Mumbai: If you are thinking about which city in India provides top job opportunities and better salary growth, this article is for you. Bengaluru continues to dominate as country’s top city for job opportunities and salary growth with 9.3 per cent year-on-year increase, according to TeamLease Services Jobs and Salaries Primer report for FY24. This is followed by Chennai and Delhi, the report said. Notably, Bengaluru has the highest unified monthly salary at Rs 29,500, making it the highest-paying city in India. This report is based on an analysis of unified salaries across temporary and permanent hiring markets.
How Other Big Indian Cities Fare?
Chennai was ranked second, followed by Delhi. Chennai reported strong salary growth of 7.5 per cent while Delhi was at 7.3 per cent. Chennai's average monthly salary stood at Rs 24,500 while in Delhi, it reached Rs 27,800, according to the report.
India's financial capital stood fourth with the city offering an average salary of Rs 25,100, while Pune stood at Rs 24,700, maintaining competitive pay levels.
Ahmedabad also emerged as a city that saw steady salary hikes.
Retail Registers Maximum Salary Growth
Retail sector saw growth at 8.4 per cent. This trend was followed by consumer durables (5.2 per cent) and BFSI (5.1 per cent), both continuing to offer strong growth opportunities for professionals, it said.
On the other hand, sectors such as logistics, FMCG, healthcare and pharma, and construction and real estate experienced more moderate salary increases, reflecting their consistent demand for skilled professionals, according to the report.
The highest-paying industries identified include Telecommunications (Rs 29,200), Manufacturing, Engineering, and Infrastructure (Rs 28,200), Healthcare and Pharma (Rs 27,600), and Construction and Real Estate (Rs 27,000).
"The report highlights a positive trajectory in India's job market, with significant salary growth across cities and industries. Bangalore's 9.3 per cent salary growth and Retail's impressive 8.4 per cent increase point to a growing demand for specialised skills that drive compensation trends. This isn't just about incremental salary growth. It is more about a deeper transformation in the job market," TeamLease CEO-Staffing Kartik Narayan said.
The narrowing salary gap between permanent and temporary roles in sectors like consumer durables and construction and real estate showed that companies are focused on talent equity and long-term retention, he said.
"These trends highlight the growing importance of adaptability and expertise in shaping the future of work in India," Narayan added.
(With inputs from PTI)