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The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment. Many people pursue higher education as a tactic to switch into a higher paying job. In most cases, a salary review is conducted once education is completed and the degree has been attained.
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You can't really expect any salary increases during the study period, assuming you already have a job. Is a Master's degree or an MBA worth it? Should you pursue higher education?Ī Master's degree program or any post-graduate program in India costs anywhere from 160,000 Indian Rupee(s) to 479,000 Indian Rupee(s) and lasts approximately two years. Also from the diagram, 75% of the population are earning less than 79,100 INR while 25% are earning more than 79,100 INR. Reading from the salary distribution diagram, 25% of the population are earning less than 16,900 INR while 75% of them are earning more than 16,900 INR. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.Ĭlosely related to the median are two values: the 25th and the 75th percentiles. The median represents the middle salary value. The median salary is 29,400 INR per month, which means that half (50%) of the population are earning less than 29,400 INR while the other half are earning more than 29,400 INR. Salaries in India range from 8,080 INR per month (minimum salary) to 143,000 INR per month (maximum average salary, actual maximum is higher). Tweet Get Chart Link The median, the maximum, the minimum, and the range