According to the Economic Times survey conducted across India metros in 2019, only nine percent of respondents were willing to take a salary cut of more than 40 percent on relocation to a non-metro city in the country.
Since 2014, there are eight metros in India - Chennai, Delhi, Mumbai, Kolkata, Bengaluru, Hyderabad, Ahmedabad and Pune.
Willingness in salary cut on relocation from a metro to a tier 2 or 3 city across India as of October 2019
Survey question :
"How big a salary cut will you be willing to take to shift?"
Note: Government of India has divided the cities across the country according to their development, population and infrastructure.
Tier 1 cities are metropolitan cities which are developed and cost of living is comparatively high.
Tier 2 cities are more developed than tier 3 cities, well connected with luxury amenities and big shopping complexes and facilities are available.
Tier 3 cities are semi urban and lacking good facilities but cost of living is cheap.
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The Times Group (Bangalore Mirror). (October 30, 2019). Willingness in salary cut on relocation from a metro to a tier 2 or 3 city across India as of October 2019 [Graph]. In Statista. Retrieved November 09, 2024, from https://www.statista.com/statistics/1109169/india-willingness-to-reduce-salary-to-shift-to-a-tier-2-or-3-city-from-metro/
The Times Group (Bangalore Mirror). "Willingness in salary cut on relocation from a metro to a tier 2 or 3 city across India as of October 2019." Chart. October 30, 2019. Statista. Accessed November 09, 2024. https://www.statista.com/statistics/1109169/india-willingness-to-reduce-salary-to-shift-to-a-tier-2-or-3-city-from-metro/
The Times Group (Bangalore Mirror). (2019). Willingness in salary cut on relocation from a metro to a tier 2 or 3 city across India as of October 2019. Statista. Statista Inc.. Accessed: November 09, 2024. https://www.statista.com/statistics/1109169/india-willingness-to-reduce-salary-to-shift-to-a-tier-2-or-3-city-from-metro/
The Times Group (Bangalore Mirror). "Willingness in Salary Cut on Relocation from a Metro to a Tier 2 or 3 City across India as of October 2019." Statista, Statista Inc., 30 Oct 2019, https://www.statista.com/statistics/1109169/india-willingness-to-reduce-salary-to-shift-to-a-tier-2-or-3-city-from-metro/
The Times Group (Bangalore Mirror), Willingness in salary cut on relocation from a metro to a tier 2 or 3 city across India as of October 2019 Statista, https://www.statista.com/statistics/1109169/india-willingness-to-reduce-salary-to-shift-to-a-tier-2-or-3-city-from-metro/ (last visited November 09, 2024)
Willingness in salary cut on relocation from a metro to a tier 2 or 3 city across India as of October 2019 [Graph], The Times Group (Bangalore Mirror), October 30, 2019. [Online]. Available: https://www.statista.com/statistics/1109169/india-willingness-to-reduce-salary-to-shift-to-a-tier-2-or-3-city-from-metro/