Average Contracts Executive Salary in Chennai, India for 2026

In this article, we will look at the average Contracts Executive salary for 2026 in Chennai and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Indian rupee. To keep things simple, we are using the INR currency code instead of the currency symbol ₹.

How Much Does a Contracts Executive Make in Chennai?

A Contracts Executive working in Chennai will typically earn around 492,700 INR per year, and this can range from the lowest average salary of about 227,600 INR to the highest average salary of 785,400 INR.

Average Annual Salary492,700 INR
Average Monthly Salary41,058 INR
Average Lowest Salary227,600 INR
Lowest Monthly Salary18,966 INR
Average Highest Salary785,400 INR
Highest Monthly Salary65,450 INR

These are average salaries for a Contracts Executive in Chennai and include benefits such as housing and transport. It's also possible for a Contracts Executive to earn more or less than the average salaries shown above.

Contracts Executive salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Contracts Executive Salaries in Chennai

So we've looked at the average salaries a Contracts Executive will earn in Chennai. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Contracts Executive can earn between 227,600 INR and 785,400 INR on average in Chennai. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Contracts Executive in Chennai is 533,000 INR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 533,000 INR, and 50% of the population earn more than 533,000 INR.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Contracts Executive salary in Chennai, 25% of the population are earning less than 341,900 INR while 75% of the population earn more than 341,900 INR.

75% of the population earn less than 714,600 INR, and 25% of the population earn more than 714,600 INR.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Contracts Executive Salary by Experience Level in Chennai

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average Contracts Executive salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Contracts Executive in Chennai that has less than two years of experience can expect to earn somewhere in the region of 257,700 INR.
  • 2 - 5 Years Experience. With two to five years of experience the average Contracts Executive salary would increase to 345,100 INR.
  • 5 - 10 Years Experience. From five to ten years of experience as a Contracts Executive, the average salary would be 510,300 INR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 619,800 INR.
  • 15 - 20 Years Experience. A Contracts Executive with 15 to 20 years of experience can earn an average of 677,100 INR.
  • 20+ Years Experience. For a Contracts Executive with more than 20 years, the expected average salary increases to 733,300 INR.

Average Salary by Experience Chart

0-2 Years-
257,700 INR
2-5 Years+34%
345,100 INR
5-10 Years+48%
510,300 INR
10-15 Years+22%
619,800 INR
15-20 Years+9%
677,100 INR
20+ Years+8%
733,300 INR

Contracts Executive Salary by Education Level in Chennai

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Contracts Executive in Chennai based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Contracts Executive in Chennai with a high school education can earn an average salary of 315,900 INR.
  • Certificate or Diploma. A Contracts Executive in Chennai with a certificate or diploma education can earn an average salary of 372,600 INR.
  • Bachelor's Degree. A Contracts Executive in Chennai with a bachelor's degree education can earn an average salary of 538,600 INR.
  • Master's Degree. A Contracts Executive in Chennai with a master's degree education can earn an average salary of 707,700 INR.

Average Salary by Education Chart

High School-
315,900 INR
Certificate or Diploma+18%
372,600 INR
Bachelor's Degree+45%
538,600 INR
Master's Degree+31%
707,700 INR

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in India is around 160,000 to 479,000 INR and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Contracts Executive Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Chennai, a male contracts executive will earn an average of 499,300 INR, while a female contracts executive will earn around 413,900 INR.

This means that a male contracts executive earns approximately 21% more than a female contracts executive for performing the same job.

Average Salary by Gender Chart in Chennai

Male-
499,300 INR
Female-21%
413,900 INR

Contracts Executive Average Pay Raise in Chennai

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Contracts Executive in Chennai is around 14% every 15 months.

The national average pay raise across all professions and industries in India is around 9% every 16 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 14 ÷ 15 ) × 12  = 11%

What this means is that a Contracts Executive in Chennai can expect to receive an average pay raise of around 11% every 12 months.

Annual Pay Raise by Industry in Chennai for 2026

In the chart below, you can see the average annual pay raise percentages for each of the major industries in India.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking-
1%
Energy-
2%
Information Technology-
3%
Healthcare-
4%
Travel-
5%
Construction-
6%
Education-
7%

Contracts Executive Bonus and Incentive Rates in Chennai

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Contracts Executive is a moderate bonus based job, with 60% of employees reporting at least one bonus in the last 12 months.

40% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 2% to 7%.

Received Bonus-
60%
No Bonus-
40%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in India earn approximately 6% more than private sector employees in the same role.

Public Sector-
392,300 INR
Private Sector-6%
371,100 INR

Salaries for Jobs Similar to a Contracts Executive

In the table below, we have salary information for jobs that are similar to a Contracts Executive in Chennai.

