SalaryWatch

2025

DecodingtheSalaryDynamicsIndia

?RGFInternationalRecruitment

01

AbouttheReport01

02

MD’sMessage

02

03

JobMarketRecap

03

04

Salary&CompensationTrends06

05

SalaryGuidebyIndustry10

IndustrialManufacturing10

Technology&Digital17

Healthcare&LifeSciences24

ConsumerGoods&Retail32

CorporateServices39

06

AboutRGF45

Ta

bleofcontent

RGFSalaryWatch2025:India

AbouttheReport

MD’sMessage

JobMarketRecap

Salary&CompensationTrends

SalaryGuidebyIndustry

AboutRGF

CopyrightStatement

This"RGFSalaryWatch2025"seriesreport(hereinafter

referredtoasthe"SalaryWatchreports")andallassociatedintellectualpropertyandderivativerightsareownedbyRGFInternationalRecruitment(hereinafterreferredtoas"RGF").

TheSalaryWatchreportsareintendedsolelyforpersonalorcorporateusethrougho?cialRGFchannelsor

RGF-authorizedchannels(collectivelyreferredtoas

"RGF-authorizedchannels").WithoutpriorauthorizationfromRGF,noindividualorcompanymayusethecontentofthe

SalaryWatchreportsforcommercialpurposes,promoteordistributetheSalaryWatchreportsthroughmeansotherthantheRGF-authorizedchannels,orprovidedownloadservicesoftheSalaryWatchreportstothepublicorthirdparties.

RGFwillpursuelegalactionagainstanyinfringementofitsrights.ThecontentoftheSalaryWatchreportsisfor

referenceonly,andRGFassumesnoresponsibilityfortheoutcomesofanybusinessdecisionsmadebasedonthe

RGF’sSalaryWatch:IndiareportaimstoshedlightonsalarytrendsanddataacrossmajorindustriesandjoblevelsinIndia.Thisreportiscomposedofthreemainsections:

JobMarketRecap

Thissectionaddressesthefull-yeartrendsof2024,focusingonyear-on-yearchangesinhiring,talentgrowth,andinterview

acceptance.

SalaryandCompensationTrends

BasedonasurveyconductedinDecember2024,thissection

providesinsightsintocandidates'sentimentsandstatus

regardingsalaryandcompensationfromajob-searchperspective.

AnnualBasicSalaryRangebyIndustry

CollectedbetweenJanuary2024andJanuary2025from

RGF-ownedtalentpools,thisdataencompassesover180,000candidates.Theannualbasicsalaryde?nitionusedthroughoutthisreportexcludesallowances,stocks,bonuses,oranyotheradditionalbene?ts.

Duetothereal-timenatureofsomeofthisdata,we

encouragereaderstousetheseinsightsattheirdiscretion.

SalaryWatchreport.

Re

tthe

RGFSalaryWatch2025:India01

RGFSalaryWatch2025:India02

AbouttheReport

MD’sMessage

JobMarketRecap

Salary&CompensationTrends

SalaryGuidebyIndustry

AboutRGF

SachinKulshrestha

RGFProfessionalRecruitmentIndia

ManagingDirector

Navigatingthe2025SalaryLandscape:InsightsandProjections

2024wasayearofcontinuouschangeandchallenge,

re?ectingthedynamicglobaleconomy.Despiteanticipatedgrowth,manycompaniesfocusedoncostreductionand

e?ciencyinrecruitmenttoadapttoacontractingbusinessenvironment.Consideringtheeconomiccycle,it'scrucialtoaccountforbroaderenvironmentalimpactswhenshapingcorporatestrategies.

Lookingaheadto2025,salarystructureswillbekeyin

shapingcompanystrategies,in?uencedbycost

management,businessgrowth,andorganizational

adjustments.Tohelpcompaniesmakeinformeddecisionsonhumanresources,compensation,andbene?ts,we

presentthelatestdatainourSalaryWatchreport.Thiscomprehensivereportcoversvariousindustriesand

functionalpositions,oferingvaluableinsightsforbothcompaniesandjobseekers.

