2008 09 Salary Report

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Salary report batchwise and functionwise for a select group …

Salary report batchwise and functionwise for a select group
thanks http://www.workosaur.com

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  • 1. Workosaur Salary Survey Report 2008-09 Where do you stand? Findings of a first-of-its-kind salary survey of senior professionals working in India across different functional areas.
  • 2. Workosaur Salary Survey Report 2008-09 TABLE OF CONTENTS OBJECTIVE OF THE SURVEY..................... 3 The Workosaur Salary Survey Report 2008-09 METHODOLOGY...................................... 3 can also be seen online at the following URL: FINDINGS ................................................ 3 http://www.workosaur.com/salary/ USING THIS REPORT ............................... 3 ABOUT WORKOSAUR ............................. 3 SALARIES IN CONSULTING, STRATEGY & PLANNING .............................................. 4 BATCH OF 2007 AND 2008 ................................... 4 BATCH OF 2006 .................................................. 5 BATCH OF 2005 .................................................. 6 BATCH OF 2004 .................................................. 7 BATCH OF 2003 .................................................. 8 BATCH OF 2001 & 2002 ...................................... 9 BATCH OF 1998, 1999 & 2000 ............................10 BATCH OF 1988 TO 1997 ....................................11 SALARIES IN FINANCE & ACCOUNTING . 12 BATCH OF 2007 AND 2008 ..................................12 BATCH OF 2006 .................................................13 BATCH OF 2005 .................................................14 BATCH OF 2004 .................................................15 BATCH OF 2003 .................................................16 BATCH OF 2001 & 2002 .....................................17 BATCH OF 1998, 1999 & 2000 ............................18 BATCH OF 1988 TO 1997 ....................................19 SALARIES IN SALES, BUSINESS DEVELOPMENT & MARKETING ............. 20 BATCH OF 2007 AND 2008 ..................................20 BATCH OF 2006 .................................................21 BATCH OF 2005 .................................................22 BATCH OF 2004 .................................................23 BATCH OF 2003 .................................................24 BATCH OF 2001 & 2002 .....................................25 BATCH OF 1998, 1999 & 2000 ............................26 BATCH OF 1988 TO 1997 ....................................27 Page 2 of 28
  • 3. Workosaur Salary Survey Report 2008-09 Objective of the Survey Average Salary is the mean annual salary The Workosaur Salary Survey is an Annual within a cluster. Survey which is conducted with the objective of providing senior professionals The Designation Cloud is a weighted list of with data to benchmark their salary the designations that are common to a against prevailing industry standards particular cluster with the font-size of a within their functional area. particular designation corresponding to its relative prevalence in that cluster. The functional areas being covered under this survey are: Using this Report 1. Consulting, Strategy & Planning 2. Finance & Accounts • Narrow down to your functional area. 3. Sales, Business Development & • Narrow down to your b-school/post- Marketing graduation batch. (If you have not completed your post-graduation, then select a batch four years from the Methodology completion of your under-graduation.) The Workosaur Salary Survey Report is • Check where you stand when based on salary (including variable compared with the best talent in the component) data made available by 3200 industry. top professionals in India. We restricted • If you are unhappy with your standing, the audience to alumni of the top 10 then head to www.workosaur.com business schools in India. This restriction and apply for a higher-paying job. has been imposed so that the readers of • Next, send this report to as many of this survey can benchmark themselves your friends as possible. against the best in the industry. Within a particular function, we have then About Workosaur analyzed data in clusters – each cluster Workosaur.com is a free job board for consisting of those from a particular b- senior positions i.e. jobs that pay more school batch. The batch was chosen as the than Rs. 10+ lakh per annum. basis of analysis because of the specific tendency exhibited by professionals to Unlike the other job sites, Workosaur truly know where they stand amongst their focuses on aggregating the most lucrative school batch. jobs in India and overseas - C-level, vice president, director and manager positions. We explicitly ask employers to use our job Findings board only for positions for which they For each cluster of data, we have then can afford to pay more than Rs. 10 lakh. presented a Salary Distribution Chart, Average Annual Salary and a Designation This also means that the site serves only Cloud. the most qualified job-seekers - those currently earning Rs. 7.5+ lakh per annum. The Salary Distribution Chart is a pie chart Those earning less would be wasting their depicting the distribution, within a cluster, time applying to the jobs on Workosaur. in different annual salary ranges. The Page 3 of 28
