Majority blue-collar jobs pay less than Rs 20,000 per month: Report
The Hindu
Majority of blue-collar jobs in India pay under ₹20,000/month, highlighting financial strain and limited upward mobility in the sector.
The majority of blue-collar jobs in India pay within the salary range of ₹20,000 or less per month, suggesting that a substantial portion of the workforce is grappling with financial strain, struggling to meet essential needs such as housing, healthcare, and education, a report has said.
Over 57.63% of blue-collar jobs fall within the salary range of ₹20,000 or less per month, indicating that many workers earn close to the minimum wage, tech-enabled blue-collar recruitment platform WorkIndia said in a report.
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In addition, the report revealed that about 29.34% of blue-collar jobs are in the moderate earning bracket, with salaries ranging from ₹20,000-40,000 per month.
Workers falling under this category, experience marginally improved financial security but are far from achieving a comfortable standard of living, it said.
The income in this range may cover necessities but it leaves little room for savings or investments, which highlights the economic vulnerability of a large segment of the blue-collar workforce, it added.
"The data reveals a significant concentration of low-wage jobs and limited opportunities for higher earnings within the blue-collar sector. This disparity not only reflects the economic challenges faced by a large portion of the workforce but also has broader implications for social stability and economic growth," WorkIndia CEO and co-founder Nilesh Dungarwal said.