In2025,thejobmarketinIndiaisprojectedtogrow

signi?cantly,withnotablevariationsacrossdiferent

sectors.TheIndustrialManufacturingsectorwillseeamoderateincreaseinjobopportunities,drivenby

advancementsinautomationandsmartmanufacturingtechnologies.TheTechnology&Digitalsectorissetto

experiencerobustgrowth,drivenbyemerging

technologiessuchasAI,machinelearning,dataanalytics,andcloudcomputing.TheHealthcare&LifeSciences

sectorwillseesubstantialgrowthduetoincreased

investmentinhealthcareinfrastructureandtheadoptionofhealthtechsolutions.TheConsumerGoods&Retail

sectorisprojectedtogrowconsiderably,re?ectingasurgeinbothtraditionalandtech-enabledroles.TheCorporateServicessectorwillseesteadygrowth,withafocuson

rolesthatsupportdigitaltransformationandbusinesse?ciency.

Aswenavigatethroughongoinguncertaintiesand

changes,weremainoptimisticaboutdiscoveringnew

opportunitiesforgrowth.Despitethechallenges,the

economicstabilizationandthediverseapproaches

organizationsaretakingtomanagetheirbudgets,we

believeinthepresenceofguidingprinciplesthatwillleadustowardtherightpath.

Thankyouonceagainforyourcontinuedsupportandcollaboration.Welookforwardtoempoweringyour

strategicinitiativesandsupportingyourgrowthinanincreasinglycompetitivemarket.

RGFSalaryWatch2025:India03

AbouttheReport

MD’sMessage

2024JobMarketRecap

JobMarketRecap

Salary&CompensationTrends

SalaryGuidebyIndustry

AboutRGF

Hiring

+

4.7%

+

2.9%

+

1.8%

+

6.8%

Q1Q2Q3Q4

*RGF-owneddatabaseofhiringdemand,comparedtothe2023averageasabenchmark.

Demand

India'shiringdemandformidtohighleveltalentin2024hasshowna?uctuatingyetincreasingtrendoverall.Whiletherewasasigni?cantgrowthupto6.79%inQ3,the

averagehiringdemanddroppedbackinQ4.TheCorporateServicessectorexperiencedthemostsigni?cantvolatility,withquarterlyshiftsexceeding15%throughouttheyear.Thehighestdemandforrecruitmentisconcentratedat

themiddleoftheyear,suchasMayandJuly,andis

relativelyloweratthebeginningandendoftheyear,

althoughoverallitisstillhigherthanlastyear,re?ectingchangesinthemarketandcontinuedpositive

developments.

RGFSalaryWatch2025:India04

AbouttheReport

MD’sMessage

JobMarketRecap

Salary&CompensationTrends

SalaryGuidebyIndustry

AboutRGF

2024JobMarketRecap

+

3.8%

+

3.7%

—

5%

—

1.6%

Q2

Q1

Q3

Q4

*RGF-owneddatabaseofthenumberofcandidatesactivelyjob-seeking,comparedtothe2023averageasabenchmark.

TalentGrowth

|ndia’sjobmarketacross2024remainedre|ative|ystab|e,withami|dincreaseinta|entactivityduringthe?rstha|fandagradua|dec|inethesecondha|f.Comparedto2023,overa||jobsearchingactivityre?ectsacautiousapproachamongcandidates.However,theHea|thcare&Life

Sciencessectorstoodout,maintainingconsistent|eve|

throughouttheyear.Thisresi|iencehigh|ightsthesector’sgrowingsigni?canceandsteadydemandforspecia|izedta|ents,evenasotherindustriesfacedreduced

engagement.