  • 4. Workosaur Salary Survey Report 2008-09 Salaries in Consulting, Strategy & Planning Batch of 2007 and 2008 Average Qualification: MBA/PGDM + 3.5 years of work experience Salary Distribution Chart Average Annual Salary Designation Cloud assistant-consultant assistant-manager assistant-manager-strategy assistant-project- manager associate associate-consultant associate-general-manager-strategic- planning business-analyst consultant consultant-strategy corporate-manager deputy- general-manager deputy-manager economist executive-assistant-to- md manager manager-business-development manager-business-development-strategic- planning manager-corporate-strategy-business-development manager-planning manager-special- projects manager-strategic-initiatives manager-strategic-planning ratings-analyst senior- consultant senior-manager senior-manager-alliances senior-manager- strategy senior-officer six-sigma-black-belt vice-president Page 4 of 28
  • 5. Workosaur Salary Survey Report 2008-09 Batch of 2006 Average Qualification: MBA/PGDM + 5 years of work experience Salary Distribution Chart Average Annual Salary Designation Cloud analyst assistant-manager assistant-manager-business- development associate-consultant associate- manager consultant consultant-strategy implementation- consultant key-account-manager lead-consultant manager manager-business- development manager-new-ventures principal-consultant principal-counsellor project-development-manager senior-analyst senior-business-analyst senior-consultant senior-domain-consultant senior- manager senior-manager-corporate-strategy strategic-account-manager Page 5 of 28
  • 6. Workosaur Salary Survey Report 2008-09 Batch of 2005 Average Qualification: MBA/PGDM + 6 years of work experience Salary Distribution Chart Average Annual Salary Designation Cloud assistant-manager assistant-manager-consulting assistant-project-manager associate-consultant associate- manager business-analyst client-manager consultant consultant- strategy director executive-officer-to-md management-consultant manager manager-business- development project-lead senior- consultant senior-manager senior-manager-business-development staff- officer-to-director Page 6 of 28
  • 7. Workosaur Salary Survey Report 2008-09 Batch of 2004 Average Qualification: MBA/PGDM + 7 years of work experience Salary Distribution Chart Average Annual Salary Designation Cloud advisor analyst assistant-general-manager associate- manager consultant deputy-general-manager-business- development executive-assistant-to-business-director manager manager-business- development manager-business-planning manager-business-planning-strategy project- leader project-manager senior-analyst-strategy-development senior- consultant senior-consultant-strategy senior-manager-business-planning Page 7 of 28
  • 8. Workosaur Salary Survey Report 2008-09 Batch of 2003 Average Qualification: MBA/PGDM + 8 years of work experience Salary Distribution Chart Average Annual Salary Designation Cloud advisor associate-director business- consultant head consultant-strategy deputy-general-manager divisional- head engagement-manager executive-assistant management- consultant manager manager-business-analytics manager-business- development manager-business-planning manager-corporate-strategy senior-client-manager senior-consultant senior- manager vice-president-corporate-planning Page 8 of 28
  • 9. Workosaur Salary Survey Report 2008-09 Batch of 2001 & 2002 Average Qualification: MBA/PGDM + 9.5 years of work experience Salary Distribution Chart Average Annual Salary Designation Cloud assistant-consultant assistant-vice-president business-consultant chief-manager consultant consultant- strategy deputy-general-manager director executive-assistant-to-chairman executive-assistant-to- country head head-strategic-initiatives lead-consultant manager manager-business- advisory-services manager-planning principal-consultant product-program-manager resource-development- manager senior-consultant senior- manager senior-manager-business-development senior-managing-consultant vice-president Page 9 of 28
  • 10. Workosaur Salary Survey Report 2008-09 Batch of 1998, 1999 & 2000 Average Qualification: MBA/PGDM + 12 years of work experience Salary Distribution Chart Average Annual Salary Designation Cloud account-manager assistant-general-manager-corporate assistant-vice-president associate associate-director chief-financial-officer chief-manager consultant director management- manager consultant manager-consulting principal-consultant program-manager regional-head senior-consultant senior-manager strategy vice-president Page 10 of 28
  • 11. Workosaur Salary Survey Report 2008-09 Batch of 1988 to 1997 Average Qualification: MBA/PGDM + 18.5 years of work experience Salary Distribution Chart Average Annual Salary Designation Cloud associate-vice-president business-head consultant deputy-general- manager engagement-manager general- manager general-manager-strategy joint-director management-advisor management- consultant managing-director partner practice-lead president-business-development senior- executive-assistant-to-director senior-strategy-manager strategic-planner vertical-head vice-president Page 11 of 28
