Blog Synopsis
Introduction
It’s crucial for a person to know if their salary matches the industry standard or not. Presently, a number of variables are at their disposal to instantly know what’s going around.
To procure an ambitious remuneration, an individual needs to be capable of accurately evaluating their education, skills, appropriate training, preceding experience, etc.
Another important evaluation is that of an employer – where they stand in the market and if they’re competent enough to offer the potential employees what they deserve.
The positive aspect today is the internet – now people have access to countless sites that can provide them with information on specific industries and their salaries as per industry standards even before they can step into the role.
With firms vying to be on top nowadays, they try to be as transparent as they can about their figures and salary scales to portray in front of the potential employees. And with features like salary comparison tools available at hand on the websites themselves it just becomes more of a cakewalk.
Tools such as these help in gauging the competitive salary ranges according to the industry standards.
The table below will give a professional an overview of the major roles in the Tech, Media, and Finance industries and their salaries as per the industry standards.
1. IT Industry standard salary
| Seq | Job Roles | Average Salary |
| 1 | Product Manager | ₹6L – ₹35L per annum |
| 2 | Artificial Intelligence (AI) Engineer | ₹8L – ₹50L per annum |
| 3 | Cloud Architect | ₹9L – ₹38L per annum |
| 4 | DevOps Engineer | ₹4.2L – 12.5L per annum |
| 5 | Blockchain Engineer | ₹2.2L – ₹20L per annum |
| 6 | Full Stack Developer | ₹2.5L – ₹18L per annum |
| 7 | Software Architect | ₹13L – ₹46L per annum |
| 8 | Big Data Engineer | ₹4L – 17L per annum |
| 9 | Data Scientist | ₹4L – 25L per annum |
| 10 | Internet of Things (IoT) Solutions Architect | ₹12.5L – ₹42L per annum |
(Note: The salary scales can easily vary according to the location, company profile, skillset, experience and other aspects.)
2. Media Industry Standard Salary
| Seq | Job Roles | Average Salary |
| 1 | Communications Director | ₹2L – ₹52L per annum |
| 2 | Communication Strategist | ₹3L – ₹27L per annum |
| 3 | Public Relations (PR) Manager | ₹3.5L – ₹15L per annum |
| 4 | Content Marketing Manager | ₹5.5L – ₹22L per annum |
| 5 | Digital Marketing Manager | ₹6L – ₹20L per annum |
| 6 | News Anchor | ₹0.5 – ₹23.1L per annum |
| 7 | Graphic Designer | ₹1.4L – 6.5L per annum |
| 8 | Editor | ₹ 1.3 – ₹6.5 per annum |
| 9 | Videographer | ₹0.2L – ₹7L per annum |
| 10 | Photographer | ₹0.2L – 6.4L per annum |
(Note: The salary scales can easily vary according to the location, company profile, skillset, experience and other aspects.)
Also Read : Employee Pay Particulars or Salary Slip Details
3. Finance Industry Standard Salary
| Seq | Job Roles | Average Salary |
| 1 | Chief Financial Officer | ₹8L – ₹99L per annum |
| 2 | Financial Advisor | ₹1.1L – ₹8L per annum |
| 3 | Financial Analyst | ₹2.1L – ₹11L per annum |
| 4 | Accountant | ₹1.5L – ₹12L per annum |
| 5 | Investment Banker | ₹2.5L – ₹70L per annum |
| 6 | Hedge Fund Manager | ₹3L – ₹70L per annum |
| 7 | Equity Research Associate | ₹3L – ₹30L per annum |
| 8 | Loan Officer | ₹2L – ₹17L per annum |
| 9 | Accounts and Finance Manager | ₹4L – ₹22L per annum |
| 10 | Auditor | ₹1L – ₹10L per annum |
(Note: The salary scales can easily vary according to the location, company profile, skillset, experience and other aspects.) (Source: PayScale.com, AmbitionBox.com)