RGFSalaryWatch2025:India05

AbouttheReport

MD’sMessage

JobMarketRecap

Salary&CompensationTrends

SalaryGuidebyIndustry

AboutRGF

2024JobMarketRecap

+

4.8%

+

4.8%

Q1

+4.8%

Q2

+4.7%

Q3

+4.8%

Q4

+4.7%

InterviewAcceptance

In2024,thejobinterviewacceptancerateinIndiashowedamodestimprovement,withtheaverageratioofcandidatesenteringthe

interviewstageincreasingbyapproximately5%comparedto2023.Thispositiveshift,whileincremental,re?ectsasteadyhiringdemandacrossindustries.Thisslightincreasehighlightsabalancedtalent

marketwhereopportunitiesandcandidateengagementalignclosely,supportingamoreproactivehiringlandscape.

*RGF-owneddatabaseoftheratioofnewlysubmittedcandidatesenteringtheinterviewstage,comparedtothe2023averageasabenchmark.

RGFSalaryWatch2025:India06

AbouttheReport

MD’sMessage

JobMarketRecap

Salary&CompensationTrends

SalaryGuidebyIndustry

AboutRGF

Salary&CompensationTrends

ABalancedSalarySnapshotinIndia:49%GetRaises,45%StaySteady,6%TakeaHit

Whenaskediftheyreceivedasalaryincreasein2024,thedataindicatesa

relativelybalancedresponsefromIndianemployees’perspective.Amajorityofrespondents,around49%,reportedreceivingasalaryincrease.Meanwhile,asignificantportion,45%,experiencednochangeintheirearnings.Onlyasmallminority,6%,sawareductionintheirsalary.

EmployeeSalarySatisfaction:MajorityDiscontentDespite35%HappywithPay

Salaryandcompensationconsistentlytopthelistasoneofthemostexciting

incentivesforcareeradvancement,especiallyinIndia’sjobmarket,wheretheyplayacrucialroleasmotivators.Resultsshowedthat35%ofIndia'semployeesaresatisfiedwiththeircurrentsalaryandcompensationpackage.However,amajority,53%,expresseddissatisfaction,highlightingasignificantlevelof

discontentamongtheworkforce.Additionally,12%ofrespondentswereneutral,neithersatisfiednordissatisfiedwiththeircompensation.

Question:Haveyoureceivedasalaryincreasein2024?

Yes49% No45% No,Ireceivedasalarydecrease6%

Question:Howsatis?edareyouwithyourcurrentsalary&compensationpackage?

Satisfied35% Dissatisfied53%

Neutral12%

*DatafromthesurveyconductedinDecember2024capturesthesentimentandstatusofcandidatesregardingsalaryandcompensationfromajob-searchperspective.

RGFSalaryWatch2025:India07

AbouttheReport

MD’sMessage

JobMarketRecap

Salary&CompensationTrends

SalaryGuidebyIndustry

AboutRGF

Salary&CompensationTrends

Question:Whenareyoulikelytolookforanewjob?

71%ofIndia’sEmployeesOpentoNewJobOpportunitiesAmidDynamicMarket

I’mopentoanewjobnow71%

H1202524%

●H220255%

Noplanstoleave0%

RespondingtothedynamicnatureofIndia'sjobmarket,71%ofrespondentsarecurrentlyopentoseekingnewjobopportunities,indicatingasignificantlyhighlevelofjobmobility.Additionally,24%plantolookfornewjobsinthefirsthalfof2025,and5%intendtodosointhesecondhalfof2025.Notably,noneofthesurveyedemployeeshaveexpressedplanstostayintheircurrentjobs,reflectingadynamicjobmarketinIndiawithastrongdesireforchangeamongtheworkforce.

Question:Whatisyourdesiredsalaryincreaseforajobchange?