  • 12. Workosaur Salary Survey Report 2008-09 Salaries in Finance & Accounting Batch of 2007 and 2008 Average Qualification: MBA/PGDM + 3 years of work experience Salary Distribution Chart Average Annual Salary Designation Cloud agency-manager analyst area-collections-manager area -manager area-sales- manager assistant-general-manager assistant-manager assistant-manager-project- finance assistant-manager-treasury assistant-vice-president associate associate-relationship- manager audit-executive avp-custody-and-clearing avp-marketing branch-head branch-manager business- analyst cluster-manager-sales-and-branch corporate-credit-analyst corporate-debt-products-analyst credit- analyst dealer deputy-manager deputy-manager-capital-markets equity-research-analyst equity- specialist forex-dealer head management-associate manager manager-business- excellence manager-corporate-planning manager-credit manager-sme-private-equity market-risk- manager officer operations-manager practice-manager-asset-management-and-treasury product-manager-mutual-funds product- regional-credit- manager-retail-banking project-finance-manager project-manager-equity-and-commodity manager regional-head-corporate-banking regional-manager relationship-manager sales- manager sales-officer senior-analyst senior-business-analyst senior-manager senior-manager- corporate-banking territory-collection-manager territory-manager Page 12 of 28
  • 13. Workosaur Salary Survey Report 2008-09 Batch of 2006 Average Qualification: MBA/PGDM + 4.5 years of work experience Salary Distribution Chart Average Annual Salary Designation Cloud analyst area-manager assistant-manager assistant- vice-president assistant-vice-president-credit-and- risk associate associate-institutional-equities branch- manager business-analyst credit-analyst chief-manager equity-analyst equity-research-analyst head-banking-and-treasury- manager operations portfolio-manager practice-manager-asset-management- and-treasury product-manager relationship-manager relationship-manager-corporate- banking sales-manager senior-associate senior-business-consultant senior- manager senior-manager-project-finance senior-research-associate territory-debt- manager vice-president vice-president-investment-banking Page 13 of 28
  • 14. Workosaur Salary Survey Report 2008-09 Batch of 2005 Average Qualification: MBA/PGDM + 5.5 years of work experience Salary Distribution Chart Average Annual Salary Designation Cloud acquisitions-head analyst analyst-retail-banking area-sales-manager assistant-manager associate associate- manager avp branch-manager business-analyst credit-analyst deputy-manager-advances equity- analyst forex-dealer lead-consultant manager manager-customer-support- delivery manager-market-risk manager-mergers-and-acquisitions manager-products manager-wealth- product- management partner-strategic-initiatives plant-finance-manager portfolio-manager manager project-manager relationship-manager sales- manager senior-analyst senior-area-sales-manager senior-manager- financial-markets state-head Page 14 of 28
  • 15. Workosaur Salary Survey Report 2008-09 Batch of 2004 Average Qualification: MBA/PGDM + 6.5 years of work experience Salary Distribution Chart Average Annual Salary Designation Cloud associate-manager avp-credit dealer equity-analyst global-project-associate investment-advisor manager manager-new-products-and-services manager-operations portfolio- manager principal-consultant-strategy-and-transformation product- manager product-manager-alternative-investments regional- head regional-manager senior-analyst senior-associate senior- consultant senior-manager vice-president Page 15 of 28
  • 16. Workosaur Salary Survey Report 2008-09 Batch of 2003 Average Qualification: MBA/PGDM + 7.5 years of work experience Salary Distribution Chart Average Annual Salary Designation Cloud analyst area-manager assistant-vice-president assistant-vice-president- risk assistant-vice-president-treasury associate business-analyst business-development-manager city- sales-head-retail-banking cluster-sales-head debt-manager divisional-head equity-research-associate head- banking investment-manager manager manager-advances manager-corporate- and-investment-banking manager-international-private-banking manager-unsecured-assets portfolio- product-manager product-manager- manager mortgages regional-credit-manager regional-director regional-head regional-sales- manager relationship-manager sales-assurance-manager sales-product- manager senior-manager senior-manager-business-development senior-relationship-manager territory-manager Page 16 of 28
