India Salary Benchmark
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Contents Market Insights 4 Sales & Marketing Insights 5 6 Finance & Accounting Insights 11 12 Human Resources Insights 14 15 Legal Insights 17 18 Technology Insights 19 20 Digital Insights 21 22 Engineering & Manufacturing Insights 23 24 Procurement & Supply Chain Insights 27 28 3
India Market Insights Robust growth to boost recruitment activity Top industries Overall outlook India s economic landscape is a dynamic one, assisted by regulatory adjustments and drives including the Goods and Services Tax (GST) and the Make in India project from the Government of India. Encouraged by a positive economic setting, India s employment scenario is anticipated to expand, supporting the country s robust economic growth. The World Bank forecasts that India s GDP growth will be 7% for 2017- a positive sign for Michael Page business. The government has set about upgrading numerous industries, including manufacturing, infrastructure, logistics and warehousing, technology and renewable energy. Michael Page anticipates large-tosteady hiring activities within these spaces in the year ahead. ecommerce FinTech By the numbers * Logistics Big Data Overall, 2017 saw an upward trend in talent acquisition, across many sectors. Michael Page anticipates this to further increase in. Proactive initiatives by the Government of India will boost various industry sectors resulting in economic growth of the country. Nicolas Dumoulin, Managing Director, Michael Page India Five key trends The Indian government s projects has drawn the attention of foreign investors and Michael Page has seen many international companies willing to set up manufacturing operations in India. We estimate a noticeable upsurge in recruitment activities as an outcome of new companies building their teams in India. The Make in India initiative has sparked a significant focus on public infrastructure projects. Specifically the development of roadways, railways, waterways and ports in the country. This is likely to result in more employment opportunities across all levels when operations commence. The renewable energy sector, specifically the solar energy segment has seen an enhancement of activities. This space has further witnessed increased attention of not only the domestic investors but has also attracted the interest of investors from across the globe. The ongoing discourse on technology will bring about more opportunities for our clients, while leveraging technology in the recruitment processes will see a rise in. From a talent perspective, using AI-based applications will expedite the recruitment processes, and also allow recruiters to focus on more complex tasks. 6 professionals average number of candidates employers interview before making a job offer 4.5 months average time employers take to secure talent from start of the search till joining 3 rounds of interviews typically undergone by candidate with a company before securing a position *These employment trends are based on Michael Page data in the last 12 months. 4
India Sales & Marketing High demand for Sales and Marketing roles will continue into. Sales professionals with good leadership skills will be in demand across industries, while in marketing, professionals with experience in consumer, digital, and sales-enablement will be highly sought after. Roles in demand Top industries Heads of Sales Regional / Area Sales Managers Digital Marketing Heads ecommerce and Internet Professional Services Energy Chemical By the numbers * 9% 21-25% increase in number of positions in the last 12 months average salary increase when moving jobs $ Employment trends * 6 professionals 4.5 months 3 rounds average number of candidates employers interview before making a job offer average time employers take to secure talent from start of the search till joining of interviews typically undergone by candidate with a company before securing a position *These employment trends are based on Michael Page s data in the last 12 months. 5
