Done By: NEHA.M.

SAPTE
NILAM NIKALE
RAVINDRA RATHOD
THE SALARY STRUCTURE IN MEDIA SECTOR
Indian print media is one of the largest print media in the world. Print media is also one of the
oldest and basic forms of mass communication. It includes newspapers, weeklies, magazines,
monthlies and other forms of printed journals.
Printing Industry encompasses numerous fields of every economy. Printing Industry is the
one that generates a wide range of products which is required in every step of our everyday
life. Starting from Newspapers, Magazines, Books, and Post Cards to Memo Pads and
Business Order Forms each are the products of Printing Industry.
We have 3 major media companies covered in our presentation to give an idea on the
compensation and benefits offered by these companies to their employees. We start with The
Times of India. The Times of India (TOI) is an Indian English-language daily newspaper.
In 2008, the newspaper reported that with a circulation of over 3.14 million .According to the
Indian Readership Survey (IRS) 2012, the Times of India is the most widely read English
newspaper in India with a readership of 7.643 million. This ranks the Times of India as the
top English daily in India by readership and even now in 2014 it is on the top position. It is
has the sister newspapers including The Economic Times, Navbharat Times, Maharashtra
Times. The Times of India daily Circulation reaches 3,140,000.
THE BASIC PAY SCALE
Designation

Level

Pay scale (PA)

Head of Department

Top

Rs. 7000000-12000000

Vice president

High

Rs.3500000-7000000

General manager

Mid

Rs.2000000-3500000

Deputy general manager

Mid

Rs.900000-2000000

Manager

Low

Rs.250000-900000

THE TIMES OF INDIA

Earning Head

Rs per Month

Rs par Annual

Basic Pay

10001

120012

HRA

5002

60024

Transportation Allowance

800

9600

Conveyance Allowance

1358

16296

Medical Reimbursement

1250

15000

Gross Salary

18411

220932

Company Contribution To PF

1200

14400

Cost to Medical Insure

500

6000

Communication Entitle

900

10800

Cost To Company

21011

252132

Target Variable Pay

1841

22092

Gratuity

481

5772

Total Target Remuneration

23333

279996

Next is The Indian Express which is an Indian English-language daily newspaper. It is

published in Mumbai by Indian Express Group. In 1999, eight years after the group's founder
Ramnath Goenka's death in 1991, the group was split between the family members. The
southern editions taking the name The New Indian Express, while the northern editions,
based in Mumbai, retaining the original Indian Express name, with "The" prefixed to the title.
The Indian Express is published at nine locationsDelhi, Mumbai, Nagpur, Pune, Kolkata,
Vadodara, Chandigarh, Lucknow and Ahmedabad.

THE SALARY OF MANAGER

Earning Head

Rs per Month

Basic Pay

18420

Rs per Annual
221040

HRA

9210

110520

Transportation Allowance

800

9600

Privilege Leave Payment

3500

42000

ARR-HRA,PLP,NP/BP

61148

733776

Total Earnings

93078

1116936

PF

2210

26520

After Deductions

90868

1090416

THE INDIAN EXPRESS PAY SCALE

Designation

Level

Pay scale (PA)

Head of Department

Top

Rs. 7000000-10000000

Vice president

High

Rs.4500000-7000000

General manager

Mid

Rs.3200000-4500000

Deputy general manager

Mid

Rs.2000000-3200000

Manager

Mid

Rs.1000000-2000000

Assistant Manager

Low

Rs.250000-1000000

Daily News and Analysis (DNA) is an Indian broadsheet launched in 2005 and published
in English from Mumbai, Ahmedabad, Pune, Jaipur, Bangalore and Indore in India. It is
the first English broadsheet daily in India to introduce an all-colour page format. It targets
a young readership and is owned and managed by Diligent Media Corporation. The DNA
Circulation is 260,000 copies daily (Mum).

THE BASIC PAY SCALE

Designation

Level

Pay scale (PA)

Initial Basic

Head of Department

Top

Rs.75,000 -1,00,000

75,000

Vice president

High

Rs. 62,000 - 80,000

62,000

General manager

Mid

Rs. 51,300 - 73,000

51,300

Deputy general
manager

Mid

Rs. 43,200 - 66,000

43,200

Manager

Mid

Rs. 36,600 - 62,200

36,600

Assistant Manager

Low

Rs. 32,900 - 58,000

32,900

THE SALARY OF SENIOR LEVEL MANAGER

Earning Head

Rs. per Month

Basic salary

32,052

HRA

16,000

Special Allowance

30,994

Conveyance

800

LTA

1000

Medical

1,250

Total

82,121

Deductions
PF

-3,846

Prof. Tax full period

200

Income Tax

-4,847

Personal Loan

-7,500

Total Deductions

17,336

Take-Home Salary

64,785

OUR OWN MEDIA COMPANY-THE NEWS EXPRESS

The News Express is an Indian English-language daily newspaper. In which we include
newspapers, weeklies, magazines, monthlies and other forms of printed journals.
The News Express is published at seven location Mumbai, Bangalore, Chennai, Delhi,
Kolkata, Gujarat, and Hyderabad.

Designation

Level

Pay scale

Initial Basic

Head of Department

Top

24000-1200-420001400-63000

24,000

Vice president

High

21000-1000-360001200-54000

21,000

General manager

Mid

17600-800-29600900-43100

17,600

Deputy general
manager

Mid

15000-750-26250800-34250

15,000

Manager

Mid

12350-650-22100700-29100

12,350

Assistant Manager

Low

9600-600-18600650-25100

9,600

SALARY STRUCTURE
Component

Per Annum

Per Month

Basic

4,50,000

37,500

HRA

2,25,000

18,750

Medical

15,000

1,250

Special Allowance

1,20,000

10,000

Telephone Reim.

36,000

3,000

Conveyance Reim.

75,000

6,250

PF Employer

54,000

Total

10,00,000

76,750

PF

54,000

4,500

In - Hand Salary

72,245

SALARY COMPARISON IN ALL THE COMPANIES

Earning Head

TOI

THE INDIAN
EXPRESS

DNA

NEWS EXPRESS

DA

HRA

50% on basic

50% on basic

50% on basic

50% of basic

Transportation
Allowance

800

800

800

800

Medical

1250

1200

1250

1200

PF

12% on basic

12% on basic

12% on basic

12% on Basic

Whatever benefits the other companies are giving the same is given in news express.

EXECUTIVE SALARY COMPARISON

Initial Heads

TOI

Indian Express

DNA

News Express

Basic

18420

16000

15000

14000

HRA

9210

8000

7500

7000

PF

2210

1920

1800

1680

Medical

1250

1200

1250

1200

LTA

800

800

1000

800

allowances

5000

4000

5500

3000

total

32470

30000

28250

26000

In the above table, the comparison given is of executives of all the listed companies and the
news express i.e. our company is giving the lowest salary because we are a start-up company
with limited resources and need to gain knowledge with a lot of experience to reach to the
level where the other 3 companies are standing presently in the market.

MANAGER SALARY COMPARISON

Initial Heads

TOI

Indian Express

DNA

News Express

Basic

50000

40000

45000

40000

HRA

25000

20000

22500

20000

PF

6000

4800

5400

4800

Medical

1250

1200

1250

1200

LTA

800

800

1000

800

allowances

15000

14000

18000

12000

total

84000

69200

80100

67200

The above table explains the comparison of salaries of all 3 companies with managerial
category in mind. In this table, the news express is paying the lowest salary because we are a
newly emerging company with less knowledge and market share. So to gain the higher
position in future time, it is very important to manage the per employee cost to the company.