Average salary in india for 10 years experience

Pay ScaleД¬ertified data scientists are offered salaries between Rs. Over the years, with experience, data scientists can move on to larger roles such as that of chief data scientists, big data engineers, etc. Additionally, having a rudimentary knowledge of basic programming languages such as Python, SQL is helpful. While there is no predefined qualification necessary, engineers (BE/BTech) or graduates having a degree or certification in data science will definitely have an added advantage. This is basically done to analyze raw data and find solutions to various business problems.Дata scientists also help in creating customized statistical models as well as algorithms based on end-user behaviors.

Data scientists are essentially analytical experts who use social science and technology to find trends as well as manage data. If there is one term that has gained significant popularity in the past few months, it is data science. Take a look at the top 10 highest paying jobs in India (in no particular order) as of 2021. List of Top 10 Highest Paying Jobs in India вЂ“ 2021 Knowing the top highest-paying jobs in India will definitely help them decide their career path with confidence. Most students are confused regarding their career and to be honest, money is a great motivator and can aid them in their decision. While these choices are still relevant and respected today, there are a lot more options that have come up and revolutionized the job market in India. Gone are the days where the only stable professions that were considered to be вЂhighest payingвЂ™ were that of a doctor, engineer, or working for the government. The job market in India has undergone a radical change. However, some niche skills such as data mining, social media analytics, mobile app development may demand a higher premium, said Rakesh Soni, chief people officer at Tech Mahindra.Decoding the Top 10 highest paying jobs in India 2021 In such instances, we have a model where compensation costs are pitched in line with internal associates. Lateral hiring is always a more expensive model compared to entry-level recruitment. As far as the IT sector goes, which is not in a major hiring drive, mid to senior level employees who are seen to have specialised skills, were in demand unlike freshers who could not generate as much demand, said the study. Interestingly, the report said that last year, the FMCG and pharma sectors saw junior level employees receive greater salary hikes than few of their senior counterparts. While compensation is right on top when professionals move jobs, people also evaluate an offer based on the overall job profile and their potential to grow, said Karanth.

What is significant, though, is that the compensation offered has to be generally equitable when getting people from outside,вЂќ said V Krishnan, executive VP, HR at homegrown FMCG company Dabur. A big chunk of the lateral hiring is happening in the 4-7 year experience band to strengthen our sales force through lateral hiring and also from campus recruitment. вЂњSeeing the growth that is coming in the FMCG sector, especially in the rural areas, we have a robust hiring plan going forward. Financial services, which gave an average hike of 27% to lateral hires, will see increments decline marginally to 25% this year, reflecting the sluggishness in the sector. However, hikes are expected to go up to 25% for this sector this year, said the Kelly Services report. On an overall level, the engineering sector gave the lowest salary hikes in 2013 - at 21% to people coming on board from other companies. In the pre-recession era, professionals across sectors managed to get salary hikes in the range of 40-50% which is rarely the case now. So effectively by switching jobs employees are able to move ahead by a year in terms of financial gains,вЂќ said Kamal Karanth, MD, Kelly Services India. вЂњOn an average this is 10-20% higher than salary increments most Indian firms are expected to give for 2014.

The compensation study was conducted among candidates who had been assisted with employment opportunities by the recruitment firm with annual salaries in the range of Rs 5 -20 lakh. IT sector professionals on an average received the highest increases last year, at 28% followed by the FMCG and financial services sectors, according to a study conducted by the global recruitment firm Kelly Services, findings of which were shared exclusively with TOI. FMCG, pharma and IT companies are expected to dole out an average 30% hike to lateral hires this year. These hikes look attractive at a time when most companies are expected to give annual increments in the range of 8-15% this year.

MUMBAI: Professionals looking to switch jobs this year can expect to get an average salary hike of around 25-30%, which is higher than what those switching jobs managed for themselves last year, according to estimates made by a recruitment firm.

Average salary in india for 10 years experience