With more and more multinational companies setting up their offices in India, there are numerous opportunities in sectors like ITES, banking, finance, retail, telecom, and logistics. Jobs are now plenty in cities where culture, lifestyle and living expense differs, so does the pay scale. Indian youth are now looking at salary structure, lifestyle and living expenses that each city offers and are willing to move to the best place to take up the job.
A study by employability measurement and recruitment firm Aspiring Minds Research Cell, reported in Silicone India news, reveal that about 72 percent of the engineering students surveyed voted for Bangalore as the most preferred destination to work in. The young generation engineers voted Bangalore as it offers growth, different options and like-minded people to work with.
New Delhi was ranked second in terms of engineers' preferred choice as 32 percent of the respondents felt that the capital city offers them the best remunerations and growth opportunities. Hyderabad was the third most preferred city for employment for engineers as 31 percent of the students voted for the city. Pune came fourth with 30 percent of the respondents favouring it and Chennai was the fifth preferred city. Surprisingly, Mumbai was ranked last on the list of 6 top cities for engineering jobs, said the report.
Bangalore was preferred mainly for the fact that it pays better than any other Indian cities. According to the online compensation data provider, PayScale.com, on an average, a senior software engineer/developer/programmer in Bangalore gets an annual salary of 584,710; a software engineer is paid 357,394 and the project manager in IT gets 1,091,380. The salary pattern in Delhi for the same jobs is comparatively low as a senior software engineer/developer/programmer is paid 535,438; a software engineer gets 347,607; or a project manager 1,056,185 on an average.
The current pattern is sure to change considering further improvement in economy; however, the dominance of Bangalore over other Indian cities in IT pay scale is here to stay as the garden city is the favourite of IT giants.
By BPO Watch India Bureau
A study by employability measurement and recruitment firm Aspiring Minds Research Cell, reported in Silicone India news, reveal that about 72 percent of the engineering students surveyed voted for Bangalore as the most preferred destination to work in. The young generation engineers voted Bangalore as it offers growth, different options and like-minded people to work with.
New Delhi was ranked second in terms of engineers' preferred choice as 32 percent of the respondents felt that the capital city offers them the best remunerations and growth opportunities. Hyderabad was the third most preferred city for employment for engineers as 31 percent of the students voted for the city. Pune came fourth with 30 percent of the respondents favouring it and Chennai was the fifth preferred city. Surprisingly, Mumbai was ranked last on the list of 6 top cities for engineering jobs, said the report.
Bangalore was preferred mainly for the fact that it pays better than any other Indian cities. According to the online compensation data provider, PayScale.com, on an average, a senior software engineer/developer/programmer in Bangalore gets an annual salary of 584,710; a software engineer is paid 357,394 and the project manager in IT gets 1,091,380. The salary pattern in Delhi for the same jobs is comparatively low as a senior software engineer/developer/programmer is paid 535,438; a software engineer gets 347,607; or a project manager 1,056,185 on an average.
The current pattern is sure to change considering further improvement in economy; however, the dominance of Bangalore over other Indian cities in IT pay scale is here to stay as the garden city is the favourite of IT giants.
By BPO Watch India Bureau
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