  • 17. Workosaur Salary Survey Report 2008-09 Batch of 2001 & 2002 Average Qualification: MBA/PGDM + 9.0 years of work experience Salary Distribution Chart Average Annual Salary Designation Cloud area-credit-manager assistant-fund-manager assistant-vice- president branch- associate associate-manager associate-vice-president manager chief-manager consultant corporate-investment-manager customer-service-manager district- manager financial-advisor head-debt-and-structured-products manager manager-transaction-banking master-six- sigma-black-belt national-manager product-manager regional- manager regional-sales-manager relationship-manager senior-analyst senior-business- analyst senior-consultant senior-manager senior-manager-products-and- processes senior-vice-president state-head state-manager territory-manager vice-president vice-president-risk zonal-head Page 17 of 28
  • 18. Workosaur Salary Survey Report 2008-09 Batch of 1998, 1999 & 2000 Average Qualification: MBA/PGDM + 11.5 years of work experience Salary Distribution Chart Average Annual Salary Designation Cloud assistant-vice- area-manager area-sales-manager president branch-head chief- associate-vice-president manager deputy-general-manager deputy-manager director economist head-research-investment- management head-transaction-banking india-implementation-head investment-officer manager national- sales-head product-head product-manager-liabilities quantitative-economist regional- head regional-manager-operations senior-business-manager senior- manager senior-manager-stock-broking vice- president vice-president-business-development zonal-head zonal-head-sme-banking Page 18 of 28
  • 19. Workosaur Salary Survey Report 2008-09 Batch of 1988 to 1997 Average Qualification: MBA/PGDM + 18 years of work experience Salary Distribution Chart Average Annual Salary Designation Cloud advisor advisor-to-chairman assistant-general-manager chief-financial-officer country-head deputy-general- manager general-manager general-manager- finance manager managing-director regional-head senior- manager senior-vice- president vice-president vice-president-finance Page 19 of 28
  • 20. Workosaur Salary Survey Report 2008-09 Salaries in Sales, Business Development & Marketing Batch of 2007 and 2008 Average Qualification: MBA/PGDM + 1.5 years of work experience Salary Distribution Chart Average Annual Salary Designation Cloud account-manager agency-manager area-development-coordinator area-manager area-sales- managerassistant-brand-manager assistant-business-development- assistant-manager executive assistant-manager-business-development brand- manager business-development-executive business-development- lead business-development-manager chief-manager deputy-manager- branding deputy-manager-marketing-and-strategy general-manager key-accounts-manager manager manager-business- development manager-client-relations-and-branch-operations manager-marketing-projects marketing- manager national-category-manager product-analyst product-development-manager product-marketing-specialist relationship-manager sales-executive sales-manager senior-manager senior-manager- brand senior-manager-institutional-sales senior-manager-product-marketing senior-marketing-officer showroom-manager territory- development-manager territory-manager territory-manager-sales-and-marketing Page 20 of 28
  • 21. Workosaur Salary Survey Report 2008-09 Batch of 2006 Average Qualification: MBA/PGDM + 3 years of work experience Salary Distribution Chart Average Annual Salary Designation Cloud area-manager assistant-branch- assistant-brand-manager manager assistant- assistant- general-manager assistant-general-manager-marketing manager assistant-manager-sales assistant-marketing-manager branch-head business- analyst business-development-manager category-manager corporate-brand-manager customer-marketing- manager general-manager-business-development general-manager-new-products key-account- manager manager key-accounts-manager manager-revenue- enhancement marketing-manager marketing-services- executive product-manager regional-manager regional-sales-executive sales-operations-executive sales- operations-manager senior-manager senior-manager-merchandising senior-manager-sales senior-sales- officer senior-territory-manager territory-development-manager unit-sales-manager Page 21 of 28
  • 22. Workosaur Salary Survey Report 2008-09 Batch of 2005 Average Qualification: MBA/PGDM + 4 years of work experience Salary Distribution Chart Average Annual Salary Designation Cloud account-manager area-sales-manager assistant- brand- manager assistant-manager-category-development assistant-manager-exports branch-manager manager business-development-manager category-manager business-manager divisional-head-marketing general-manager manager manager-corporate-sales manager-marketing-communication manager-merchandising-and-sales market-research-analyst marketing-manager national- head-operations national-key-accounts-manager product-manager product-marketing- manager regional-head-operations regional-manager regional-sales-manager relationship-manager sales-manager senior- brand-manager senior-business-analyst senior-business-development-manager senior-manager senior-manager-operations Page 22 of 28
