While packaging is an important part of presenting a product, the hardwork and the research & development that happens behind the stage to bring that product to the shelf generally goes unnoticed. It is only the final packaged product, which the customer sees and buys it.
Nevertheless, it’s a known fact that attractive packaging has helped many companies increase revenues in the short term.
$460b by 2015
The packaging industry worldwide is one of the fastest growing – its worth being US$395 billion in 2010 and estimated to be at US$460 billion by 2015. The growth in the industry reflects a positive growth rate for the packaging professionals across the globe. With growth, industries face newer challenges and they seek newer solutions. The packaging industry is no different facing challenges and disparities and the biggest being the unorganised sector.
www.packagingconnections.com has taken a step further to understand the remuneration model in the Indian packaging industry. Their interaction with the packaging professional pan-India has highlighted the disparity in salaries and the remuneration model for packaging professionals. The salary survey was conducted to see if the disparity exists, and, if yes, to what extent. The key challenges faced were the unavailability of any data points, the packaging industry is still unorganised and there has been no such survey done before.
Simple approach
The survey approach was simple and conducted online through various packaging professional groups worldwide and the 94,000+ community members on www.packagingconnections.com. Data was collected over a period of three weeks and a phased approach was followed. The collection and analysis of the data collected offers an interesting insight.
Survey results
Presence
31% of the packaging professionals are present in south of India and second major presence is seen in north India. 79% packaging professionals employed in the industry are qualified packaging professionals and 57% professionals in the industry are post-graduates.
Industry-wise spread
As per company demographics, industry-wise spread of the packaging professionals - pharmaceutical and food were seen at the 2 & 3 highest share of 25% & 23% respectively. Highest share is of packaging materials with 28%.
As per the job profile, the packaging professionals spread as per work experience. Professionals with 0-2 years of experience were the highest with 27% of the share, 6-10 yrs with 23% of the share, followed by 3-5 years experience with 18% of the share.
Position or level
As per the work experience the biggest disparity in the position or level is seen with middle management with the highest share of nearly 50% followed by junior level at 25% share. Further to this the disparity in the salary is the biggest as the salary structure emerges and is not in accordance to the years of experience and position. The salary structures seem to be varying at multiple levels due to varying factors - like the zone-wise variation, industry-wise variation etc. As clearly seen from the bar chart below the Rs 2-4 lakh and 5-9 lakh salary / annum have the same share - 29% each and the dip in the share in the consecutive slabs is sudden. From 29% share of the first two slabs the third slab share is seen at 17%. Correlation of the work experience, position and annual salary cannot be established directly by the data as a huge variation in all the three parameters is seen from maximum to minimum data points.
This survey is an attempt to understand the Indian packaging professionals’ salary model and indeed brought the point strongly that salary model for Indian packaging professionals lacks standardisation a huge gap and scope of evaluation and rework exists.
Disclaimer: Please note that this information is NOT intended to be used in justifying salary discussions with your employer or any arbitration/legal proceedings. It is solely intended as an interesting way for readers of this report to understand the current scenario in the packaging industry on salary basis. This presentation by PackagingConnections (PC) contains information that is provided are for non-commercial use. The information provided by the PC in this presentation is general in nature and is not intended as a guide to individual concerns. Unauthorised attempts to modify any information stored on this presentation or to use it for any purposes other than its intended purposes are prohibited. PackagingConnections makes no warranties, guarantees, or representations as to the accuracy of statistical information contained in this presentation, and assumes no liability or responsibility for any errors in the content.
