Is My Salary Fair? Seeking Advice on Market CTC for MBA-HR Graduates in India

Hello Seniors, what is the current CTC as per market standards in India for MBA-HR graduates? My experience is 6 months in recruiting. Currently, I am getting 1.05L PA. Is this a good pay? Dear Seniors, kindly guide me on this. Also, share your views on this issue.

Thanks & Regards,
Xela

Hello Seniors,

What is the current CTC as per market standards in India for MBA-HR graduates?

My experience is 6 months in recruiting. I am currently getting 1.05L PA. Is this a good pay? Dear Seniors, kindly guide me on this. Also, share your views on this issue.

Thanks & Regards, Xela

More at https://www.citehr.com/295754-curren...#ixzz15LG3ztsW

Hi Xela,

Saswat is absolutely right. I would like to highlight one more point. Packages also depend on how you represent yourself. An interview is the best opportunity for you to emphasize your importance. Everyone has knowledge, but very few interviewees convince employers that their knowledge is a value addition to an organization. So, prepare yourself for interviews in that way. Once you are successful in this step, employers will be ready to negotiate with you on the package.

Reg: Vrushali

Your current CTC is on the lower side, I opine. It would be better to look for good opportunities. As mentioned above, CTC depends on your ability and the organization.

Regards,
R. Ponraj

Hello Seniors,

Thank you for your valuable feedback. I have another question.

I recently attended another interview, and the HR mentioned that she is going to consider me as a trainee and offered me the same package [1.05L PA]. She also added that I can take some time to think about it and get back to her in 2 days.

Now, what am I supposed to do? Should I begin negotiations or what should I do next?

Please assist me.

Thanks & Regards,

Xela
MBA HR- 2010 Passout

Dear Xela,

I am not an HR, but I would like to offer you some advice: do not quit jobs too frequently solely for the sake of higher salaries; experience and stability are also important. Have you heard about job hoppers? Work with full dedication, contribute to organizational development in coordination with your boss, and be willing to take on any tasks that come your way as valuable experience. Aim to stay in a role for at least a year.

Consider that the current salary being offered by a new employer may overshadow your previous experiences. Therefore, think twice before making a change if there is no significant salary increase. Focus on seeking a more challenging job profile rather than just chasing money. Remember, slow and steady progress will lead you to success.

Best regards, [Your Name]

In the beginning, HR professionals receive this package only. Don't worry; as you are a fresher, this is the place where you start learning. During your MBA, you might not have had such exposure. So, learn as much as you can and be stable for a year. Take this as training. All the best.

Hi,

I would like to know the actual worth of the MBA-HR profile. In the industry standards, the worth is never less than 3.0 Lacs for postgraduate students related to the job profile. However, it is a significant fact that only a few are able to reach that point, while the rest of us remain in a salary range of 1-2.4L. This is because we are in need of a job and have to join unwillingly even at such a low salary.

The salary offered in the market is always based on two scales: demand and supply. When the supply increases, the salary itself decreases. This is why your salary is low.

Once you understand this, you will try to look for better opportunities. Enjoy the process.

Regards,
Ajay Yadav
ajay8587@gmail.com

Hello Xela, I agree with Yaasmin. I suggest taking her advice. And being an HR person yourself, I don't think you need to be reminded that if one makes career decisions based solely on CTCs, that would be the worst career step anyone could take in the long term. I have myself rejected quite a few senior persons just for this reason - if a person can do it to another company, he/she can repeat it here too. Unless the CTC is way off the mark (meaning the employer is taking advantage of the situation of the fresher), it's always advisable to focus on gaining experience for at least 2-3 years for any fresher - not just in HR, but in any field. Whichever field it is, no employer with clear heads will pay less to a worthy professional. So once you gain the experience, the money will follow automatically. Regards, TS

I appreciate the viewpoints of Yasmin. However, kindly consider the following points also:

1. Are you happy and enjoying your job at present?
2. Are you working for a recruitment consulting firm or other companies?
3. You can become an employer later if it is a recruitment firm. But if your goal is different, it doesn't matter.
4. Can the new offer enhance your learning opportunity?
5. Is there a probable growth opportunity? Use your gut feeling. We can't really predict.
6. Salary should not be the prime criterion at any point in our career. Salary should be the byproduct of our contribution (of course, it matters).

Good luck.

Ragesh
9840299592

Cheer up. You should start looking for a job, attend some interviews, and then come to us with the same question. Try to negotiate on the higher side (start from 6 Lacs or so), and you will realize your market value by then.

