NEW DELHI: Salaries of graduates from India's top management institutes have started to plateau as campus hiring becomes a buyer's market.
"Organizations continue to offer a substantial premium for Tier 1 talent but the hype around exorbitant packages at the campus has clearly been subdued," says Aon Campus Study 2017-18.
MBA Tier 1 compensation at campus placements has displayed an average increase of 9.3% till 2016. However, since then this growth has begun to plateau at 3.3% annually. Surprisingly, salaries for graduates from Tier 2 and Tier 3 management institutes have showcased a constant increase, in the range of 6.5% - 7.5%, over the last seven years.