Sales & Marketing Consumer Goods Candidates from premium business schools Sales / Channel Management 20 28 24 28 70 49 40 100 70 100 180 140 22 30 26 28 75 52 50 100 75 100 200 150 Brand Management / Product Management 20 28 24 28 70 49 40 100 70 - - - 22 30 26 28 75 52 50 100 75 - - - Trade Marketing 20 28 24 28 70 49 40 100 70 100 150 125 22 30 26 28 75 52 50 100 75 100 180 140 Category Management - - - 28 70 49 40 100 70 100 150 125 - - - 28 75 52 50 100 75 100 180 140 Communications & CSR 13 18 16 18 40 29 30 55 43 60 150 105 15 20 18 20 45 33 35 55 45 60 200 130 Candidates from non top-tier business schools Sales / Channel Management 12 15 14 15 35 25 30 50 40 50 100 75 13 18 16 17 40 29 35 60 48 50 120 85 Brand Management / Product Management 15 18 17 18 40 29 30 50 40 - - - 18 22 20 20 45 33 35 55 45 - - - Trade Marketing 12 15 14 15 35 25 25 45 35 50 100 75 13 16 15 18 40 29 30 50 40 50 120 85 Category Management - - - 18 40 29 30 50 40 50 100 75 - - - 20 45 33 35 55 45 50 120 85 Communications & CSR 12 15 14 15 30 23 20 40 30 35 100 68 13 18 16 18 35 27 25 45 35 40 120 80 these fi gures. Refer to our online version at https:///salary-survey 6
Sales & Marketing Pharmaceuticals Top global pharmaceuticals Sales 10 18 14 15 32 24 25 55 40 45 130 88 12 20 16 20 40 30 30 60 45 50 150 100 Marketing 12 18 15 15 35 25 27 55 41 45 130 88 15 20 18 22 42 32 35 60 48 50 150 100 Regulatory Affairs / QA / RA 8 12 10 10 22 16 22 40 31 35 90 63 12 15 14 15 30 23 30 45 38 40 100 70 Communications & CSR 8 12 10 12 28 20 18 38 28 35 90 63 12 15 14 14 30 22 20 45 33 40 100 70 Medical Affairs 8 18 13 12 30 21 22 35 29 35 110 73 12 20 16 20 35 28 30 45 38 40 120 80 Locally present pharmaceuticals Sales 6 15 11 12 28 20 18 35 27 35 100 68 10 18 14 18 35 27 20 50 35 40 120 80 Marketing 8 15 12 12 28 20 20 40 30 38 100 69 10 18 14 18 35 27 25 50 38 42 120 81 Regulatory Affairs / QA / RA 6 10 8 10 15 13 15 32 24 30 75 53 8 12 10 12 20 16 20 40 30 30 90 60 Communications & CSR 8 10 9 10 15 13 15 32 24 30 75 53 10 12 11 12 20 16 18 40 29 35 90 63 Medical Affairs 6 15 11 12 20 16 18 30 24 25 85 55 8 18 13 18 25 22 20 40 30 35 100 68 these fi gures. Refer to our online version at https:///salary-survey 7
Sales & Marketing Medical Devices Top global medical devices companies Sales 12 20 16 20 40 30 30 60 45 50 130 90 15 22 19 20 45 33 35 70 53 60 150 105 Marketing 15 20 18 22 42 32 35 60 48 50 130 90 18 22 20 20 45 33 38 70 54 60 150 105 Regulatory Affairs / QA / RA 12 15 14 15 30 23 30 45 38 40 100 70 12 18 15 16 35 26 30 45 38 40 110 75 Clinical / Application / Product Specialist / Service 10 12 11 12 20 16 - - - - - - 12 15 14 15 25 20 - - - - - - Locally present medical devices companies Sales 10 18 14 18 35 27 20 50 35 40 120 80 12 20 16 20 40 30 30 60 45 50 130 90 Marketing 10 18 14 18 35 27 25 50 38 42 120 81 15 20 18 22 42 32 35 60 48 50 130 90 Regulatory Affairs / QA / RA 8 12 10 12 20 16 20 40 30 30 90 60 12 15 14 15 30 23 30 45 38 40 100 70 Clinical / Application / Product Specialist / Service 6 8 7 8 15 12 - - - - - - 8 12 10 10 15 13 - - - - - - these fi gures. Refer to our online version at https:///salary-survey 8
Sales & Marketing Building Materials Top global building materials companies Sales 10 25 18 25 40 33 40 80 60 60 85 73 10 25 18 25 35 30 35 50 43 65 90 78 Pre-Sales / Specifications / B2B Marketing 12 20 16 18 40 29 30 70 50 50 75 63 12 20 16 20 35 28 35 50 43 60 80 70 Project Management 12 20 16 18 40 29 30 40 35 40 60 50 12 20 16 20 35 28 35 50 43 50 65 58 Locally present building materials companies Sales 6 15 11 12 25 19 25 50 38 40 60 50 6 15 11 15 25 20 25 50 38 45 70 58 Pre-Sales / Specifications / B2B Marketing 6 12 9 10 25 18 20 40 30 40 50 45 6 12 9 12 25 19 25 50 38 45 60 53 Project Management 4 12 8 10 20 15 20 40 30 30 45 38 6 12 9 12 25 19 25 50 38 40 50 45 these fi gures. Refer to our online version at https:///salary-survey 9
