Why Bangalore only
Bangalore is the leading IT , R&D exporter and the third largest city in the country. The city is leading on best paying city in the country. Bangalore is also having headquarters of many Public sector undertaking (PSU) like Bharat Electronics Limited (BEL), Hindustan Aeronautics Limited (HAL), National Aerospace Laboratories (NAL), Bharat Heavy Electricals Limited (BHEL), Bharat Earth Movers Limited (BEML), Central Manufacturing Technology Institute (CMTI) and HMT (formerly Hindustan Machine Tools). The headquarter of Infosys and Wipro, third and fourth largest software companies of India are also in Bangalore. Many Research And Development (R&D) centre of MNCs are existing there like ABB, Airbus, Bosch, Boeing, GE, GM, Google, Microsoft, Mercedes-Benz, Nokia, Oracle, Philips, Shell, Toyota and Tyco. Around, one third of the IT export of India is contributed by the Bangalore, that makes Bangalore as Silicon Valley Of India. Being, IT hub of country, Itâ€™s IT industry which brought the city to stand among top ten preferred entrepreneurial locations in the world. This push demand side pressure and infrastructure for it’s overall development. That is why, today Bangalore is the favourite destination for IT professional and other also.
Salaries in Bangalore for IT Professionals
|Senior Software Engineer||Rs. 7 02 929|
|Software Engineer||Rs. 4 34 891|
|Project Manager IT||Rs. 12 41 960|
|SAP Consultant||Rs. 6 16 912|
|Software Developer||Rs. 3 90 795|
|Sr. Software Engineer||Rs. 6 94 218|
|Lead software Engineer||Rs. 10 02 310|
Among IT professionals, the project manager are the one who are paid the highest salaries due to experience, knowledge and responsibilities. Among IT Professionals, Software Engineer and Developers are paid the lowest package. where, the Senior Software Engineer and SAP Consultant are paid around on an average of Rs. 6 – Rs.7 lakh annually (Median Salary).
Other Professionals and Degree holder
Bachelor degree holder (Science and non-science holder) are having their median salary in the bracket of Rs. 1.5 – Rs. 2.75 lakh. MBA Degree holders are paid little more than this. Engineers are paid around Rs. 3 Lakh of average (Median) annual package. B.Tech holder (with experience of 0-2 year) are also paid well above Rs. 3 lakh. MCA Degree holder are used to get the salary of around Rs.3.1 Lakh of annual package (Median salary). where, the application developer are getting more than other MCA Degree Holder.
The deemed Institute, IIM Bangalore is having average annual salary package of Rs.19.5 lakh this year, which is 15- 20 % above then the last year’s package. Accenture, McKinsey, Boston Consulting Group, Vodafone, Amazon, EXL and Reliance Industries are major recruiters of this year. If we talk about sectoral comparison then, the consulting firms are having 27% of total placement, where 19% by Banking & Finance, 17% by IT & Technologies and 14% by General Management.
Government jobs in Bangalore
Since, Bangalore is known as IT hub. But it’s not only attractive for job seeker in private sector but also in Government sector. Bruhat Bengalaru Mahanagar Pallika is one of the main organizations providing government jobs in Bangalore. Bruhat Bengalaru Mahanagar Pallika is one of the main organizations providing government jobs in Bangalore. This organizations deal in numerous services such as tender, health, property tax, birth certificate, filing grievance redressal and engineering. Then one can also find government jobs in Bangalore in some of the organizations like Bangalore Medical College and research institute, Bangalore water supply and sewerage board, Centre for Soft matter Research, Bharat Heavy Electricals, Bharat Electronics, National Institute of Unani Medicine etc. Besides IT, education department and outsourcing department are quite welcoming in Bangalore.
Comparison with other cities
Among IT professionals, Project managers are enjoying the highest packages in Bangalore in comparison with the other metropolitan cities like Delhi, Mumbai, Kolkata, and Chennai. Although, all the cities are having similar annual packages. Software Engineers of Kolkata are enjoying the highest average packages. Bangalore is also great destination for Software Engineers, There is only minute difference between the average annual salary packages. Mumbai is having the lowest packages for Software Engineer. Bangalore is also paying handsome salary packages to their Bachelor Degree holder. Kolkata is lowest paying metropolitan for their Bachelor Degree holder. Bangalore is also paying the handsome salary to their MBA Degree holder in IT, which is highest among the top metropolitan cities. Management degree holder in marketing and business development are enjoying their best salary in Delhi and Mumbai. Delhi and Mumbai are also paying handsome salaries to marketing, sales and finance department managers.
Being IT hub, Bangalore is boon for the IT professionals. They are enjoying highest salaries in the country. Other professionals are also paid well in comparison with other metropolitan cities. Only, sales, marketing and Finance jobs are little bit paid lower than Delhi and Mumbai.