4. Medical industry/ Healthcare Standard Salary
| Seq | Job Roles | Average Salary |
| 1 | OB-GYN | ₹1L – ₹30L per annum |
| 2 | Psychiatrist | ₹1L – ₹23L per annum |
| 3 | Orthodontist | ₹0.09L – ₹23.2L per annum |
| 4 | Surgeon | ₹1.0L – ₹29.7L per annum |
| 5 | Anesthesiologist | ₹1.0L – ₹51.5L per annum |
| 6 | Staff nurse | ₹ 0.2L -₹ 4.4L per annum |
| 7 | Dentist | ₹0.3L – ₹7L per annum |
| 8 | Dermatology | ₹1L- ₹24L per annum |
| 9 | Oral surgeon | ₹0.4L -₹ 20.6L per annum |
| 10 | Veterinarian | ₹0.5L – ₹10L Per annum |
(Source: ambitionBox.com, PayScale.com)
5. Engineering Industry Standard Salary
| Seq | Job Roles | Average Salary |
| 1 | Aerospace and Aeronautical Engineers | ₹0.9L – ₹17.7L per annum |
| 2 | Civil Engineers | ₹1.2L – ₹6.9L per annum |
| 3 | Electrical Engineers | ₹1.5L – ₹7.6L per annum |
| 4 | Industrial and Mechanical Engineers | ₹1.2L – ₹7.7L per annum |
| 5 | Mining Engineers | ₹1.0L – ₹10.2L per annum |
| 6 | Telecommunication Engineers | ₹1.4L -₹ 14L per annum |
| 7 | Chemical and Material Engineers | ₹1.5L – ₹8.5L per annum |
| 8 | Manufacturing Engineers | ₹1.5L- ₹5.6L per annum |
| 9 | Process Engineers | ₹1.6L -₹ 9.5L per annum |
| 10 | Veterinarian | ₹1.9L – ₹10L Per annum |
(Source: ambitionBox.com, PayScale.com)
6. Legal Industry Standard Salary
| Seq | Job Roles | Average Salary |
| 1 | Criminal Lawyer | ₹1L – ₹6L per annum |
| 2 | Corporate Lawyer | ₹2L – ₹22L per annum |
| 3 | Junior Legal Associate | ₹0.3L – ₹5L per annum |
| 4 | Legal Journalist | ₹2.6L – ₹3.6L per annum |
| 5 | Trademark Law Analyst | ₹1.0L – ₹4.0L per annum |
| 6 | Civil Lawyer | ₹0.1L -₹8.9L per annum |
| 7 | Legal Advisor | ₹1.2L – ₹14.1L per annum |
| 8 | Cyber Law | ₹7L- ₹15L per annum |
| 9 | Corporate Law | ₹2L -₹22L per annum |
| 10 | Consumer Law | ₹3.6L – ₹4.4L Per annum |
(Source: ambitionBox.com, PayScale.com)
7. Mining, Resources and Energy Industry Standard Salary
| Seq | Job Roles | Average Salary |
| 1 | Blaster | ₹0.2L – ₹40L per annum |
| 2 | Heavy Equipment Operator | ₹0.2L – ₹12L per annum |
| 3 | Mining Engineer | ₹1L – ₹10.2L per annum |
| 4 | Mine Supervisor | ₹0.2L – ₹4L per annum |
| 5 | Material Planner | ₹2L – ₹12.5L per annum |
| 6 | Site Surveyor | ₹0.3L -₹6.2L per annum |
| 7 | Geotechnical Engineer | ₹1.8L – ₹11.5L per annum |
| 8 | Drillers | ₹1L- ₹45L per annum |
| 9 | Project Manager | ₹4.2L -₹28L per annum |
| 10 | Metallurgist | ₹1.4L – ₹10.1L Per annum |
(Source: ambitionBox.com, PayScale.com)
8. Agriculture Industry Standard Salary
| Seq | Job Roles | Average Salary |
| 1 | Biochemist | ₹0.2L – ₹7.3L per annum |
| 2 | Food Scientist | ₹0.2L – ₹6.2L per annum |
| 3 | Farm Workers and Laborers | ₹0.1L – ₹24.8L per annum |
| 4 | Agricultural Operations Manager | ₹2.8L – ₹18L per annum |
| 5 | Commercial Horticulturist | ₹1.8L – ₹7.8L per annum |
| 6 | Agricultural Engineers | ₹0.2L -₹15.2L per annum |
| 7 | Agronomy Sales Manager | ₹3.5L – ₹17.1L per annum |
| 8 | Bioinformatics Scientist | ₹2.8L- ₹51L per annum |
| 9 | Animal Nutritionist | ₹4L -₹15.3L per annum |
| 10 | Farm Manager | ₹0.5L – ₹18L Per annum |
(Source: ambitionBox.com, PayScale.com)
9. Aviation Sector Standard Salary
| Seq | Job Roles | Average Salary |
| 1 | Pilot | ₹0.2L – ₹73.8L per annum |
| 2 | Flight Attendant | ₹1.6L – ₹20.5L per annum |
| 3 | Cargo Agent | ₹0.8L – ₹6L per annum |
| 4 | Airfield Security Manager | ₹5.4L – ₹12L per annum |
| 5 | Airport Manager | ₹0.3L – ₹16.5L per annum |
| 6 | Ground Staff | ₹0.2L -₹4L per annum |
| 7 | Aircraft Maintenance Technician | ₹1.1L – ₹10L per annum |
