Market Intelligence Reports

APAC Market Report Q1 2023

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Talent Solutions - Asia Pacific QMR Q1 2023 │ 25 Chennai, Tamil Nadu Indicative Annual Salary and Hourly Pay – Selected Positions : Chennai Annual Salary Hourly Salary Annual Salary Hourly Salary Cloud Developer ₹ 1 3 3 ₹ 2 Java Developer ₹ 1 131 111 ₹ 02 $16,990 $7.60 $13,730 $6.10 Cyber Security Architect ₹ 1 2 0 03 ₹ 2 Project Manager - IT ₹ 1 ₹ $15,295 $7.10 $17,585 $7.95 Data Analyst ₹ 2 ₹ 1 13 Software Developer ₹ 1 1 2 11 ₹ 21 $10,430 $5.05 $14,235 $6.35 Overall Workforce Participation Rate 15 years+ in Urban Tamil Nadu is 36.7% State Workforce Participation rates are: Overall: 39.2% Males: 63.3% Females: 12.3% Sources: Gartner Talent Neuron https://mapchart.net/ https://unemploymentinindia.cmie.com/ https://mospi.gov.in/ March 2023, YOY Urban inflation in Tamil Nadu was 6.68% 1 2 10 1 3 3 1 3 12 3 13 10 10 11 230 10 30 10 10 0 10 2 12 0 2 0 2 000 000 000 000 10 000 12 000 1 000 3 1 2 3 1 2 3 1 2 3 201 2020 2021 2022 P c a i a is a c f a is P a i f a is ‾ Open IT Vacancies 34,798 ‾ Time To Fill: 66 Days ‾ 33% of roles filled within 30 days ‾ Hiring: Slightly Difficult ‾ Median Salary IT Function: ₹ 00 (~ $US 5,780 per year) ‾ Jobs in highest demand: ▪ Java Developer ▪ Software Engineer ▪ Stack Developer Chennai – Hiring Demand Trend for IT Function Hiring Demand Trend for IT Function Roles by Experience Level Urban Labor Statistics for Tamil Nadu Over Time IT Job Function Vacancies Chennai '000 P

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