Have you ever wondered how much does a person working in India earns? And do you have any idea about the average salary in India?
In India, the average monthly salary is around 16,000 INR. Though, the average salary in India has been rising every year, which is always good news. The minimum wage ranges from 2,250 INR (minimum salary) to 70,000 INR (maximum salary) a month for unskilled workers in various states and sectors.
If we convert it into US Dollars, it would be around 300$.
If you are surprised to notice this, then read this article to find out more about where India stands when compared to other developed and developing nations in average salaries?
What is the hourly wage in India?
What is the earning percentage, and cities wise salary comparison?
Though at the moment the Indian Economy has been showing signs of decline, still India is one of the leading countries in Asia continent for an average salary increase. Also, you need to know about the average salary for a specific job, for the country that you reside in. Being said that, one must understand that salaries may vary hugely between different job profiles.
Normally, when we talk about salary, it hugely depends upon education, city, gender, age, experience, and obviously, the country in which we are residing. According to the research done by the experts, it was reported that 57% of regular Indian employees earn less than 10,000 INR.
Table of Contents
Average Salary in India
Before we talk about the average salary in India, let’s have a look at the average salary of some developed nations as well as the average salary of some developing countries. By knowing that, you can have a fair amount of idea about the average salary of different nations and where we stand as an Indian by comparing any of the nations with us.
Average Salary of Developed Countries
Switzerland- 5,458.40$
China- 4,534$
Canada- 4,433$
Singapore- 3,377.33$
Norway- 3,231.72$
United States- 3,209.00$
Japan-2,531.01$
Germany- 2,521.94$
Greece- 2,040 $
Poland- 1,100$
Hungary- 1,020$
Turkey- 420$
Average Salary of Developing Countries
Thailand- 631.40$
Philippines- 292.47$
Egypt- 212.04$
Indonesia- 331.97$
India- 300.00$
The median salary in India is around 16,000 INR which means that half of the population is earning less than this amount and half of them are earning more than 16,000 INR.
Not to mention that everyone wants to be on the second side of the graph, earning more than 16,000 INR of the median salary. There is a continuous increment but slow since for the last couple of years.
What is the Median Salary?
The term “median” means the middle and, as it relates to salaries, it is the one that, if you list in numerical order all the salaries for every individual working in an organization, falls in the middle of the list.
Half of the individuals on that list earn less than the median salary and half earns more than that.
Calculating the median when there is an odd number of figures requires an extra step. Since there isn’t a figure that is dead center on the list, the median is the average of the two salaries that fall in the middle.
To make you understand more clearly, let’s look at a couple of examples.
Let’s say there is three Engineer. Their salaries, from lowest to highest, are $25,000, $30,000 and $35,000. The median salary is $30,000 since we got a middle figure.
But, what if there is a fourth Engineer salary maker who earns $32,000.
We will have two middle figures then, i.e. $30,000 and $32,000.
In that case, we need to calculate the average salaries of those two figures, which we can be done by adding them together ($30,000+$32,000), followed by dividing the sum by two ($62,000÷2). (Since we calculate average salaries of two figures)
The median salary comes up to $31,000.
Average Hourly Wage in India
The report says that an average hourly wage for all jobs is around 96 INR, which means that in India a worker on average earns 96 INR approximately against every hour he worked.
Hourly wage means the salary paid for every hour, i.e. hourly basis.
Normally, jobs in India are categorized into two main sections, one on is salary basis and the second on an hourly basis.
If you work on a salary basis, you get a fixed salary every month, whereas if you work on an hourly basis, you will get paid according to per hour.
You can calculate hourly wage by using the below formula:
Suppose you work for 5 days a week, and every day you work for 8 hours. The average hourly wage should be calculated for 40 hours (i.e. 5*8)
Salary comparison between major cities in India
City Average Salary
Agra 15,245 INR
Ahmadabad 18,849 INR
Bangalore 18,101 INR
Bhopal 16,546 INR
Chennai 17,691 INR
Coimbatore 15,685 INR
Delhi 19,094 INR
Ghaziabad 16,003 INR
Hyderabad 19,573 INR
Indore 16,702 INR
Jaipur 18,564 INR
Kanpur 17,116 INR
Kolkata 18,328 INR
Lucknow 17,306 INR
Ludhiana 16,550 INR
Madurai 14,689 INR
Mumbai 19,172 INR
Nagpur 17,115 INR
Patna 15,385 INR
Pune 17,796 INR
Surat 18,333 INR
Vadodara 15,857 INR
Visakhapatnam 15,771 INR
Note: The above figures are approximate, and minor changes might occur which is acceptable.