90%ofIndia’sEmployeesSeek11%+SalaryHikeforJobChanges

WhenitcomestodesiredsalaryincreasesforjobchangesamongIndia's

1%-5%0%

●6%-10%4% 11%ormore90% Icanacceptnewjobopportunitieswithnoincrease6%

employees,asubstantialmajority,90%,arelookingforanincreaseof11%ormore.Only4%wouldconsideraraisebetween6%and10%,andnoneare

seekinga1%-5%increase.Additionally,6%ofemployeesareopentonewjobopportunitiesevenwithoutasalaryincrease,indicatingthatforsome,factorsotherthansalarymaybeapriority.

*DatafromthesurveyconductedinDecember2024capturesthesentimentandstatusofcandidatesregardingsalaryandcompensationfromajob-searchperspective.

RGFSalaryWatch2025:India08

AbouttheReport

MD’sMessage

JobMarketRecap

Salary&CompensationTrends

SalaryGuidebyIndustry

AboutRGF

Salary&CompensationTrends

BaseSalaryTopsPrioritiesforIndianEmployees,FlexibilityandBonusesFollow

Significantly,wealsofoundthatforIndia'semployees,themostcriticalcomponentofacompensationpackageisthebasesalary,with58%prioritizingit.Flexibilityinworkhoursisalsohighlyvalued,beingthesecondmostimportantaspectat28%.Commissionorbonusschemesareconsideredimportantby9%ofrespondents,whilestockoptionsaretheleastprioritized,withonly5%findingthemsignificant.Thissuggeststhatwhileadditionalbenefitsareappreciated,asolidbasesalary

andwork-lifebalanceareparamountforIndia'semployees.

56%ofIndia’sEmployeesSeekBalanceBetweenSalaryandBene?ts

However,whenitcomestopreferencesbetweenahighersalaryandmore

comprehensivebenefits,amajorityof56%ofIndia'semployeespreferabalanceofboth.Thissuggeststhatwhilefinancialcompensationisimportant,employeesalsovalueadditionalbenefits.Asignificant32%wouldchooseahighersalaryovermorebenefits,while12%wouldoptformorecomprehensivebenefits,whichmayincludehealthinsurance,retirementplans,orotherperksthatcontributetooveralljobsatisfactionandwell-being.

Question:Whatisthemostimportantaspectofacompensationpackageforyou?

Flexibilityinworkhours28%

Commission/bonusschemes9%

●Stockoptions5%

Basesalary58%

Question:Wouldyoupreferahighersalaryormorecomprehensivebene?ts?

Highersalary32% Morecomprehensivebenefits12% Abalanceofboth56%

*DatafromthesurveyconductedinDecember2024capturesthesentimentandstatusofcandidatesregardingsalaryandcompensationfromajob-searchperspective.

RGFSalaryWatch2025:India09

AbouttheReport

MD’sMessage

JobMarketRecap

Salary&CompensationTrends

SalaryGuidebyIndustry

AboutRGF

Salary&CompensationTrends

Question:Howdoyouprefertoberewardedforyourperformance?

India’sEmployeesFavorLearningOpportunitiesOverBonusesforPerformanceRewards

Monetarybonuses41%

●Publicrecognition5%

●Promotion5%

Additionallearning/developmentopportunities50%

Surprisingly,whenitcomestorewardsforperformance,thesurveyresults

showedIndia’semployeesstronglypreferadditionallearninganddevelopmentopportunities,with50%favoringthistypeofreward.Thishighlightsasignificantemphasisonpersonalandprofessionalgrowth.Monetarybonusesarealso

valued,with41%ofrespondentspreferringthem.Publicrecognitionand

promotionarelessprioritized,withonly5%eachindicatingapreferencefortheserewards.

Question:Whatdoyouthinkwillbethebiggestchangeinsalaryandcompensationtrendsin2025?

2025SalaryTrends:In?ationAdjustments,Equity,andPerformance-BasedIncentivesExpected

Increasedfocusonequityandfairness23% Greatertransparencyinpayscales23% Moreperformance-basedincentives15% Salaryadjustmentsduetoinflation38%

Regardingtheanticipatedsalaryandcompensationtrendsfor2025,theresultsrevealedthat38%expectsalaryadjustmentsduetoinflation,reflecting

concernsaboutthecostofliving.Anincreasedfocusonequityandfairness,aswellasgreatertransparencyinpayscales,areeachanticipatedby23%of

respondents.Meanwhile,15%foreseeariseinperformance-basedincentives.Theseinsightsreflecthopesforamoreequitable,transparent,and

performance-orientedcompensationlandscape.