Sales & Marketing Life Sciences Sales 10 18 14 18 35 27 20 50 35 40+ 120 120 12 20 16 20 40 30 30 60 45 50 130 90 Marketing 10 18 14 18 35 27 25 50 38 42+ 120 120 15 20 18 22 42 32 35 60 48 50 130 90 Application Specialist 6 8 7 8 15 12 - - - - - - 8 12 10 10 15 13 - - - - - - Industrial Equipment Sales 6 20 13 12 30 21 25 50 38 40 75 58 8 20 14 20 30 25 30 45 38 50 85 68 Marketing 6 12 9 10 25 18 20 40 30 40 60 50 6 15 11 15 25 20 25 40 33 45 70 58 Project Management 4 10 7 10 20 15 20 40 30 30 50 40 6 15 11 15 25 20 25 40 33 35 60 48 Chemicals Sales 8 15 12 12 25 19 25 40 33 40 80 60 8 15 12 15 35 25 35 50 43 50 90 70 Marketing 8 12 10 10 25 18 20 40 30 40 60 50 8 15 12 15 30 23 30 50 40 50 80 65 Application / Technical 6 12 9 10 25 18 18 30 24 30 45 38 6 15 11 15 30 23 30 50 40 45 60 53 these fi gures. Refer to our online version at https:///salary-survey 10
India Finance & Accounting The hiring sentiment across finance functions has strengthened with the continuing emphasis on Ease of Doing Business in India. With investments in pouring in from private equity firms in infrastructure, energy, and e-commerce spaces, we expect to see increased demand for finance candidates in these sectors, with strong focus on fundraising and investor relations experience. Roles in demand Top industries CFO / Controller Corporate Finance (Fund Raising) Head Taxation with GST implementation experience Healthcare FMCG / Manufacturing / Industrial E-commerce Infrastructure and Renewable Energy By the numbers * 4% 21-30% increase in number of positions in the last 12 months average salary increase when moving jobs $ Employment trends * 6 professionals 4.5 months 3 rounds average number of candidates employers interview before making a job offer average time employers take to secure talent from start of the search till joining of interviews typically undergone by candidate with a company before securing a position *These employment trends are based on Michael Page s data in the last 12 months. 11
Finance & Accounting General CFO / Finance Director (Large organisation) CFO / Finance Director (Small/medium organisation) CFO / Finance Director (Shared services centre) GM Finance / Financial Controller (Large organisation) GM Finance / Financial Controller (Small/medium organisation) GM Finance / Financial Controller (Plant) Finance Manager (Large organisation) Finance Manager (Small/medium organisation) Finance Manager (Shared services centre) - - - - - - 50 75 63 75 250 163 - - - - - - 60 90 75 90 300 195 - - - 22 45 34 40 60 50 60 120 90 - - - 30 50 40 50 80 65 80 150 115 - - - - - - 35 60 48 60 140 100 - - - - - - 40 75 58 75 150 113 - - - 25 40-40 60 50 60 90 75 - - - 28 45 37 45 70 58 70 100 85 - - - 18 32-32 45 39 45 60 53 - - - 22 40 31 40 60 50 60 80 70 12 20 16 15 30 23 25 40 33 40 55 48 - - - 15 30 23 25 45 35 45 70 58 12 18 15 20 35 28 - - - - - - 12 20 16 18 35 27 - - - - - - 10 15 13 18 30 24 - - - - - - 12 18 15 15 25 20 - - - - - - 6 10 8 15 28 15 25 45 35 - - - 12 15 14 15 30 23 30 50 40 - - - Financial & Planning Analysis 12 18 15 18 35 27 30 60 45 60 80 70 15 20 18 20 35 28 35 55 45 55 80 68 Financial / Business Analyst 10 15-15 35 25 - - - - - - 12 18 15 18 30 24 30 50 40 - - - Financial Accounting 8 15 15 15 30 23 - - - - - - 10 18 14 18 30 24 30 50 40 - - - these fi gures. Refer to our online version at https:///salary-survey 12
