In the bustling job market of India, Mumbai shines as the leading city for freshers seeking lucrative salary packages. With an impressive average salary of Rs 4.29 lakh per annum, it edges out other metropolitan areas in the race to attract new talent. Delhi trails closely behind, offering fresh graduates an average of Rs 4.05 lakh.
It’s clear that freshers looking for higher pay should set their sights on Mumbai and Delhi, particularly in roles within sales and finance, which tend to pay the most. These cities are developing reputations as hotspots for new graduates eager to climb the career ladder.
On the other hand, Chennai stands at the bottom of the list among the major metros, with a disappointing average fresher salary of Rs 2.65 lakh. This figure starkly contrasts with the opportunities available in Mumbai and Delhi, highlighting regional discrepancies in salary offerings.
According to an analysis by GetWork, an AI-driven hiring platform, Pune also plays a noteworthy role in the market. It offers freshers an average salary of Rs 3.34 lakh per annum, making it a viable option for job seekers. Bengaluru, renowned for its thriving start-up culture, reported an average fresher salary of Rs 2.95 lakh, which reflects its focus on technology rather than higher initial salaries.
GetWork’s CEO and Founder Rahul Veerwal sheds light on this salary variation. He notes that the differences in average fresher salaries across metro cities stem from several factors, including demand from regional cities, the cost of living, and the concentration of specific industries.
This means that densely populated metro areas, particularly those rich in corporate headquarters and financial institutions, typically offer better compensation packages for fresh graduates compared to tech-oriented hubs dominated by start-ups.
Overall, these salary trends reveal much about the ongoing dynamics in India’s job market. With an evolving economy and shifting industry landscapes, freshers should remain informed about which cities offer the best salaries for their skills and career aspirations.