  • 23. Workosaur Salary Survey Report 2008-09 Batch of 2004 Average Qualification: MBA/PGDM + 5 years of work experience Salary Distribution Chart Average Annual Salary Designation Cloud area-sales-manager assistant-brand-manager assistant- general-manager brand-manager business- development-manager business-head business-unit-head chief-manager deputy-general-manager deputy-manager deputy- manager-sales-and-marketing director-business-development head-marketing manager manager-management-services market- unit-head marketing-manager metro-manager national-key-accounts-manager product-line- manager product-marketing-manager regional-brand-manager regional-manager regional- sales-manager relationship-manager sbu-head senior-brand-manager senior- executive senior-marketing-consultant territory-development-manager zonal-manager Page 23 of 28
  • 24. Workosaur Salary Survey Report 2008-09 Batch of 2003 Average Qualification: MBA/PGDM + 6 years of work experience Salary Distribution Chart Average Annual Salary Designation Cloud account-manager area-sales-manager assistant-manager brand-manager business- development-manager business-head category-manager category-trade-marketing-manager deputy-general-manager- marketing emerging-markets-specialist general-manager manager-marketing-and-strategy marketing-head practice- manager product-manager regional-brand- regional- manager regional-distribution-manager manager regional-sales-manager sales- manager senior-manager vice-president Page 24 of 28
  • 25. Workosaur Salary Survey Report 2008-09 Batch of 2001 & 2002 Average Qualification: MBA/PGDM + 7.5 years of work experience Salary Distribution Chart Average Annual Salary Designation Cloud account-manager area-sales-manager assistant-manager assistant-vice- president business- associate-general-manager associate-vice-president manager category-product-manager cluster-manager deputy-general-manager-marketing deputy- director manager-marketing general-manager-channel-development head-retail-sales independent- management-consultant key-account-director manager manager-product-marketing national-head national-sales- manager project-lead regional-business-manager regional-manager regional- sales-manager sales-manager senior-manager-marketing vice- president vice-president-business-development zonal-business-head Page 25 of 28
  • 26. Workosaur Salary Survey Report 2008-09 Batch of 1998, 1999 & 2000 Average Qualification: MBA/PGDM + 10 years of work experience Salary Distribution Chart Average Annual Salary Designation Cloud account-director alliances-analyst-relations area-manager assistant-manager-sales assistant-vice-president assistant-vice- president-retail-sales associate-regional-manager branch-manager brand-manager branded- retail-channel-manager business-head-retail business-leader business-manager category- deputy-general-manager-sales-and- manager cluster-manager marketing director- deputy-general-manager-new-product-development deputy-manager-sales director general-manager-sales-and- marketing divisional-head marketing general-manager-franchise general-manager-new-product-development group-product- head-marketing manager manager head-multi-brand-retail-programs manager-key- accounts manager-marketing manager-marketing-communications manager-sales-training-and-projects marketing- and-network-planning-manager national-manager-sales product-manager regional-business-development-manager regional-head regional-manager regional-marketing-manager regional-operator-accounts-manager senior-brand- manager senior-business-development-manager senior-manager senior-manager-business-development senior-manager- consulting-sales senior-manager-marketing senior-vice-president-sales-and-marketing vice-president zone-sales-manager Page 26 of 28
  • 27. Workosaur Salary Survey Report 2008-09 Batch of 1988 to 1997 Average Qualification: MBA/PGDM + 16.5 years of work experience Salary Distribution Chart Average Annual Salary Designation Cloud account-director account-manager area-manager assistant-vice-president assistant-vice-president- marketing business-development-manager chief-manager-business-operations chief-marketing-sales circle- head commercial-manager consultant consultant-business-development country-manager country-sales- manager deputy-general-manager deputy-general- manager-marketing direct-marketing-executive director-marketing director-marketing-and-business- general-manager-sales- development director-sales and-marketing head - general-manager-public-affairs general-manager-retail business head-business-development head-marketing-communications head- marketing-international-operations head-of-marketing-services head-projects-marketing joint- manager manager-international-sales marketing-director marketing-head director marketing-manager national-operations-head-commercial-channels national-sales-manager product- group-head product-manager regional-business-manager regional-channel-manager regional-manager regional- sales-manager sbu-manager senior-general-manager-sales senior- manager senior-vice-president-and-head-marketing-and-communication senior-vice-president-sales-and- marketing solutions-design-head vice-president vice-president-sales zonal-sales-manager Page 27 of 28
  • 28. Workosaur Salary Survey Report 2008-09 Thank You! For any queries about The Workosaur Salary Survey Report 2008-09, contact Nimish Adani / +91.9769290870 / nimish@workosaur.com. Page 28 of 28