Finance & Accounting Specialist Finance Strategy 10 15 13 14 30 22 30 50 40 50 80 65 12 18 15 18 35 27 35 55 45 55 100 78 Costing 8 12 10 12 20 16 20 35 28 - - - 8 12 10 12 20 16 20 35 28 - - - Accounts Receivable 8 12 10 12 25 19 25 35 30 - - - 8 12 10 12 20 16 20 35 28 - - - Accounts Payable 8 12 10 12 25 19 25 35 30 - - - 8 12 10 12 20 16 20 35 28 - - - Treasury 10 18 14 18 35 27 35 55 45 55 90 73 12 20 16 20 40 30 40 70 55 70 100 85 Tax-Indirect 8 18 13 18 35 27 25 45 35 45 75 60 12 20 16 20 40 30 40 75 58 75 100 88 Tax-Direct / International 10 20 15 20 40 30 30 50 40 50 100 75 12 20 16 20 40 30 50 75 63 75 120 98 Corporate Finance 12 20 16 20 40 30 40 60 50 60 120 90 15 25 20 25 45 35 45 65 55 65 125 95 Investor Relations - - - - - - 35 55 45 55 75 65 - - - - - - 40 60 50 60 150 105 Internal Audit 8 18 13 18 40 29 35 60 48 60 75 68 10 20 15 20 35 28 35 50 43 50 100 75 Public Accounting Audit 10 20 15 20 35 28 35 55 45 55 100 78 12 20 16 20 40 30 40 60 50 60 100 80 Tax 10 20 15 20 35 28 35 60 48 60 100 80 12 20 16 20 40 30 40 60 50 60 120 90 Transaction Advisory 12 20 16 20 35 28 35 60 48 60 100 80 12 20 16 20 40 30 40 60 50 60 100 80 these fi gures. Refer to our online version at https:///salary-survey 13
India Human Resources In, we expect high demand for HR professionals who are analytical and execution-focused, along with those experienced in performance management, leadership and high-volume hiring. Organisations will become more open to hiring younger talent for senior roles. Roles in demand Top industries Compensation & Benefits HR Business Partners in Sales Talent Acquisition with Social Branding/Analytics experience Talent Management & Diversity Inclusion ecommerce Insurance Retail Manufacturing By the numbers * 5% 16-20% increase in number of positions in the last 12 months average salary increase when moving jobs $ Employment trends * 6 professionals 4.5 months 3 rounds average number of candidates employers interview before making a job offer average time employers take to secure talent from start of the search till joining of interviews typically undergone by candidate with a company before securing a position *These employment trends are based on Michael Page s data in the last 12 months. 14
Human Resources Commerce & Industry Large and middle capital companies / listed organisations Head of Human Resources (large companies) Head of Human Resources (small/medium sized companies) - - - - - - - - - 100 200 150 - - - - - - - - - 125 225 175 - - - 40 55 48 70 90 80 70 110 90 - - - 45 60 53 75 95 85 85 120 103 HR Generalist / Business Partner - - - 25 45 35 40 70 55 55 80 68 - - - 30 55 43 45 80 63 60 90 75 Learning & Development - - - 30 45 38 40 55 48 50 80 65 - - - 35 50 43 40 60 50 55 90 73 Compensation & Benefits - - - 30 45 38 40 70 55 60 90 75 - - - 35 55 45 50 80 65 65 100 83 Talent Acquisition - - - 20 30 25 40 50 45 50 120 85 - - - 25 35 30 45 60 53 55 125 90 Talent Management / OD - - - 30 45 38 45 55 50 60 90 75 - - - 30 55 43 50 70 60 65 95 80 Industrial Relations - - - 20 30 25 35 55 45 55 75 65 - - - 20 35 28 35 60 48 60 80 70 HR Operations / Payroll / HR IS - - - 18 25 22 30 40 35 45 65 55 - - - 20 35 28 35 55 45 55 75 65 HR Consulting - - - 35 50 43 50 70 60 70 100 85 - - - 35 55 45 50 75 63 75 110 93 Commerce & Industry Small capital companies / non-listed organisations Head of Human Resources (large companies) - - - - - - 50 60 55 60 120 90 - - - - - - 70 90 80 70 140 105 Head of Human Resources (small/medium sized companies) - - - 20 30 25 32 46 39 45 80 63 - - - 25 36 31 35 50 43 55 90 73 HR Generalist / Business Partner - - - 18 30 24 25 40 33 40 60 50 - - - 20 32 26 30 50 40 45 75 60 Learning & Development - - - 16 28 22 25 35 30 40 60 50 - - - 20 30 25 30 40 35 45 70 58 Compensation & Benefits - - - 21 33 27 25 42 34 45 65 55 - - - 23 36 30 35 45 40 50 75 63 Talent Acquisition - - - 18 30 24 28 38 33 40 60 50 - - - 20 33 27 30 40 35 45 70 58 Talent Management / OD - - - 20 35 28 35 45 40 45 60 53 - - - 25 36 31 35 50 43 50 75 63 Industrial Relations - - - 9 15 12 15 25 20 25 40 33 - - - 10 19 15 18 25 22 30 45 38 HR Operations / Payroll / HR IS - - - 8 12 10 10 15 13 25 40 33 - - - 9 16 13 15 25 20 30 45 38 HR Consulting - - - 25 35 30 35 50 43 50 75 63 - - - 25 41 33 35 55 45 65 80 73 these fi gures. Refer to our online version at https:///salary-survey 15
