India hasn't changed much: Artificial intelligence is not the hottest job of 2018
Someone might think his father was
right after all when it came to choice of career if one looks at this year's
Randstad Insights Salary Trends Report.
Even when there is a growing noise about emerging technologies such as artificial intelligence, automation, machine learning and blockchain, it is the good-old profession of medicine that can get you the highest salary.
Specialist doctors get the highest salaries, according to the report. They top the chart with an average annual CTC (cost to company) at Rs 18.4 lakh, followed by solution architects at a CTC of Rs 15.1 lakh, product engineering specialists at Rs 14.8 lakh and blockchain technology experts at a CTC of Rs 14.6 lakhs, according to the report by Randstad, one of the country’s leading HR service providers.
Even when there is a growing noise about emerging technologies such as artificial intelligence, automation, machine learning and blockchain, it is the good-old profession of medicine that can get you the highest salary.
Specialist doctors get the highest salaries, according to the report. They top the chart with an average annual CTC (cost to company) at Rs 18.4 lakh, followed by solution architects at a CTC of Rs 15.1 lakh, product engineering specialists at Rs 14.8 lakh and blockchain technology experts at a CTC of Rs 14.6 lakhs, according to the report by Randstad, one of the country’s leading HR service providers.
While blockchain specialists rank
fourth, artificial Intelligence/machine learning specialists rank sixth in the
list of highest-paid professionals. It may either mean these professions will
still take time to command top salaries or these new-age professions are hyped
up more than they matter on the ground.
Bangalore and Pune rule when it comes to cities that pay employees the most at all levels, according to the report.
Bangalore and Pune rule when it comes to cities that pay employees the most at all levels, according to the report.
The IT capital of India continues to
lead the pack as the highest paying city in the country, with an average annual
CTC for talent across all levels and functions standing at Rs 10.8 lakhs.
Bangalore topped the list in the 2017 salary trends report as well. Pune stands
second at Rs 10.3 lakh, followed by NCR and Mumbai with an average annual CTC
of Rs 9.9 lakh and Rs 9.2 lakh respectively. Chennai (Rs 8 lakh), Hyderabad (Rs
7.9 lakh) and Kolkata (Rs 7.2 lakh) are the other three names in the list of
Indian cities paying the highest average salaries for professionals.
Professionals from the pharma and healthcare industry are paid the highest in
India with an average annual CTC of Rs 9.6 lakh across all levels and
functions, says the report. An increase in demand for specialist doctors and
professionals with R&D skills was the primary reason for the industry
topping the charts this year, it says.
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