Average Economist with Statistical Analysis Skills Salary in India
The average annual salary of Economist is ₹6,43,189.00
The starting salary of Economist is between ₹90,143.00 and ₹1,06,050.00 whereas the maximum salary range is between ₹21,40,000.00 and ₹24,61,000.00.
Minimum Annual Pay | Maximum Annual Pay |
---|---|
₹90,143.00 | ₹24,61,000.00 |
Economist Salary Comparison by Gender
This pie chart demonstrates the gender share for Economist. As indicated, the golden colour represents the percentage share for women and the green represents the percentage share for men.
As shown in the chart, male employees are involved significantly more as Economist compared to female. Their involvement is 65% while of female is only 35%.
Salary Distribution Based on Years of Experience
The line graph shows Economist salary in India on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.
For Economist working less than a year in a company, you notice that their annual salary starts around ₹4,36,000.00.
As the years of experience reaches 1 to 4, there is a significant increase of ₹84,500.00 which would give a total wage of INR520,500.00.
Prominent Skills Affecting Economist Salary
The bar graph data indicates the importance of specific skills which can have a direct impact on Economist's salary. It clearly highlights the skills needed for a post of Economist when hired by an employer.
The most vital skill expected of Economist is Policy Analysis which impacts the most than the rest of the skills indicated with a staggering 117% comparatively. Therefore, one’s salary would greatly depend on their skills in Policy Analysis.
The skill least likely to affect one’s pay would be Data Analysis with 8%. It can be said that Data Analysis skill will unlikely impact the salary.
Compensation Statistics Based on Experience Levels
This combination of a line and the bar graph shows how the experience affects the salary of Economist. Companies are considering factors like training and education directly affecting the salary offered to you as an employee. The line graph shows the salary increment with the increase in experience whereas the bar graph shows the comparision of how the salary is getting affected based on experience level.
As shown in the trends, lowest earning is ₹4,18,073.00 whereas the highest earning is ₹5,20,983.00 which clearly shows the salary increases with the level of expertise.
Early Career person will earn the maximum salary of ₹5,20,983.00 at -19%. So to summerize, Entry Level earns 35% less than the average salary, Early Career earns 19% less than the average salary.
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