WageIndicator Foundation - Kabina, T., Varkkey, B., Korde, R., & Bizik, P. (2015). WageIndex Report India: Wages and working conditions in the manufacturing sector.
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ABSTRACT / KEY FINDINGS
- The median gross hourly wage in the manufacturing sector is INR 254.04.
- Overall, 93% of respondents in this sector hold at least a 3-year Bachelor’s degree.
- Workers below 30 years of age earn on average INR 131 per hour; workers between the ages of 30-40 earn INR 260 per hour, and workers over 40 earn INR 346 per hour.
- Approximately 90% of survey respondents working in the manufacturing sector were men.
- Men earn a gross hourly wage of INR 260, while a female receives only INR 195 per hour.
- The gender pay gap in the manufacturing sector is about 25%.
- Male supervisors out-earn female supervisors, and males are compensated higher for more experience than females with similar experience.
- Workers with permanent contracts earn roughly 31% more than workers with non-temporary contracts.
- Foreign companies in the manufacturing sector pay wages that are almost double than domestic firm wages, at the median.
- Small companies pay an hourly wage of INR 162, while large firms pay an hourly average wage of INR 344.
- Profit share and annual bonuses in the Manufacturing sector are more common than in other sectors of the Indian economy.
- Workers are highly satisfied with their working relationships with colleagues, while least satisfied with their wages.