcare, and now IT, Ahmedabad is only marginally behind the national average salary at mid-to-senior levels. At senior levels, Ahmedabad (Rs 31. 9 lakh) pays better than Hyderabad (Rs 29. 8 lakh), Chennai (Rs 28. 6 lakh) and Kolkata (Rs 28. 6 lakh). Mid-level and senior account executives in BFSI are paid the most in Ahmedabad (Rs 8 lakh and 15. 3 lakh, respectively) after Kolkata (Rs 12. 7 lakh & Rs 27. 3 lakh), Mumbai (Rs 9. 3 lakh & Rs 19. 3 lakh) and NCR (Rs 8. 7 lakh & Rs17 lakh).
At the senior level, Bhubaneswar leads the table with an average CTC (Rs 31. 2 lakh) that is on par with the median level of tier-1 cities. A key factor fuelling this trend is mining and steel manufacturing companies operating in the city as also the IT/ITeS sector that is gaining prominence with companies setting up offices.
In Jaipur, Nagpur, Lucknow, Indore and Coimbatore, the variances are higher in the junior and senior levels. This could be due to the predominance of non-IT industries in these cities, such as manufacturing, engineering and textiles, says the report.

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