A report from HR World has come out. It has been said that most of the people in India are not happy with their current salary.

What do youth in India want from companies?

How much do you earn, are you happy with it? Answering this question, 27-year-old PriyaKumari, living in MayurVihar, Delhi, told ABP Live that she does not get paid as much as the amount of work her company gets done.

35-year-old Vijay Jha also believes the same. Vijay says that he has been working in a company for the last 4 years. There they are given an increment of 5 to 6 percent every year. This increment is so low that in the last 4 years, his salary has increased by only Rs 12 thousand.

Like Priya and Vijay, there are lakhs of youth in the country who are not happy with their current salary. Recently a report by HR World has come out. It has been said that 7 out of every 10 people in India are not happy with their current salary. At the same time, five out of 10 employees believe that salary is an important part of them.

Not only this, another report by staffing firm Adecco has come this year, according to which 21 percent of employees in India and 9 percent in Malaysia want a 20% increase in their salary.

According to a report of 'Adecco India Salary Guide 2024', 91 percent of employees in India and 72 percent of employees in Malaysia expect to increase their salary by at least 20% while changing jobs.

So will Indian companies improve their pay scales?

The Future of Pay in India 2022 released a survey in which many companies were asked whether they were thinking of improving the pay scale of their employees.

90 percent of the companies surveyed said that they are thinking of improving their pay scale in the coming 12 months. Whereas 88% of the companies say that they will work on paying salaries to their employees on time.

Salary increase in India is highest in Asia

You will be surprised to know that the salary increase in India is the highest compared to other countries in Asia Pacific. It is estimated that this year 024 employees working in Vietnam may get a hike of 8%. It is expected that there will be a hike of 6% in China, 5.7% in Philippines and 5% in Thailand.

However, Indian companies can give a hike of more than 10 percent in the performance base appraisal this year. Last year, in 2023, more than 50 percent of the employees in India got a hike of between 5 to 10 percent due to performance base appraisal, while 15 percent of people got a hike of more than 20 percent in salary.

Also, know the average salary of people in rural and urban areas in India.

According to a report by ICICI Securities, the monthly average income of a salaried person working in urban areas of India was Rs 20,030 in the second quarter of FY 2022. Which was increased to Rs 21,647 in the first quarter of FY 2023.

According to a report of the Periodic Labor Force Survey (PLFS), a person working as a daily wage labourer in urban areas of India was given a wage of Rs 385 per day till the second quarter of the financial year 2021. However, their wages were also increased to Rs 464 per day in the first quarter of the financial year 2023.

The average income of salaried employees in rural areas of India stood at Rs 14,700 per month over the 18 months ending in the first quarter of fiscal year 2023.

However, the daily wages of daily wage labourers in rural areas have increased from Rs 302 per day in the second quarter of FY 2021 to Rs 368 per day in the first quarter of FY 2023.

Where do you get the highest salary?

Many people feel that employees working in metros or big cities get higher salaries. But, according to the survey data, in terms of average salary, Solapur in Maharashtra has left behind metropolitan cities like Mumbai, Delhi and Bengaluru.

Solapur has become the city with the highest average annual salary in India. The survey data is based on the data of thousands of people from 138 countries of the world. Talking about India, 11570 employees were included in this survey.

In the same survey it was also revealed that in India, women are paid less than men. According to the salary survey report, the average annual salary in Solapur is more than Rs 28 lakh 10 thousand per year.

The name of Mumbai comes in second place. The annual average salary here is Rs 21.17 lakh. The name of Bengaluru is in third place. The annual average salary here is Rs 21.01 lakh. After this, New Delhi is in fourth place with an annual average salary of Rs 20.43 lakh.

Which sector has the highest salary?

The highest salaries in India are in management and commercial industries. The annual average salary in this sector is more than Rs 29.50 lakh. After this, the law profession is in second place. The average annual salary in this field has been estimated at Rs 27 lakh.

Women get less salary

The salary survey itself has revealed that there is a huge difference in the salaries of men and women in India. Women get less money than men. Men get an average salary of Rs 19,53,055 in India, while the average salary of women is Rs 15,16,296.

More money for experienced workers

Apart from this, the average annual salary of those people who have 20 years or more experience in the job is Rs 38,15,462. Whereas employees with 16 to 20 years of experience get Rs 36 lakh 50 thousand annually.

The average salary of people with doctoral degrees is more than Rs 27 lakh 52 thousand. So the average salary of those employees whose degree is below high school is more than 11 lakh 12 thousand.

Jane Ji, what do youth want from jobs?

According to a report by Quess, India's Gen Z employees are looking for better salaries and social security rather than a permanent job. Out of 4000 people included in the survey, 93% respondents say that if they get a contract job, but there they will get facilities like better salary and health benefits, then they would want to work in that company.

At the same time, 83% of people say that they are looking for a company where their skills can grow by working. That means they get a chance to do something new from time to time. 50% of the youth say that companies should provide such an environment to work that does not affect their personal life. It is very important to have a balance between work life and personal life.