Human Resources Banking & Financial Services Large and middle capital companies / listed organisations Head of Human Resources (large companies) Head of Human Resources (small/medium sized companies) - - - - - - - - - 110 220 165 - - - - - - - - - 130 240 185 - - - - - - 55 70 63 70 120 95 - - - - - - 60 80 70 80 125 103 HR Generalist / Business Partner - - - 25 40 33 40 60 50 60 100 80 - - - 25 45 35 45 70 58 65 105 85 Learning & Development - - - 25 35 30 35 45 40 45 80 63 - - - 30 45 38 35 50 43 50 90 70 Compensation & Benefits - - - 22 35 29 40 60 50 55 100 78 - - - 22 40 31 45 70 58 60 110 85 Employee Relations - - - 20 40 30 45 80 63 80 110 95 - - - 22 45 34 50 90 70 90 120 105 Talent Acquisition - - - 20 30 25 35 55 45 50 120 85 - - - 22 35 29 40 60 50 60 130 95 Talent Management / OD - - - 30 45 38 45 55 50 60 90 75 - - - 30 55 43 50 70 60 65 95 80 HR Operations / Payroll / HR IS - - - 18 25 22 30 40 35 45 70 58 - - - 20 30 25 35 55 45 55 75 65 Banking & Financial Services Small capital companies / non-listed organisations Head of Human Resources (large companies) Head of Human Resources (small/medium sized companies) - - - - - - - - - 60 85 73 - - - - - - - - - 70 90 80 - - - - - - 30 50 40 50 75 63 - - - - - - 40 60 50 60 80 70 HR Generalist / Business Partner - - - 20 25 23 25 40 33 50 75 63 - - - 25 35 30 30 45 38 55 75 65 Learning & Development - - - 15 25 20 25 40 33 40 60 50 - - - 20 35 28 30 45 38 45 65 55 Compensation & Benefits - - - 20 30 25 30 45 38 45 70 58 - - - 25 35 30 35 50 43 50 75 63 Talent Acquisition - - - 15 25 20 25 40 33 40 60 50 - - - 20 30 25 30 45 38 45 65 55 Talent Management / OD - - - 20 35 28 35 45 40 45 60 53 - - - 25 36 31 35 50 43 50 75 63 HR Operations / Payroll / HR IS - - - 12 20 16 20 30 25 30 45 38 - - - 15 25 20 25 35 30 35 50 43 these fi gures. Refer to our online version at https:///salary-survey 16
India Legal In, we expect to see a continuation of high demand for in-house legal roles, litigation specialists in consumer industries and roles in compliance. We expect to see movement at top management level roles. Roles in demand Top industries Compliance Specialists Litigation Specialists Legal and Company Secretaries with dual qualification BFSI Pharmaceutical FMCG Engineering, Infrastructure and Energy By the numbers * 50% 26-30% increase in number of positions in the last 12 months average salary increase when moving jobs $ Employment trends * 6 professionals 4.5 months 3 rounds average number of candidates employers interview before making a job offer average time employers take to secure talent from start of the search till joining of interviews typically undergone by candidate with a company before securing a position *These employment trends are based on Michael Page s data in the last 12 months. 17
Legal Lawyers Lawyers - Private Practice 12 20 16 20 60 40 60 100 80 100 250 175 12 25 19 25 75 50 75 120 98 120 300 210 Lawyers - In-House (All industries excluding Financial Services) Lawyers - In-House (Financial Services) 6 12 9 12 40 26 40 60 50 60 225 143 8 15 12 15 60 38 60 80 70 80 150 115 8 18 13 18 50 34 50 70 60 70 200 135 8 25 17 25 70 48 70 90 80 90 200 145 Company Secretaries (In-house) Company Secretary 6 10 8 10 20 15 20 40 30 40 70 55 6 12 9 12 24 18 24 50 37 50 90 70 these fi gures. Refer to our online version at https:///salary-survey 18
