New Delhi :  Kelly Services, India’s leading staffing firm released its annual Indian Salary Guide 2013-14, a valuable guide from Kelly Services toward workforce solution.  It gives a detailed summary of the jobs/skills in demand in India along with the right salary benchmarking in each sector.

2013 in India has shown more green shoots than 2012 from a hiring perspective. From a macro point of view, the economic data forecast is not very encouraging. At 4.5-5% growth the GDP data points a bleak picture.

Mr. Kamal Karanth, MD, Kelly Services India said, “All progressive corporates need to remain competitive in terms of their salary positioning as it is a key component of Employee Value Proposition. At one level you have to address critical roles which are emerging due to business situations and at another level you need to retain your top talent. Both need to be addressed partly by addressing compensation needs of role and talent”.

The situation across industries:

IT sectors sees a single digit salary hike for most levels except for some hot and emerging technology areas like mobile & big data mid- senior level professionals. Engineering professionals on the other hand  will witness a 15-20% hike in compensation irrespective of the Macro Economy Situations-skills typically on the go would be Construction Managers, MEP, HVAC, Formworks, Civil& Structural Professionals, QS& QA.

With advent of Retail FDI norms changing Procurement & Demand/Supply planners in the consumer/ retail sector will see salary increase in the range of 15% plus and when poached by competition at about 25% or so as there is limited talent for new retail companies in this space.

He further adds, “With the economic downturn, many sectors have taken a heavy hit which has resulted in single digit hike for many employees. Despite the slump, IT, Engineering, Pharma and healthcare have witnessed double digit salary hike in critical skills.

Other key findings of the Survey include:

Banking & Finance: The most sought after roles are sales/relationship managers. These front line roles continue to be in demand as Banks continue to invest in new sales in a tight market

Engineering: Process Technology Licensing Professionals can annually see their salaries going up by 15% plus

Information Technology: Brands & EVPs mare making the differentiators than any salary being the sole criterion, SAP professionals and above  have seen a lift in salaries to about 12% plus

ITES: Quantitative qualitative Analytics are both in demand; the salary levels have changed by about 15% at the base level from last year and may change another 15% next year

Pharma/ Life sciences and Healthcare: Regulatory affairs, Clinical research associates, Plant R & D , Sales Reps will continuously be in demand and will fetch minimum 15% plus salary increase this year like last year.