mumbai locationagnostic companies are deepening their faith in skill setstier2 cities are emerging as major talent hubs where companies are investing proactively thiruvananthapuram chandigarh kochi bhubaneswar and vadodara have emerged as the top tier2 cities in terms of salaries offered while bengaluru and mumbai continue to top the ranks in terms of pay packages the gradual emergence of tier2 cities is a promising trend for india inc as local talent will get ample exposure to showcase their skills and potential while earning healthy pay in accordance with their skill sets said randstad india md ceo viswanath p saccording to randstads annual salary trends report shared exclusively with toi professionals across levels can expect higher salary increments next year especially those living in smaller metros and tier2 cities the report says the national average costtocompany ctc of rs 58 lakh rs 181 lakh and rs 342 lakh for junior middle and senior levels respectively reiterates consistent forecasts that india will post the highest salary increments in 2023 among tier1 cities chennai which has seen high demand for talent across automotive manufacturing saas deep tech fintech edtech and consumer tech businesses shows the highest jumps in salaries across all levels when compared to the previous yearpune has jumped up the ranks in the junior and middle levels pune has been a strong centre for the manufacturing and auto industries and in recent years for the itites industry too its average ctc of rs 59 lakh at the junior level and rs 185 lakh at the middle level shows the willingness of organisations to counter the severe competition for talenthyderabad which has expanded its reach beyond the it industry to pharma banking and finance and real estate sectors has risen four ranks in the senior level to occupy second place with an average ctc of rs 357 lakhbengaluru leads in salary pay scales across the junior and middle levels at an average ctc of rs 7 lakh and rs 194 lakh respectively however at an average ctc of rs 361 lakh mumbai takes the honours for the highest salaries at the senior levelthiruvananthapuram has moved up to first place in salaries paid at the junior level in tier2 cities chandigarhs move to grow the it industry has paid off with the city retaining its top rank for salaries in the middle level average ctc rs 152 lakh balancing its core strengths in aluminum iron and steel paper and cement with investment service sectors like it has ensured that bhubaneswars average ctc at senior level rs 337 lakh is very close to the national average jaipur which has become home to auto itites cement mineral and gems jewellery industries has surged to the fifth spot in seniorlevel salaries average ctc rs 241 lakh