LinkedIn has announced the launch of LinkedIn Salary in India. The network positions this tool as 'a definitive resource for job salary data'.
The tool looks to draw on data from the network's members in India. Professionals can gather insights into the compensation landscape, including bonus and equity data for specific job titles across different Indian cities. Free members can access the complete LinkedIn Salary experience by contributing their salary data while LinkedIn Premium members can access it without that.
Ajay Datta, head of product - India, LinkedIn, said, “At LinkedIn, we are always helping our members make informed decisions about their career to help them get closer to their dream job. In India’s competitive jobs market, LinkedIn Salary will help create salary transparency and empower our members with reliable data on what companies are paying today, what kind of compensation packages to expect, and how salaries vary as per industries and educational qualifications. This will help professionals, including students and career starters, negotiate better salaries and optimise their earning potential. As the tool gathers momentum in India, it will offer more actionable insights to our members.”
Along with the launch of this, the network has also revealed a study of the 'top five highest paid regions' in the country and the 'top 10 highest paid industries'.
Bengaluru tops the regions followed by Mumbai, Delhi NCR, Hyderabad and Chennai.
Among industries, 'Hardware and networking' is on top. 'Media and communications' comes in tenth place on the list which also consists of software and IT services (second), consumer goods (third) and health care (fourth).