2008 09 salary report

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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.

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

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Page 1: 2008 09 Salary Report

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.

Page 2: 2008 09 Salary Report

Workosaur Salary Survey Report 2008-09

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TABLE OF CONTENTS OBJECTIVE OF THE SURVEY ..................... 3

METHODOLOGY ...................................... 3

FINDINGS ................................................ 3

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

The Workosaur Salary Survey Report 2008-09 can also be seen online at the following URL: http://www.workosaur.com/salary/

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Objective of the Survey The Workosaur Salary Survey is an Annual Survey which is conducted with the objective of providing senior professionals with data to benchmark their salary against prevailing industry standards within their functional area. The functional areas being covered under this survey are: 1. Consulting, Strategy & Planning 2. Finance & Accounts 3. Sales, Business Development &

Marketing

Methodology The Workosaur Salary Survey Report is based on salary (including variable component) data made available by 3200 top professionals in India. We restricted the audience to alumni of the top 10 business schools in India. This restriction has been imposed so that the readers of this survey can benchmark themselves against the best in the industry. Within a particular function, we have then analyzed data in clusters – each cluster consisting of those from a particular b-school batch. The batch was chosen as the basis of analysis because of the specific tendency exhibited by professionals to know where they stand amongst their school batch.

Findings For each cluster of data, we have then presented a Salary Distribution Chart, Average Annual Salary and a Designation Cloud. The Salary Distribution Chart is a pie chart depicting the distribution, within a cluster, in different annual salary ranges. The

Average Salary is the mean annual salary within a cluster. The Designation Cloud is a weighted list of the designations that are common to a particular cluster with the font-size of a particular designation corresponding to its relative prevalence in that cluster.

Using this Report • Narrow down to your functional area. • Narrow down to your b-school/post-

graduation batch. (If you have not completed your post-graduation, then select a batch four years from the completion of your under-graduation.)

• Check where you stand when compared with the best talent in the industry.

• If you are unhappy with your standing, then head to www.workosaur.com and apply for a higher-paying job.

• Next, send this report to as many of your friends as possible.

About Workosaur Workosaur.com is a free job board for senior positions i.e. jobs that pay more than Rs. 10+ lakh per annum. Unlike the other job sites, Workosaur truly focuses on aggregating the most lucrative jobs in India and overseas - C-level, vice president, director and manager positions. We explicitly ask employers to use our job board only for positions for which they can afford to pay more than Rs. 10 lakh. This also means that the site serves only the most qualified job-seekers - those currently earning Rs. 7.5+ lakh per annum. Those earning less would be wasting their time applying to the jobs on Workosaur.

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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

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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

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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

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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

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Batch of 2003

Average Qualification: MBA/PGDM + 8 years of work experience

Salary Distribution Chart

Average Annual Salary

Designation Cloud

advisor associate-director business-

headconsultant 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-managervice-president-corporate-planning

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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

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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 directormanagement-

consultant manager manager-consulting principal-consultant

program-manager regional-head

senior-consultant senior-manager strategy vice-president

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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

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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-

manager-retail-banking project-finance-manager project-manager-equity-and-commodity regional-credit-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

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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 chief-manager credit-analyst

equity-analyst equity-research-analyst head-banking-and-treasury-

operationsmanager 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

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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-

management partner-strategic-initiatives plant-finance-manager portfolio-manager product-manager project-manager relationship-manager sales-

manager senior-analyst senior-area-sales-manager senior-manager-

financial-markets state-head

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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

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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-managermanager manager-advances manager-corporate-

and-investment-banking manager-international-private-banking manager-unsecured-assets portfolio-

manager product-manager product-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

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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 associate associate-manager associate-vice-president branch-

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

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Batch of 1998, 1999 & 2000

Average Qualification: MBA/PGDM + 11.5 years of work experience

Salary Distribution Chart

Average Annual Salary

Designation Cloud

area-manager area-sales-manager assistant-vice-president associate-vice-president branch-head chief-

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

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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

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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-manager assistant-brand-manager assistant-business-development-

executive assistant-manager 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

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Batch of 2006

Average Qualification: MBA/PGDM + 3 years of work experience

Salary Distribution Chart

Average Annual Salary

Designation Cloud

area-manager assistant-branch-

manager assistant-brand-manager assistant-

general-manager assistant-general-manager-marketingassistant-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 key-accounts-manager 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

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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-

manager assistant-manager-category-development assistant-manager-exports branch-manager brand-manager business-development-manager

business-manager category-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

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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

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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-

manager regional-distribution-manager regional-manager regional-sales-manager sales-

manager senior-manager vice-president

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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 associate-general-manager associate-vice-president business-manager category-product-manager cluster-manager deputy-general-manager-marketing deputy-

manager-marketing director 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

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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-

manager cluster-manager deputy-general-manager-sales-and-marketing deputy-general-manager-new-product-development deputy-manager-sales director director-

marketing divisional-head general-manager-sales-and-marketing general-manager-franchise general-manager-new-product-development group-product-

manager head-marketing head-multi-brand-retail-programs manager 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

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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-

development director-sales general-manager-sales-and-marketing general-manager-public-affairs general-manager-retail head -

business head-business-development head-marketing-communications head-

marketing-international-operations head-of-marketing-services head-projects-marketing joint-

director manager manager-international-sales marketing-director marketing-head

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

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Thank You!

For any queries about The Workosaur Salary Survey Report 2008-09, contact Nimish Adani / +91.9769290870 / [email protected].