Have you wondered who are the best paying companies in India. I was always under the impression that the top paymaster in India would be one of the IT companies, but that’s not so – It is one of the telecom companies.
And if you look at the average salary, you will be actually surprised. According to the SundayET survey, the tag of India’s top paymaster goes to – Bharti Airtel – currently the biggest telecom company in India. Surprisingly, even with the global recession last year, the average salaries saw a rise of more than 10% for Bharti (some companies on the list like Nalco have close seen close to 30% rise in average salaries)
What I found very surprising was the number of PSU’s on this list – I was under the impression that these guys pay much lesser than private companies, but that’s not so.
An the space I thought would dominate the list – Information Technology – actually has only 2 companies in top 10 list.
With the break neck competition we are seeing in the telecom space, and alarming fall of call rates, the profits are going to be pretty squeezed up in coming days. It would be very difficult to hold on to that tag !
Coming back to current situation – Here are the top 10 paymasters in India.
| Rank | Company Name | Mar 2009 Salary(lakhs) | Mar 2008 Salary(lakhs) |
| 1 | Bharti Airtel | 12.02 | 10.97 |
| 2 | Infosys | 11.06 | 10.21 |
| 3 | ONGC | 11.62 | 10.40 |
| 4 | GAIL | 10.09 | 10.01 |
| 5 | Hero Honda Motors | 8.92 | 7.97 |
| 6 | Wipro | 8.85 | N/A |
| 7 | Nalco | 7.87 | 5.03 |
| 8 | NTPC | 6.97 | 6.23 |
| 9 | Reliance Industries | 6.39 | 5.88 |
| 10 | Indian Oil | 6.25 | 4.38 |
I have my reservations about this list – But what do you think? Do PSU’s pay that huge salaries that they dominate this list?