Freshers are unhappy with first job salary package: The survey

Mumbai:  Getting the first job offer is a time to celebrate; however, freshers in India consider current salary package offered by Indian Inc is not so exciting to celebrate.  As per the survey on Gen Y and Gen Z, for freshers  first job is not a happy hunting ground as first job salary package  does not meet their expectations. Interestingly, 55% Gen Y and 53% Gen Z candidates weren’t even satisfied with their first drawn salaries.

Here it can be noted that Generation Y means candidates aged 21 to 32 years and Generation Z candidates aged 16 to 20 years.


As per The survey on Gen Y and Gen Z, most (36%) Gen Y candidate’s first paycheck was in the range of Rs 2-3 lakh per annum while 42% Gen Z got salary offer of Rs 3-5 lakh per annum in their first job. In addition, none of the Gen Y candidates got a package of more than Rs 10 lakh per annum but about 10% Gen Z did managed to land a job with fat packages.

As far as job role is concerned, Gen Y’ers  were more satisfied with the role offered, claimed 61% Gen Y respondents. Further, 10% Gen Y professionals are still continuing with their first employer.

On the other hand, 57% Gen Z professionals stated they were satisfied with their first job roles but just only 3% Gen Zers were still with their first employers.

Better pay package is a major reason for leaving the first employer, finds the survey. Nearly 45% Gen Y and 58% Gen Z candidates left their first job within 2-3 years. On a question why they left, over 50% of both Gen Y and gen Z said the reason was better package.  Better career growth opportunity (Gen Y – 42%, Gen Z – 46%) is second key reason for leaving the first job.

Nearly 50% Gen Y’ers said they were getting good appraisals and increments that made them to stay with their first employer.

About, India’s leading career and recruitment portal, is one of the best-selling online ventures of the Times of India Group. Conceived and launched in 2004, currently has a candidate database of more than 25 million registered job-seekers across levels and functions who clock-in over 60 million page views a month.

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