Thanks,
Vikram
Regards

I completely agree with Ajay5857. Since you are a fresher and currently handling only recruitments, your CTC is low. It will automatically rise once you gain experience and learn new things. Recruitment is not the only part of HR; there is much more to explore. Take initiatives, read books, know more about the industry you work in, read the BONUS/PF/SALARY acts, and practically implement them.

I remember I was underpaid when I completed my MBA 2 years ago, and that was a time of recession. So don't lose hope, work harder, and keep up your spirits.

Good luck,
Shilpi

I completely agree with Ajay5857. Since you are a fresher and currently handling only recruitments, your CTC is low. It will automatically rise once you gain experience and learn new things. Recruitment is not the only part of HR; there is much more to explore. Take initiatives, read books, know more about the industry you work in, read the BONUS/PF/SALARY acts, and practically implement them.

I remember I was underpaid when I completed my MBA 2 years ago, and that was a time of recession. So don't lose hope, work harder, and keep up your spirits.

After you complete 1 year, analyze what you have learned in this industry. It would be of no use if you did not imbibe practical knowledge.

Good luck,
Shilpi

Thank you, Xela. I, too, have 4 months of experience. Now, I have changed my mind. I will not switch from my company even though my salary is less than yours. Ms. Yasmeen and Mr. Saraf's suggestions are simply good.

Dear Xela,

Your package depends on your knowledge and implementation. You have very good knowledge, but you are unable to explain it. What I mean to say is that the employer is interested in results. How qualified you are and how much knowledge you have is what matters. If you have an MBA in HR but are unable to draft a simple letter, it serves no purpose. If you prove yourself better in the organization, I am sure the employer will offer you a very good package.

Sometimes, it also happens that you have the capability and competence to prove yourself, but you are not getting into a good company. However, the time is not far when you will receive a handsome CTC if you are truly capable of bringing results to the organization.

Thank you

As per your update and being an MBA in HR, I would like to suggest that you should look forward to further growth, as well as focus on the salary aspect too. This will not only enhance your future growth but also boost your morale.

Hi Xela,

The CTC is not only based on your graduation and experience. Even undergraduates are getting more than 4 L as CTC per annum, and MBA graduates with 10 years of experience are still getting 1 L CTC per annum. It's about how and what you are giving to the organization and your capacity.

So, as a fresher, don't think about the CTC; learn and apply more in your day-to-day activity. It will automatically increase your CTC.

Thanking you,

With regards,

C. Arumugam

98414-18761

Hi xela,

I don't know what others have to say, but I have also been doing the same work that you are doing for more than 2 years, and it is still 2.2 LPA only. I wouldn't advise anyone to get into any consulting organizations. What you are earning is okay. Nowadays, MBA freshers from many good B-schools are even joining at 7,000 only, and lots are trying their luck in the BPO industry working as a CCE. It's luck, man.

Hi Xela,

I have completed my MBS in HR specialization, but I am currently working in sales and marketing. If I had pursued a career in HR, I might have attained a salary of around 1.2, as you mentioned. However, I entered the field of marketing with a starting package of 3 Lacs. Therefore, it all comes down to the choices you make. As our seniors have pointed out, in any field, the CTC will depend on the candidate's caliber.

Kumar

Hi Xela,

You are just like the millions of us all around in this world who are just part of the MBA herd. Well, what I would suggest to you is that you do not bother too much about the package at the start of your career, mainly because without any experience, no one will offer you a very high salary if they know that you are not worth it. So, as of now, stick to a job and learn whatever you can from it.

Subject: Re: Current CTC in Market

Hi Xela,

You have just entered the HR field, which is vast. My advice is to first acquire knowledge, not just information, in the initial stages of your career. Enrich yourself with experience. You will earn money automatically. In this world, nothing comes free of charge.

Ravi

Hi,

I am an HR professional with 4 years of experience. In your case, i.e., MBA HR, your starting salary also depends on where you are pursuing your MBA. The institute plays a significant role in setting the initial salary.

If you have an MBA from a reputable college, you will have a campus placement, and your CTC will start high. Otherwise, the market trend for freshers is very low.

Harneet

Hi,

The required comments have always been posted to you. I would like to add a few more things. Never get into a job with short-term goals in mind. Always think of the long-term aspect. Look basically at three areas: Company/Organisation Profile, Job Responsibilities, and its relative scope to career development, good package.