India Technology With technology such as machine learning, AI, and predictive analytics remaking the business landscape, industries from logistics to healthcare will be searching for technology professionals with relevant skills, such as digital transformation, data security and cyber security. Roles in demand Top industries Engineering (Cloud, Full Stack, Machine Learning, AI, UI/UX) Data and Cyber Security CTO Software Product Aggregators FinTech E-commerce By the numbers * 20-25% 26-30% increase in number of positions in the last 12 months average salary increase when moving jobs $ Employment trends * 6 professionals 4.5 months 3 rounds average number of candidates employers interview before making a job offer average time employers take to secure talent from start of the search till joining of interviews typically undergone by candidate with a company before securing a position *These employment trends are based on Michael Page s data in the last 12 months. 19
Technology General Management & Operations CIO / CTO / IT Director - - - 20 40 30 40 60 50 60 90 75 - - - 20 40 30 40 60 50 60 90 75 Infrastructure Manager 15 25 20 20 35 28 35 55 45 50 75 63 15 25 20 20 35 28 35 55 45 50 75 63 Application Manager 15 25 20 20 40 30 40 60 50 60 90 75 15 25 20 20 40 30 40 60 50 60 90 75 Project Manager 15 25 20 20 35 28 35 55 45 50 75 63 15 25 20 20 35 28 35 55 45 50 75 63 Development, Design & Architecture Architect Applications, Solutions, Systems, Data 15 25 20 25 40 33 40 60 50 60 90 75 15 25 20 25 40 33 40 60 50 60 90 75 Developer / Engineer 15 25 20 25 50 38 50 80 65 80 120 100 15 25 20 25 50 38 50 80 65 80 120 100 DevOps 15 25 20 25 40 33 40 60 50 60 90 75 15 25 20 25 40 33 40 60 50 60 90 75 Technical Support 1st Level - Help Desk Support 15 20 18 20 35 28 35 50 43 50 75 63 15 20 18 20 35 28 35 50 43 50 75 63 2nd Level - Technical Support 15 20 18 20 45 33 45 65 55 65 80 73 15 20 18 20 45 33 45 65 55 65 80 73 3rd Level - Application Support 15 25 20 25 45 35 45 65 55 65 80 73 15 25 20 25 45 35 45 65 55 65 80 73 these fi gures. Refer to our online version at https:///salary-survey 20
India Digital & Analytics Demand for digital and analytics candidates will continue to increase in as organisations delve into data science, machine learning, and internet of things (IoT). Demand is expanding into new industries as big data and analytics become essential to most of the business. Roles in demand Top industries Data Scientists Big Data / Machine Learning Risk Analytics Consulting E-commerce Banking & Financial Services Media By the numbers * 15% 31-35% increase in number of positions in the last 12 months average salary increase when moving jobs $ Employment trends * 6 professionals 4.5 months 3 rounds average number of candidates employers interview before making a job offer average time employers take to secure talent from start of the search till joining of interviews typically undergone by candidate with a company before securing a position *These employment trends are based on Michael Page s data in the last 12 months. 21
Digital & Analytics Tier 1 Digital & Analytics MNC banks, Product Firms, E-commerce and captives across India AVP VP DIRECTOR MD AVP VP DIRECTOR MD Marketing Analytics 22 35 29 35 60 48 60 100 80 100 140 120 25 36 31 38 65 52 65 110 88 110 145 128 Risk Analytics 25 36 31 36 62 49 62 110 86 110 150 130 27 38 33 40 70 55 70 120 95 120 160 140 Digital Analytics 25 35 30 35 65 50 65 110 88 110 150 130 27 38 33 40 70 55 70 120 95 120 160 140 Statistical Modelers 25 36 31 36 65 51 65 110 88 110 150 130 27 38 33 40 70 55 70 120 95 120 160 140 Analytics Consulting 25 36 31 36 65 51 65 110 88 110 150 130 27 38 33 40 70 55 70 120 95 120 160 140 Big Data/Machine Learning 28 45 37 45 90 68 90 130 110 130 180 155 30 50 40 50 100 75 100 140 120 140 185 163 Data Scientist 28 45 37 45 90 68 90 130 110 130 180 155 30 50 40 50 100 75 100 140 120 140 185 163 Product Management 26 40 33 40 65 53 65 100 83 100 140 120 30 45 38 45 70 58 70 110 90 110 150 130 Tier 2 Digital & Analytics Domestic financial institutions and third party consulting companies AVP VP DIRECTOR MD AVP VP DIRECTOR MD Marketing Analytics 20 32 26 32 54 43 54 90 72 90 126 108 23 32 27 34 60 47 60 100 80 100 130 115 Risk Analytics 23 32 27 32 56 44 56 100 78 100 135 118 24 34 29 36 63 50 63 108 86 108 145 127 Digital Analytics 23 32 27 32 60 46 60 100 80 100 135 118 24 34 29 36 63 50 63 108 86 108 145 127 Statistical Modelers 23 32 27 32 60 46 60 100 80 100 135 118 24 34 29 36 63 50 63 108 86 108 145 127 Analytics Consulting 23 32 27 32 60 46 60 100 80 100 135 118 24 34 29 36 63 50 63 108 86 108 145 127 Big Data/Machine Learning 25 42 34 42 80 61 80 120 100 120 162 141 27 45 36 45 90 68 90 126 108 126 170 148 Data Scientist 25 42 34 42 80 61 80 120 100 120 162 141 27 45 36 45 90 68 90 126 108 126 170 148 Product Management 23 36 30 36 60 48 60 90 75 90 126 108 27 41 34 41 63 52 63 100 82 100 135 118 these fi gures. Refer to our online version at https:///salary-survey 22
India Engineering & Manufacturing Companies are looking to expand their manufacturing operations and we see great potential in the engineering and manufacturing job market to have a positive uptick throughout the year. Roles in demand Top industries Manufacturing Head Research & Development Health, Safety & Environment Chemical / Paints FMCG Engineering Retail By the numbers * 60% 23-45% increase in number of positions in the last 12 months average salary increase when moving jobs $ Employment trends * 6 professionals 4.5 months 3 rounds average number of candidates employers interview before making a job offer average time employers take to secure talent from start of the search till joining of interviews typically undergone by candidate with a company before securing a position *These employment trends are based on Michael Page s data in the last 12 months. 23
Engineering & Manufacturing R&D Application Engineer 6 10 8 10 25 18 - - - - - - 6 10 8 10 25 18 - - - - - - Product Design Engineer 6 10 8 10 25 18 - - - - - - 6 10 8 10 25 18 - - - - - - Test Engineer 6 10 8 10 25 18 - - - - - - 6 10 8 10 25 18 - - - - - - Project Manager - - - 15 40 28 30 75 53 - - - - - - 15 40 28 30 75 53 - - - R&D Head - - - - - - 35 75 55 60 250 155 - - - - - - 35 75 55 60 250 155 Manufacturing Utilities and Controls 6 10 8 10 25 18 25 50 38 30 60 45 6 10 8 10 25 18 25 50 38 30 60 45 Maintenance Manager 8 12 10 12 30 21 30 60 45 35 65 50 8 12 10 12 30 21 30 60 45 35 65 50 Production Manager 10 20 15 18 40 29 40 70 55 - - - 10 20 15 18 40 29 40 70 55 - - - Process / Operational Excellence 10 20 15 18 45 32 45 75 60 50 100 75 10 20 15 18 45 32 45 75 60 50 100 75 Plant / Site Head - - - - - - 45 75 60 50 150 100 - - - - - - 45 75 60 50 150 100 Head of Manufacturing / Operations / COO - - - - - - - - - 60 250 155 - - - - - - - - - 60 250 155 Quality Control / Assurance Quality Control 6 12 9 12 25 19 25 35 30 - - - 6 12 9 12 25 19 25 35 30 - - - Quality Assurance 6 12 9 15 30 23 25 40 33 - - - 6 12 9 15 30 23 25 40 33 - - - Quality Director - - - - - - 35 65 50 40 100 70 - - - - - - 35 65 50 40 100 70 these fi gures. Refer to our online version at https:///salary-survey 24
Engineering & Manufacturing Engineering Civil / Electrical / Mechanical / Instrumentation Engineering 6 20 13 15 40 28 - - - - - - 6 20 13 15 40 28 - - - - - - Head of Department (Engineering) - - - - - - 35 60 48 45 120 83 - - - - - - 35 60 48 45 120 83 Health / Safety / Environment HSSE 6 12 9 10 35 23 30 60 45 55 150 103 6 12 9 10 35 23 30 60 45 55 150 103 Technical Services Field Service Engineer / Technician 6 12 9 - - - - - - - - - 6 12 9 - - - - - - - - - Sales Engineer 6 12 9 15 25 20 - - - - - - 6 12 9 15 25 20 - - - - - - Service Manager / Supervisor - - - 10 30 20 - - - - - - - - - 10 30 20 - - - - - - Project Coordination - - - 20 35 28 30 50 40 40 65 53 - - - 20 35 28 30 50 40 40 65 53 these fi gures. Refer to our online version at https:///salary-survey 25