| 8 | Aerospace Engineer | ₹1.4L- ₹20L per annum |
| 9 | Avionics Technician | ₹0.2L -₹16.2L per annum |
| 10 | Meteoroligist | ₹4L – ₹10L Per annum |
(Source: ambitionBox.com, PayScale.com)
10. Tourism Industry Standard Salary
| Seq | Job Roles | Average Salary |
| 1 | Adventure Guide | ₹0.2L – ₹8.7L per annum |
| 2 | Travel Consultant | ₹1.8L – ₹5.5L per annum |
| 3 | Hotel Manager | ₹0.2L – ₹12L per annum |
| 4 | Specialist Tour Manager | ₹1L – ₹8.8L per annum |
| 5 | Event Specialist | ₹0.9L – ₹10L per annum |
| 6 | Interpreter | ₹0.5L -₹9L per annum |
| 7 | Travel Agent | ₹0.2L – ₹5.1L per annum |
| 8 | Ticketing Agent | ₹0.2L- ₹5.5L per annum |
| 9 | Travel Writer | ₹2.1L -₹10L per annum |
| 10 | Travel Photographer | ₹1.8L – ₹6L Per annum |
(Source: ambitionBox.com, PayScale.com)
11. Education Industry Standard Salary
| Seq | Job Roles | Average Salary |
| 1 | Teachers | ₹0.2L – ₹5.0L per annum |
| 2 | Education Administrators and Managers | ₹0.4L – ₹6.6L per annum |
| 3 | School Psychologist | ₹2.1L – ₹6.3L per annum |
| 4 | Instructional Coordinators | ₹2L – ₹7.4L per annum |
| 5 | Curriculum Developers and Writer | ₹2.5L – ₹13.4L per annum |
| 6 | Librarian | ₹0.4L -₹6.1L per annum |
| 7 | Educational Specialist | ₹5L – ₹8.2L per annum |
| 8 | Sports Coach | ₹0.2L- ₹6L per annum |
| 9 | College Dean | ₹6.2L -₹35L per annum |
| 10 | Educational Researchers | ₹1L – ₹5.8L Per annum |
(Source: ambitionBox.com, PayScale.com)
12. Real Estate Industry Standard Salary
| Seq | Job Roles | Average Salary |
| 1 | Leasing Manager | ₹3.2L – ₹24.4L per annum |
| 2 | Foreclosure Specialist | ₹2.5L – ₹4.6L per annum |
| 3 | Leasing Consultant | ₹4.5L – ₹31.2L per annum |
| 4 | Property Manager | ₹1.8L – ₹12L per annum |
| 5 | Real Estate Manager | ₹0.3L – ₹18L per annum |
| 6 | Mortgage Processor | ₹1.6L -₹6L per annum |
| 7 | Escrow Associate | ₹2.5L – ₹4.2L per annum |
| 8 | Property Developer | ₹2L- ₹28L per annum |
| 9 | Mortgage Broker | ₹0.4L -₹22.2L per annum |
| 10 | Realtor | ₹0.2L – ₹7.2L Per annum |
(Source: ambitionBox.com, PayScale.com)
Wrapping Up
A person’s hiring can always vary in pay and position depending on various influential aspects. However, what should matter the most along with a good remuneration is how much experience they can retain at a company and what culture and attributes they can additionally pick up on while doing their tenure.
Every firm has its own norms and that can affect the pay scales as well. Different companies have different job positions with different pay scales and that’s totally normal.
The best path for an individual would be to choose a company that satisfies their basic needs and then some but also lets them gain a lot of knowledgeable experience too. Along the way, one can always sway to another path with higher pay and a ripened experience but the focus should always be on the learning.
When it comes to compensation and benefits expectations, the different generations of the workforce — Baby Boomers, Gen X, Millennials, and Gen Z — all have their own preferences when it comes to their pay packages, aligning with their needs and perspectives. Companies understand these perspectives well and accordingly have moulded their policies and strategies to match the industry.
FAQs (Frequently Asked Questions)
The salary of an individual depends on the job role and type of industry.
It is typically used to imply that a certain product, service, or action meets the standards set by the applicable industry.
The average salary for Freshers is ₹4,40,000 per year in the India.