Regards,

JCB

Here is the question package, but it also depends on company and management rules. Comparing various salaries everywhere, we have any amendments from the government.

Salary Examples by Industry

- Textiles: Basic salary for an MBA person is 10k
- Manufacturing: Around basic 12k
- Engineering: Basic 13k
- IT: Basic 15k

Please let me know if you need any further information or clarification.

Hi,

Before seeking change in employment, ask yourself:

1) What is my current level of job knowledge?
2) How am I using my knowledge and skills to achieve department-targeted goals?
3) How can I increase my value?
4) Am I satisfying my boss's expectations?
5) Can I take on more responsibilities, and am I capable of performing them?
6) Can I play a value-added role?
7) What is my level of acceptance within the department?
8) Am I capable of performing special tasks when my boss assigns them?
9) Always question what the organization expects from you and whether you are delivering without reminders, as well as what you expect from the organization in terms of position, pay, respect, and recognition.

Don't seek change out of frustration. Think positively, look positively, and then plan for changes in your employment.

SOMAYAJULU V. V. S

Hi Xela,

According to me, you should also focus on:
- The exposure you are getting in the HR field by continuing in the same organization and try to get maximum learning in this period before you switch from the current organization.
- You should also show stability; changing jobs within 6-8 months during the first job won't reflect a good picture.

Regards,
Milin Chauhan
09426370065

All that you expect depends on what the organization expects from your profile! Various factors such as the type of organization, brand of the organization, etc., play a role.

Stability in HR Roles

For HR, a minimum stability of one year is required to pave the way for a smoother transition.

All the very best!!

Regards, Bharath R

Hi all,

I would also like to add one more point regarding salary. Although it's an MBA in HR, some students end up working in job consultancies or companies focusing solely on recruitment. When they apply to larger companies, they are often rejected because they lack knowledge in areas such as salary negotiation, performance appraisal, training, and grievance handling. Therefore, it's not just the degree that matters; your experience in various HR fields is also crucial.

Dear, I am not an HR person, but based on my experience and knowledge, the group/company you join is most important. If you join a good company at a lower CTC, it's not a problem; it will be compensated in the future within the same company. If you switch to another company, you will also get a handsome CTC because you have the backing of a good organization. Therefore, as you are starting out, you should prioritize joining a good organization over focusing solely on CTC.

Dear, I am not an HR person, but based on my experience and knowledge, the group/company is most important. If you join a good company with a lower CTC, it's not a problem as it will be compensated in the future within the same company. If you decide to switch to another company, you will also receive a handsome CTC because you have the backing of a reputable organization. Therefore, since this is just the beginning, you should prioritize joining a good organization over focusing solely on the CTC.

AKG

Hello Seniors,

Thank you for your valuable feedback.

I have another doubt. I went for another interview, and the HR said that she is going to consider me as a trainee and offered me the same package [1.05L PA]. She added that I can think about it and get back to her in 2 days.

Now, what am I supposed to do? Should I start the negotiation, or I don't know what to do? Please help me out.

Thanks & Regards, Xela MBA HR- 2010 Passout

Find more at https://www.citehr.com/295754-curren...#ixzz15WJ2WQ6B

I am pursuing my MBA in HR first year. Currently, I am working as an HR Assistant. What compensation can I expect for this position?

Dear Sender,

Please bear in mind that unless you attain knowledge and experience, no organization will pay you more than the industrial standard for the position for which you have been appointed. For a fresher or up to 1 year of experience, the salary will be in the range of 1 to 2.5 lacs. (Exceptions exist but are not to be considered at this point in time.)

Stay in the same organization for a couple of years (say 3 to 5 years minimum), learn as much as possible in all areas, and then you will be paid more when you opt for a change of job.

All the best.

LK

Dear Seniors,

I am Parasuram, working as an Associate Test Lead in Functional Test Automation in a private concern in Chennai for the past 4 years. I have very strong knowledge in QTP 11.0 and QC 10.0. I have been actively involved in planning, estimation, and proposal writings for the automation engagements for clients across the globe for the past 2 years. In addition to QTP, I am very confident in certain other leading functional testing tools like Selenium, RFT, and Test Complete. I have conducted some Proof of Concepts (PoCs) before the actual engagement kicks off. Therefore, I am more like the face of our company for the client. I handle onsite and offshore teams. With my qualifications, what is the current CTC I can expect in the market?