IIM Salary after 15 Years: Campus-wise Package & Job Roles

The highest IIM salary after 15 years is around INR 1 CPA or more for every campus and the average salary for IIM graduates after 15 years is over INR 50 LPA. It must be noted that after 15 years of service, the salary of an individual depends more on their job role and level of experience, and their education starts to matter significantly less. If you have worked in a particular industry consistently for around 15 years after graduation, your salary is expected to be quite lucrative since you will be eligible for top managerial roles. You should also know that these figures can change significantly by the time you reach this stage in your career, since a lot of things regarding the education sector and job market can change in 15 years.

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IIM Salary after 15 Years (Campus-wise)

Every IIM offers lucrative employment opportunities to its most deserving graduates during placements. However, the salary of a professional after 15 years depends entirely upon their own career choices and how they have shaped their professional life in this time period. Check the highest and average salary recorded for graduates from every IIM campus after 15 years:

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IIM Salary After 15 Years (Job Role-wise)

The top job roles available to professionals after 15 years are top-level management roles. These job profiles are known for their extravagant salary packages, which include numerous benefits and perks in addition to the hefty salary. Check the IIM salary after 15 years for different job roles below:

Factors Affecting IIM Salary after 15 Years

As mentioned earlier, the IIM salary after 15 years varies significantly among different job roles and depends more on an individual's career than their education. Check the major factors that affect a professional's salary after 15 years mentioned below:

• Career Progression: An individual's career trajectory and how much they have progressed in 15 years is the primary factor that determines their salary. After 15 years of experience, you are offered positions like the Director, VP, or CEO where the salary package level is significantly higher than that of a mid-level or even a high-level executive. Such professionals are not only offered larger compensation packages but also other benefits like bonuses, stocks, and other incentives.
• Industry and Sector: The salary after 15 years for an individual also depends on the industry they belong to. If you are a professional who has worked in the same industry for around 15 years, you are a valuable professional for that industry and your compensation is expected to be quite high. For example, professionals in consulting, finance, and information technology industries, who have spent more than a decade understanding the industry, are some of the only professionals who are offered stock options.
• Location: After 15 years of service, some professionals are promoted to off-shore locations or they choose to relocate based on better opportunities. Since professionals with significant work experience are desired in the job market and locations like the United States, United Kingdom, Canada, Germany, France, etc. typically lead to better paying job roles, individuals tend to relocate accordingly.
• Experience and Skills: During a career spanning around 15 years, it is expected that an individual will have built an impressive skillset that can be used to enhance and expand an organization's operations. Depending on how valuable a professional's skillset and experience is, they are paid accordingly.
• Economic Factors: Since professionals with 15 years of experience are eligible for higher salary packages, their remuneration has to reflect the economy as well. If you are working in a country where the job market and other economic sectors are booming, you can expect a hefty salary package, but if you are working in a state of recession, your salary package may not be as lucrative.
• Company Growth: The second-most important factor that affects an individual's salary after 15 years is the company in which they are working. Since professionals with a lot of work experience tend to occupy top-level management roles, their salary is directly related to the type of organization they belong to. If you are working for a well-established organization or a multinational, you can expect a very high salary package, but if you are working for a startup or a mid-level organization, your compensation will also reflect the same.
• Bonuses and Incentives: Apart from the actual compensation, the salary package of a professional after 15 years includes different types of incentives and bonuses.
  • Performance Bonuses: Senior level professionals often earn a significant portion of their compensation through performance-linked bonuses related to overall company performance.
  • Long-Term Incentives: Stock options, profit-sharing agreements, and equity participation can greatly enhance the total incomes of top-level managers/executives.

Taking a look at the IIM Salary after 15 years should boost your ambition and help you work harder towards achieving your career goals. You must also know that such lucrative salary packages and benefits after 15 years are not limited to IIM graduates only. We hope this article was informative to you. Check the links below to learn more!

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