Metro cities like Bangalore, Mumbai, Chennai, Delhi, and Hyderabad are the highest-paying cities in FY2023, attracting large-scale internal immigration.
Bengaluru witnessed an impressive salary growth rate of 7.79% compared to the previous year.
The pay structure gap between permanent and temporary job roles has narrowed, and there is a rise in Sales and IT roles due to organizations' focus on growth and digital transformation.
"Hot jobs" offering higher salaries have emerged, such as the Relationship Manager role in the telecom sector with a 10.19% hike in Bengaluru and the Game Developer role in media and entertainment with a 9.3% rise.