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APAC Market Report Q4 2022

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Talent Solutions - Asia Pacific QMR Q4 2022 │ 24 Mumbai, Maharashtra Indicative Annual Salary and Hourly Pay – Selected Positions : Mumbai Annual Salary Hourly Salary Annual Salary Hourly Salary Cloud Developer ₹ ₹ 20 Java Developer ₹ 0 4 2 ₹ 0 $16,930 $7.60 $13,560 $6.20 Cyber Security Architect ₹ 24 ₹ Project Manager - IT ₹ ₹ 22 $15,300 $6.95 $17,115 $7.65 Data Analyst ₹ 2 4 ₹40 00 Software Developer ₹ 2 ₹ 2 $11,185 $5.00 $14,370 $6.55 ‾ Open IT Vacancies 24,178 ‾ Time To Fill: 69 Days ‾ Hiring: Moderately Difficult ‾ Median Salary IT Function: ₹4 4 000 (~ $US 5,235 per year) ‾ Jobs in highest demand: ▪ Java Developer ▪ Web Development ▪ Software Development Mumbai IT Function Hiring Situation (February) January 2023, YOY Urban inflation in Maharashtra was 6.35% 2 2 44 0 4 040 222 4 4 4 4 4 2 4 4 2 4 2 2 y y i ab c Pa ici a i Ra Mumbai - Demand Trend for IT Function by Month Urban Labor Statistics for Maharashtra Employed Population (in 000s) Unemployment Rate (% of Labor Force) Overall Workforce Participation Rate 15 years+ in Urban Maharashtra is 36.2%. State Workforce Participation rates are: Overall: 43.4% Males: 64.3% Females: 18.6% Sources: Gartner Talent Neuron https://mapchart.net/ https://unemploymentinindia.cmie.com/ https://mospi.gov.in/ Urban Workforce Participation Rates Workforce Participation by Age - Maharashtra '000 P

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