*DatafromthesurveyconductedinDecember2024capturesthesentimentandstatusofcandidatesregardingsalaryandcompensationfromajob-searchperspective.

IndustrialManufacturing

Technology&Digital

Healthcare&LifeSciences

ConsumerGoods&Retail

CorporateServices

IndustrialManufacturing

RGFSalaryWatch2025:India10

TableofContents

KeySalaryFigures-IndustrialManufacturing

HotJobs-IndustrialManufacturing

AnnualBasicSalaryRange-IndustrialManufacturing

KeySalaryFigures-IndustrialManufacturing

Salaryincreasethat

employersareprojectedtooferwhenexternallyhiringin2025

20-25%

2024*2025**

Averageannualsalaryincreasereceivedbyemployees

Employeessalaryincrease

expectationinthenext6~12months

Projectedaverageannualsalaryincreasebyemployers

8%

8%

8%

9%

10%

9%

*RGFTalentinAsia2024IndiaReport,whichcompilestalentsurveyresponsesfromaround200employersandcandidates

**RGFForecastsarederivedfromthecombineddataofpastyears'hiringplacementsandjobsearchinformationfromtheRGF-owneddatabase

RGFSalaryWatch2025:India11

TableofContents

KeySalaryFigures-IndustrialManufacturing

HotJobs-IndustrialManufacturing

HotJobs-IndustrialManufacturing

AnnualBasicSalaryRange-IndustrialManufacturing

R&D

Manager/Supervisor/Engineer

SkillsinDemand

AdvancedManufacturingTechniques,GxP,

StandardOperatingProcedure(SOP),Chemistrybackground

Predictedsalary

increaseforchangingjobsin2025

10-15%

Manufacturing,Production&OperationManager/Supervisor

SkillsinDemand

AnalyticalSkills,SupplyChainManagement,ContinuousImprovement

Predictedsalary

increaseforchangingjobsin2025

8-12%

QualityManagementManager/Supervisor

SkillsinDemand

Automation,QAEngineering,SupplierDevelopment

Predictedsalary

increaseforchangingjobsin2025

8-12%

MarketingManager

Sales

Manager/BusinessDevelopmentManager/AccountExecutive

SkillsinDemand

DigitalMarketing,MarketResearch,StrategicPlanning

SkillsinDemand

SalesManagement,SalesProcessesOptimization,CRM

8-12%

Predictedsalary

increaseforchangingjobsin2025

Predictedsalary

increaseforchangingjobsin2025

10-15%

IndustriaIManufacturi

RGFSalaryWatch2025:India12

RGFSalaryWatch2025:India13

TableofContents

KeySalaryFigures-IndustrialManufacturing

HotJobs-IndustrialManufacturing

AnnualBasicSalaryRange-IndustrialManufacturing

AnnualBasicSalaryRange

IndustrialManufacturing(Unit:1,000INR)

SeniorManagement

Min

Position

Max

22,477

15,500

12,880

12,500

10,692

10,500

9,000

9,000

7,000

44,084

31,150

23,632

32,000

22,898

22,000

25,500

22,000

16,500

GlobalMNC

LargeLocal/GlobalMNCHQ

SME

GlobalMNC

LargeLocal/GlobalMNCHQ

SME

GlobalMNC

LargeLocal/GlobalMNCHQ

SME

CEO/President

GM

VP

CompanyType

R&D

Min

Position

Max

20,000

18,000

13,500

5,500

3,200

4,500

3,200

2,800

2,400

1,800

1,620

1,700

7,500

7,000

5,200

2,400

1,800

1,80