Financial Daily from THE HINDU group of publications
Friday, Feb 18, 2005

Port Info

Group Sites

Industry & Economy - Human Resources
Info-Tech - Trends

Bangalore tops in temp salaries

Our Bureau

Bangalore , Feb. 17

THERE'S no doubt Bangalore is the place to head for if you are in the job market. A Nasscom-Hewitt report released on Tuesday says IT pros in the city command eight per cent higher compensation than their counterparts in other parts of the country.

In temp salaries too, the city has beaten all other cities. For instance, HR executives who come armed with PG degrees and with 3-5 years experience behind them earn a cool Rs 20,000 per month in Bangalore. Pune would be their next best option where they could take home about Rs 18,000 per month. In Chennai and Kolkata, their pockets would be much lighter: about Rs 9,000, in Delhi slightly better: Rs 12,000, in Hyderabad and Mumbai about Rs 15,000.

According to the Temp Salary Primer 2004 compiled by TeamLease Services (P) Ltd, a Bangalore-based temporary staffing company, there is not much difference between salary levels of temporary and permanent jobs in India. "In fact, there is a small premium in temporary jobs over permanent jobs at the shorter end (up to five months)," said Mr Ashok Reddy, Managing Director, TeamLease Services.

Temp jobs in sales functions fetches a post-graduate about Rs 15,000 per month in Bangalore, while in other cities it ranges between Rs 9,000 and Rs 12,000. Though there are more temp openings in Mumbai and Delhi, when it comes to compensation, it's still Bangalore that comes on top, according to Mr Reddy. The country's temp openings' figure currently stands at 55,000 jobs.

The survey covered about 17,000 temp employees across seven cities and 200 sectors in the country. It considered four key functional areas: sales, HR, administration and finance, primarily because these areas have explored the temping opportunity more than any other in the country. Industries covered were IT, ITeS, manufacturing, BFSI, FMCG and consumer durables.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Foundation stone laid for Rs 17-cr bio-diesel plant at Nalgonda

Assam annual Plan at Rs 3,000 cr
Prithvi 2005 to begin in Thiruvananthapuram
Poland lures Indian industry with sops
Dikshit proposes Asian metro cities network for urban renewal
Italian team seeks tie-ups with Kerala entrepreneurs
Austria for greater trade ties
Input-output norms for 27 items notified
Nabard aid for health projects in Kerala
Award for Kinfra chief
NIGEC, GAIL agree on gas delivery point
Retail outlet of IOC at Sirsi
Ministry to relax rules for movement of psychotropic drugs
`Exciting times ahead for Indian pharma industry' — New Patents Act may bring in $10-b business
Part-day peaking charges for power transmission on cards
Maharashtra Govt to buy entire DPC output at Rs 2.30/unit
`Govt willing to ease burden of EC Act on spinners'
Ad valorem drawback rate for textile exporters mooted
Govt aid to set up entrepreneur development institute for SSIs
Water levels dip in Kerala reservoirs
Prasar Bharati plans to seek funding from World Bank
Australian envoy calls for better ties in education sector
Company Secys exam results on February 25
`Auto component industry to see 5-fold growth in 10 years'
Rahejas take up expansion of IT Park with Maximus
Paper mills plan price hike
`Banks may tap FDI for Basel II needs'
Cabinet defers decision on FDI in real estate
Bangalore tops in temp salaries
Mirasoft launches job search course in Kerala
Govt urged to encourage import of raw sugar
`Availability of raw material can boost export of spices oils'
`Tsunami destroyed 70% of Nicobar's infrastructure' — Mr Mohamed H. Jadwet, President, Andamans Chamber of Commerce and Industry
Overseas buyer in talks for tsunami-hit Hyundai cars
Cabinet clears Andaman & Nicobar relief package
ICSI contribution
Contributions to The Hindu Relief Fund
Taj resort in Maldives offers new package
Swiss tour packages becoming cheaper

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line