One of the dilemma that all the corporates are facing at today’s time is to get the right resource at right time and in the right cost. Understanding Salary expectations of the employee side will definitely help in charting better manpower plans for every organisation. When asked about the salary preferences even this year most of the candidates prefer a salary of upto 2.6 lakhs. With the improving economy, better standard of living, metropolitan lifestyle, the salary expectations have definitely increased as compared to previous years. This is true for both males and females. A good percentage from both the sides has started expecting their starting salary above 2.6 lakhs.
Top five states where employees prefer salary of 0-2 lakh are Tamil Nadu, Uttar Pradesh, Maharashtra, Andhra Pradesh and Gujarat. The top five states where employees prefer salary of 2 to 2.6 lakh salary are Tamil Nadu, Maharashtra, Uttar Pradesh, Andhra Pradesh and Karnataka.
Top 5 states where employees prefer salary of more than 2.6 lakh are Maharashtra, Tamil Nadu, Uttar Pradesh, Andhra Pradesh and Rajasthan.
As the digital and gig economy kicks in, jobs can’t remain restricted the few glamorous cities. Be it male or female, their preferred areas to work include both metropolitan as well as tier I and tier II cities. As more and more smart cities come into existence and create talent demand, these cities will further go up as these cities are much convenient to live that the metros which have reached a saturation in terms of their resource availability.