What are the average salaries in India?

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    What are the average salaries in India-M+V Altios

    What are the average pay rates in India: Degree employees, skilled tradesmen including machine operators, Telemarketers/Sales Service, Laborers?

    Average pay rates in India have been increasing fast (See graph below), and vary a lot across the country. The average salary in 2016 was INR 19,492 ($229), but this includes a lot of rural workers on disproportionately small salaries. In reality foreign companies will be mostly hiring in the cities which have far higher salaries. In Mumbai the average wage was INR 66,900 while in Chandigarh – a far smaller city – it was only INR 43,900.

    Source: Labour Bureau –Β Ministry of Labour and Trading Economics, March 2017

    Average pay rates in India also vary a lot according to skill level:

    Job Definition Salary (INR) Example Experience
    Unskilled workers Activities learnt in a few days, no special vocational training required 6,500 “Operator” in manufacturing 0 to 2 years
    Supervised employees Activities performed under supervision needing Multi-annual vocational training 21,600 Mechanical Engineer automotive 2 to 5 years
    Trained employees Tasks performed reliably without supervision and Manufacturing processes 49,900 “AutoCad Engineer” automotive 5 to 8 years
    Experienced employees Several years of experience and management authority 46,200 “Production Engineer” pharmaceutical 5 to 8 years

    Source:Β TeamLease “Salary Primer 2016”, June 2016Β In a market like India, attrition rates are higher than many other foreign countries. So to attract talented employees and retain them it is very important that your salaries meet or exceed the average pay rates in India. Additionally, there are manyΒ checksΒ that a foreign company should take into consideration before hiring in India. Consulting aΒ recruitmentΒ expertΒ  is advised in order to take the right decision at hiring the right person at the right salary.