Salary comparison between States and Union Territory in India
State / UT Average Salary
Andaman & Nicobar Islands 14,350 INR
Andhra Pradesh 18,518 INR
Arunachal Pradesh 15,591 INR
Assam 17,862 INR
Bihar 19,963 INR
Chandigarh 14,944 INR
Chhattisgarh 17,568 INR
Dadra & Nagar Haveli 14,626 INR
Daman & Diu 14,292 INR
Delhi 17,098 INR
Goa 15,544 INR
Gujarat 18,881 INR
Haryana 17,325 INR
Himachal Pradesh 16,642 INR
Jammu & Kashmir 17,009 INR
Jharkhand 18,430 INR
Karnataka 19,152 INR
Kerala 18,291 INR
Lakshadweep 14,261 INR
Madhya Pradesh 19,738 INR
Maharashtra 20,110 INR
Manipur 16,422 INR
Meghalaya 16,262 INR
Mizoram 15,393 INR
Nagaland 16,117 INR
Orissa 18,793 INR
Pondicherry 15,617 INR
Punjab 18,119 INR
Rajasthan 19,738 INR
Sikkim 15,129 INR
Tamil Nadu 19,599 INR
Tripura 16,764 INR
Uttar Pradesh 20,729 INR
Uttaranchal 17,138 INR
West Bengal 20,213 INR
Note: The above figures are approximate, and minor changes might occur which is acceptable.
Average Salary for different Job Profile
Job Title Average Salary
Accountant 11,109 INR
Administrative Assistant 8,641 INR
Architect 14,812 INR
Attorney 23,658 INR
Biomedical Engineer 13,990 INR
CAD Drafter 12,344 INR
Cashier 9,258 INR
Chartered Accountant 14,195 INR
Chef 13,373 INR
Chief Executive Officer 37,031 INR
Chief Financial Officer 3,945 INR
Civil Engineer 14,812 INR
Computer Technician 12,549 INR
Creative Director 16,664 INR
Dentist 39,087 INR
Developer / Programmer 14,400 INR
Electrical Engineer 16,047 INR
Elementary School Teacher 11,314 INR
Engineer 14,812 INR
Executive Chef 14,400 INR
Flight Attendant 14,195 INR
General Manager 28,803 INR
Graphic Designer 11,314 INR
Hotel Manager 24,275 INR
Human Resources Manager 22,631 INR
Internal Auditor 16,869 INR
Journalist 16,047 INR
Legal Assistant 11,726 INR
Mechanical Engineer 16,047 INR
Nurse 12,961 INR
Pharmacist 18,516 INR
Photographer 11,109 INR
Pilot 19,545 INR
Police Officer 12,961 INR
Project Manager 18,516 INR
Receptionist 11,931 INR
Receptionist 9,053 INR
Sales Manager 25,717 INR
Sales Representative 10,697 INR
Secondary School Teacher 13,373 INR
Secretary 8,845 INR
Teacher 12,549 INR
Teller 11,109 INR
Travel Agent 13,373 INR
Waiter / Waitress 9,875 INR
Note: The above figures are approximate, and minor changes might occur which is acceptable.
So, this was the average salary according to the cities, states, and different jobs profile. This would have you a fair amount of idea about the average salary in India and around the world.
We do hope that you are quite aware of where we stand being an Indian and what profession will provide you with better opportunities when it comes to earning more money.
Conclusion
The average salary in India is increasing every year, as stated at the beginning of this article.
Though there are some exceptions as well, where salaries remain the same and unchanged in some sectors; government needs to be taken some effective steps and have to implement good government policies for them.
Thus, one should be attentive and wise while selecting any specific career options because it depends a lot on what career option you choose and how much you will be getting paid.
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