Recent study mentioned that, manufacturing sector is the least paying sector in India. Despite of the government's initiatives such as Make in India manufacturing sector continues to be paid the least, irrespxtive of their education levels. The report mentioned that IT is the highest paying sector, meanwhile BFSI sector paid higher remuneration to the high level of education levels.
The survey also mentioned that, only 55% of employees in the IT sector are satisfied with their pay. Salary is the main criterion to attract employees and engage with them. Here only 50% employees in both IT and BFSI sectors are least satisfied with their salaries.
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