Monster India releases latest ‘Monster Salary Index’

Highlights significant gender pay gap in India’s healthcare sector

Monster India, a leading online career and recruitment solutions providers in the country recently released the latest ‘Monster Salary Index’ (MSI). The highlights of MSI indicate that the gender pay gap in India in the healthcare sector stands at 26 per cent. The median gross hourly salary fluctuated and it stood at Rs 216.5 in 2013, at Rs 240.6 in 2014 and in 2015, it decreased to Rs 220.4. The report states an overall gender pay gap of 27 per cent in India where men earned a median gross hourly salary of Rs 288.68, whereas women earned only a median gross salary of Rs 207.85 per hour.

MSI is aimed at empowering jobseekers by establishing a benchmark to compare their salaries with other anonymous profiles across a broad spectrum of industry domains, experience, functional groups both in India and other global markets. For employers, MSI has an online salary survey that aims to provide employers with practical information and helps them make informed decisions by analysing the salary market and optimizing employee remuneration.

EH News Bureau