Source | ET Bureau | http://economictimes.indiatimes.com/
The Monster Salary Index Report looks at average wages in eight major sectors and the factors that impact salaries in India. Here are excerpts from the report released last month.
Educational qualification is a major factor influencing wages in India.
Secondary education (plus two etc.) – Rs 86.6
Three years degree (B.Com, BBA, B.Sc, B.A. etc.) – Rs 169.4
Four/five years degree (B.E., MBBS,B.Arch, B.Pharm, LLB, etc.) – Rs 274.6
Masters (Arts, Science, Engineering, Commerce, MBA/ Equivalent) – Rs 288.7
(All salary figures are median wages per hour. The sample used for the analysis consists of 35,929 respondents, approximately 85.7% of which are men and 14.3% women)
The gender wage gap widens with tenure