India's burgeoning economy offers skilled, career-minded individuals a multitude of high-paying job opportunities. Compensation varies by region, industry and the job-seeker's experience. Those with abilities in management, information technologies, offshore drilling, accounting, and the medical and airline trades are in particular demand. Entry-level candidates should not only take salary into consideration, but also perks and benefits.
Careers in management stretch across nearly all industries and professions. Managers set objectives, make operational plans, decide how to allocate personnel and resources, and determine and analyze results. They provide the impetus that moves India's economy, and the direction and leadership to keep it on a profitable and productive path. Job hunters with advanced and specialized education, especially Masters of Business Administration (MBAs), are in high demand. A highly-qualified employee in a growth industry such as health care, construction or manufacturing may expect a salary of Rs 5,500,000 to 8,500,000.
The Airline Industry
India's airlines are experiencing explosive growth. They expect to hire 4,000 new pilots and tens of thousands of support personnel in the near future. Salaries for experienced pilots of jumbo and super-jumbo jets---both passenger and cargo---range from Rs 7,000,000 to 9,500,000, with international certified captains at the top of the scale. Entry-level pilots and flight engineers typically earn Rs 4,000,000 to 5,000,000. Stewardesses and stewards are also in demand, with annual salaries of Rs 400,000 to 600,000. On the ground, experienced air traffic controllers can gross Rs 500,000 to 600,000.
The salary for a medical doctor in general practice begins at about Rs 200,000. After gaining experience, a general practitioner can expect wages of Rs 350,000 to 500,000. General surgeons gross Rs 450,000 to 600,000 and a cardiac surgeon as much as twice that.
India's information technology fields have seen strong growth over the last decade. Experienced top tier software development managers, essentially the CEO of a software project, earn salaries of Rs 1,200,000 to 2,000,000 per year. Salaries for project managers and leaders, responsible for hands-on work and supervision in software production, are in the Rs 900,000 to Rs 1,300,000 range. Software engineering and programming careers pay Rs 840,000 to 1,100,000.
India's public sector Oil and Natural Gas Corporation is the country's highest profit maker. Pay scales in the industry follow suit, with offshore oil drilling careers being the highest earners. Entry-level workers can expect salaries in the Rs 350,000 to 400,000 range, with benefits packages and perks adding Rs 120,000 to those numbers. Perks provided by the company include car purchase advances, home furnishings, lifetime health care and retirement stipends.
A chartered accountant beginning a career with an established firm can expect a salary in the range of Rs 200,000 to 250,000. Jobs at banks may pay as much as Rs 400,000, and consultancy consulting firms as much as Rs 500,000. Accountant apprentices earn roughly half the salary. After working in the field for 3 1/2 years, apprentices must pass examinations before progressing up the ladder to chartered accountant designation.