Bangalore remains at the forefront of India's job market, boasting a 9.3% increase in job opportunities and salary growth compared to last year, as reported by TeamLease Services in its Jobs and Salaries Primer Report for FY 23-24. This report highlights the city’s position as a top employment destination, largely fueled by its vibrant tech sector.

The rising demand for skilled professionals reinforces Bangalore's status as a key player in the competitive job landscape.

The report analysed unified salaries across temporary and permanent hiring markets and found that Chennai and Delhi also witnessed significant salary growth of 7.5% and 7.3%, respectively. Mumbai and Ahmedabad reported steady increases, reinforcing their importance as key employment centres.

In terms of industries, Retail emerged as the top performer with an 8.4% salary growth, followed by Consumer Durables and BFSI. Logistics, FMCG, Healthcare & Pharma, and Construction & Real Estate showed more moderate increments.

The report also highlighted specific job roles with consistent salary growth over the past five years, such as Trainee Associate and Pilot Officer in FMCG, and HR Executives and Sales Managers in BFSI.

Commenting on the report, Kartik Narayan, CEO of Staffing at TeamLease, said, "The report showcases a positive trajectory in India's job market, with significant salary growth across cities and industries." He added that the narrowing salary gap between permanent and temporary roles indicates a focus on talent equity and long-term retention.