Engineering & Manufacturing Project Management Contracts Manager 6 10 8 10 25 18 25 40 33 - - - 6 10 8 10 25 18 25 40 33 - - - Project Engineer 6 12 9 15 30 23 - - - - - - 6 12 9 15 30 23 - - - - - - Project / Program Director - - - - - - 30 60 45 60 125 93 - - - - - - 30 60 45 60 125 93 these fi gures. Refer to our online version at https:///salary-survey 26
India Procurement & Supply Chain As India is on the cusp of becoming the manufacturing and shared services hub for South East Asia in, demand for skilled industry professionals will increase. 3PL, Procurement and Supply Chain will play a critical role in business operations. Roles in demand Top industries Logistics & Planning Strategic Procurement Warehouse & Inventory Manufacturing Consumer Goods 3rd Party Logistics Service Providers Healthcare Shared Service Centre By the numbers * 37% 21-25% increase in number of positions in the last 12 months average salary increase when moving jobs $ Employment trends * 6 professionals 4.5 months 3 rounds average number of candidates employers interview before making a job offer average time employers take to secure talent from start of the search till joining of interviews typically undergone by candidate with a company before securing a position *These employment trends are based on Michael Page s data in the last 12 months. 27
Procurement & Supply Chain FMCG / Retail & Healthcare / Pharma Top business school graduates Procurement 14 30 22 25 45 35 40 75 58 75 120 98 15 30 23 30 50 40 45 80 63 75 120 98 Logistics (including Transportation, Warehousing) 14 30 22 25 45 35 40 75 58 75 120 98 15 30 23 30 50 40 45 80 63 75 120 98 Supply Chain 14 30 22 25 45 35 40 75 58 75 120 98 15 30 23 30 50 40 45 80 63 75 120 98 Sourcing 14 30 22 25 45 35 40 75 58 75 120 98 15 30 23 30 50 40 45 80 63 75 120 98 Planning 14 30 22 25 45 35 40 75 58 75 120 98 15 30 23 30 50 40 45 80 63 75 120 98 FMCG / Retail & Healthcare / Pharma Non business school graduates Quality 7 15 11 14 30 22 25 45 35 40 85 63 8 15 12 15 35 25 25 50 38 45 90 68 Procurement 7 15 11 14 30 22 25 45 35 40 85 63 8 15 12 15 35 25 25 50 38 45 90 68 Logistics (including Transportation, Warehousing) 7 15 11 14 30 22 25 45 35 40 85 63 8 15 12 15 35 25 25 50 38 45 90 68 Supply Chain 7 15 11 14 30 22 25 45 35 40 85 63 8 15 12 15 35 25 25 50 38 45 90 68 Sourcing 7 15 11 14 30 22 25 45 35 40 85 63 8 15 12 15 35 25 25 50 38 45 90 68 Planning 7 15 11 14 30 22 25 45 35 40 85 63 8 15 12 15 35 25 25 50 38 45 90 68 these fi gures. Refer to our online version at https:///salary-survey 28
Procurement & Supply Chain Captives / Shared Services Procurement Manager 14 20 17 15 35 25 - - - - - - 16 20 18 15 35 25 - - - - - - Vendor / Supplier Relationship Manager 14 20 17 15 35 25 - - - - - - 16 20 18 15 35 25 - - - - - - Strategic Sourcing Leader / Manager 14 20 17 15 35 25 - - - - - - 16 20 18 15 35 25 - - - - - - Category / Commodity Manager - - - 15 40 28 30 50 40 60+ 100 100 - - - 15 40 28 30 50 40 60 100 80 GM / Head of Procurement - - - - - - 40 60 50 60+ 100 100 - - - - - - 40 60 50 60 100 80 CPO / Director P2P - - - - - - 40 60 50 60+ 100 100 - - - - - - 40 60 50 60 100 80 Industrial & Manufacturing Procurement Manager 12 25 19 25 45 35 - - - - - - 14 30 22 30 45 38 - - - - - - Logistics (Including Transportation, Warehousing) 6 15 11 15 30 23 25 45 35 40 90 65 6 15 11 15 30 23 25 45 35 40 90 65 Sourcing 12 25 19 25 45 35 40 75 58 75 120 98 14 30 22 30 45 38 45 75 60 75 120 98 Quality 8 12 10 12 25 19 25 50 38 50 90 70 8 12 10 12 25 19 25 60 43 50 90 70 Head of Procurement - - - - - - 40 60 50 60 120 90 - - - - - - 40 60 50 60 120 90 these fi gures. Refer to our online version at https:///salary-survey 29
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