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Average Salary in Maharashtra 2022

How much money does a person working in Maharashtra make?

Average Monthly Salary
38,400 INR
( 461,000 INR yearly)


A person working in Maharashtra typically earns around 38,400 INR per month. Salaries range from 9,710 INR (lowest average) to 171,000 INR (highest average, actual maximum salary is higher).

This is the average monthly salary including housing, transport, and other benefits. Salaries vary drastically between different careers. If you are interested in the salary of a particular job, see below for salaries for specific job titles.

Distribution of Salaries in Maharashtra

Median and salary distribution monthly Maharashtra
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The median, the maximum, the minimum, and the range

  • Salary Range

    Salaries in Maharashtra range from 9,710 INR per month (minimum salary) to 171,000 INR per month (maximum average salary, actual maximum is higher).

  • Median Salary

    The median salary is 39,900 INR per month, which means that half (50%) of the population are earning less than 39,900 INR while the other half are earning more than 39,900 INR. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

  • Percentiles

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of the population are earning less than 22,300 INR while 75% of them are earning more than 22,300 INR. Also from the diagram, 75% of the population are earning less than 110,000 INR while 25% are earning more than 110,000 INR.

What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary

Salary Comparison by Years of Experience

How does a person's salary progress over time?

Salary Comparison By Experience Level
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The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher the wage.

Generally speaking, employees having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.

Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.

Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.

As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark.

Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Salary Comparison By Education

How does the education level affect your salary?

Salary Comparison By Education
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It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income? We compared the salaries of professionals at the same level but with different college degrees levels across many jobs, below are our findings.

Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of multiple jobs. To view accurate figures, choose a specific job title.

Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level.

Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a cerificate or diploma.

Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.

Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job.

Is a Master's degree or an MBA worth it? Should you pursue higher education?

A 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. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch into a higher paying job. The numbers seem to support this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

The decision really depends on your situation and experience among many other factors. Putting all variables aside, if you can afford the costs of higher education then the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.

Salary Comparison By Gender

Salary comparison by gender monthly India
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male employees in India earn 9% more than their female counterparts on avergae across all sectors.

33,100 INR
30,300 INR
Percentage increase and decrease are relative to the previous value

Average Annual Salary Increment Percentage in India

How much are annual salary increments in India? How often do employees get salary raises?


Employees in India are likely to observe a salary increase of approximately 9% every 16 months.

Annual Salary Increment Rate India
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency

The average salary increase in one year (12 months) in India is 7%.

Annual Increment Rate By Industry 2021

Information Technology

Listed above are the average annual increase rates for each industry in India for the year 2021. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.

Average Salary Increase Rate by Experience Level

Junoir Level
3% - 5%
6% - 9%
Senior Level
10% - 15%
Top Management
15% - 20%

The difference in increment rates is somehow justified because employers put more effort to retain more experienced staff since they are harder to acquire than less experienced ones.

Worldwide Salary Raises: All Countries and All Jobs

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Bonus and Incentive Rates in India

How much and how often are bonuses being awarded?Annual Salary Bonus Rate India
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51% of surveyed staff in India reported that they haven't received any bonuses or incentives in the previous year while 49% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 4% to 5% of their annual salary.

Received Bonus
No Bonus

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.

Bonus Rates Comparison by Career Field

Business Development
Marketing / Advertising
Information Technology
Customer Service
Human Resources

What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

A graphics designer working for a graphics designing company.

A graphic designer in the marketing department of a hospital.

Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Salaries for popular jobs

Job TitleAverage Salary
Accounting and Finance
Accountant27,400 INR
Accounting Assistant20,500 INR
Accounting Manager57,100 INR
Bookkeeper17,400 INR
Chartered Accountant34,100 INR
Corporate Treasurer49,100 INR
Financial Analyst49,700 INR
Financial Manager76,300 INR
Internal Auditor35,300 INR

Administration / Reception / Secretarial
Administrative Assistant20,500 INR
Office Manager33,100 INR
Receptionist14,900 INR
Secretary17,300 INR

Advertising / Grapic Design / Events
Art Director38,900 INR
Creative Director37,500 INR
Graphic Designer22,900 INR
Photographer20,300 INR

Airlines / Aviation / Aerospace / Defense
Aerospace Engineer47,200 INR
Air Traffic Controller42,700 INR
Flight Attendant24,900 INR
Pilot66,200 INR

Architect46,600 INR
CAD Drafter20,000 INR

Mechanic14,500 INR
Service Advisor26,800 INR

Bank Branch Manager68,000 INR
Teller14,300 INR

Teacher30,300 INR
Translator34,100 INR

Business Planning
Business Analyst45,500 INR
Business Development Manager59,700 INR
Project Manager42,800 INR

Care Giving and Child Care
Nanny15,200 INR
Nursery Teacher13,600 INR

Construction / Building / Installation
Civil Engineer33,400 INR
Construction Project Manager61,300 INR
Health and Safety Officer17,600 INR

Customer Service and Call Center
Call Center Representative13,900 INR
Customer Service Manager53,500 INR
Customer Service Representative14,200 INR

Electrical Engineer37,700 INR
Engineer36,400 INR
Mechanical Engineer36,000 INR

Executive and Management
Chief Executive Officer87,000 INR
Chief Financial Officer75,700 INR
General Manager69,300 INR

Food / Hospitality / Tourism / Catering
Chef24,400 INR
Executive Chef28,300 INR
Hotel Manager69,100 INR
Travel Agent23,500 INR
Waiter / Waitress12,400 INR

Health and Medical
Dentist90,100 INR
Dietitian73,100 INR
Laboratory Technician28,600 INR
Nurse30,500 INR

Human Resources
Human Resources Manager57,100 INR
Human Resources Officer23,000 INR

Information Technology
Computer Technician28,900 INR
Database Administrator38,500 INR
Developer / Programmer35,800 INR
Information Technology Manager60,600 INR
Network Engineer32,400 INR

Law Enforcement / Security / Fire
Police Officer21,800 INR

Attorney76,000 INR
Legal Assistant19,500 INR

Media / Broadcasting / Arts / Entertainment
Journalist42,700 INR

Pharmaceutical and Biotechnology
Biomedical Engineer32,800 INR
Pharmacist47,800 INR

Sales Retail and Wholesale
Cashier14,800 INR
Sales Manager65,400 INR
Sales Representative23,500 INR

Teaching / Education
Elementary School Teacher25,400 INR
Secondary School Teacher30,400 INR

Average Hourly Wage in Maharashtra

220 INR per hour

The average hourly wage (pay per hour) in Maharashtra is 220 INR. This means that the average person in Maharashtra earns approximately 220 INR for every worked hour.

Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

Maharashtra VS India

Salary Comparison Between Maharashtra and India monthly
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We compared salaries in Maharashtra and India and we found that Maharashtra salaries are 20% more than those of India.

Salary Comparison By City

CityAverage Salary
Mumbai36,600 INR
Nagpur32,700 INR
Pimpri-Chinchwad31,800 INR
Pune34,000 INR

Government vs Private Sector Salary Comparison

Where can you get paid more, working for a private company or for the government? Public sector employees in India earn 5% more than their private sector counterparts on average across all sectors.

Private Sector
31,000 INR
Public Sector+5%
32,700 INR
Percentage increase and decrease are relative to the previous value

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