Job TitleCategorySalary
Assistant Business Development ManagerBusiness Planning507,300 INR
Assistant Merchandise PlannerBusiness Planning296,000 INR
Business AdvisorBusiness Planning478,000 INR
Business AnalystBusiness Planning472,000 INR
Business ConsultantBusiness Planning460,500 INR
Business Continuity AssociateBusiness Planning283,700 INR
Business DeveloperBusiness Planning301,600 INR
Business Development AnalystBusiness Planning341,400 INR
Business Development AssociateBusiness Planning245,300 INR
Business Development CoordinatorBusiness Planning263,100 INR
Business Development DirectorBusiness Planning664,500 INR
Business Development EngineerBusiness Planning369,300 INR
Business Development ExecutiveBusiness Planning485,300 INR
Business Development ManagerBusiness Planning597,800 INR
Business Development SpecialistBusiness Planning447,300 INR
Business ManagerBusiness Planning545,300 INR
Business Operations SpecialistBusiness Planning447,300 INR
Business Process WriterBusiness Planning267,100 INR
Business Systems AnalystBusiness Planning472,000 INR
Capacity PlannerBusiness Planning330,900 INR
Capacity Planning SupervisorBusiness Planning440,200 INR
Change Communications AnalystBusiness Planning430,500 INR
Change Control AnalystBusiness Planning440,200 INR
Change Impact AnalystBusiness Planning447,300 INR
Corporate Strategy AnalystBusiness Planning475,700 INR
Cost Control EngineerBusiness Planning301,600 INR
Cost ControllerBusiness Planning341,400 INR
Cost EstimatorBusiness Planning309,800 INR
Data ExecutiveBusiness Planning245,300 INR
Data ManagerBusiness Planning369,300 INR
Data Processing ManagerBusiness Planning420,800 INR
Development ResearcherBusiness Planning357,300 INR
Director of Business DevelopmentBusiness Planning664,500 INR
Director of Production PlanningBusiness Planning568,500 INR
Due Diligence AnalystBusiness Planning498,000 INR
Estimating ManagerBusiness Planning510,000 INR
General ManagerBusiness Planning568,500 INR
Incident HandlerBusiness Planning325,600 INR
Incident SpecialistBusiness Planning397,900 INR
Lean ConsultantBusiness Planning353,600 INR
ManagerBusiness Planning628,000 INR
Marketing and Business Development ManagerBusiness Planning568,500 INR
Materials PlannerBusiness Planning204,000 INR
Merchandise AssistantBusiness Planning197,600 INR
Merchandise ControllerBusiness Planning197,600 INR
Merchandise PlannerBusiness Planning204,000 INR
Operations AnalystBusiness Planning428,400 INR
Operations ManagerBusiness Planning491,000 INR
Operations Research AnalystBusiness Planning283,700 INR
Planning DirectorBusiness Planning615,000 INR
Planning and Reporting ManagerBusiness Planning514,300 INR
Project AdministratorBusiness Planning301,600 INR
Project ManagerBusiness Planning485,300 INR
Project PlannerBusiness Planning296,000 INR
Research AssistantBusiness Planning258,400 INR
Research EngineerBusiness Planning296,000 INR
Research OfficerBusiness Planning233,600 INR
Risk Management SpecialistBusiness Planning447,300 INR
Scholarship CoordinatorBusiness Planning233,600 INR
Store PlannerBusiness Planning227,600 INR
Strategy DirectorBusiness Planning641,900 INR
Top Research and Development ExecutiveBusiness Planning689,900 INR

Salary Comparison by City

If you want to compare salaries with different cities in India, you can use the links below to explore the data for each specific city we have researched.

CityAverage Salary
Ahmadabad524,700 INR
Bangalore525,700 INR
Bhopal466,300 INR
Coimbatore453,200 INR
Delhi539,700 INR
Ghaziabad442,300 INR
Hyderabad504,500 INR
Indore454,300 INR
Jaipur462,300 INR
Kanpur476,600 INR
Kolkata514,800 INR
Lucknow498,000 INR
Ludhiana430,500 INR
Madurai437,300 INR
Mumbai513,300 INR
Nagpur487,600 INR
Patna451,000 INR
Pimpri-Chinchwad440,200 INR
Pune491,000 INR
Surat478,100 INR
Vadodara425,100 INR
Visakhapatnam472,000 INR
agra411,400 INR

Salary Comparison by State

The table below includes links to the average salary for each state in India.

StateAverage Salary
Andaman & Nicobar Islands399,900 INR
Andhra Pradesh533,000 INR
Arunachal Pradesh421,400 INR
Assam498,500 INR
Bihar571,300 INR
Chandigarh399,900 INR
Chhatisgarh487,600 INR
Dadra & Nagar Haveli419,400 INR
Daman & Diu383,300 INR
Delhi472,100 INR
Goa442,300 INR
Gujarat501,400 INR
Haryana478,100 INR
Himachal Pradesh472,100 INR
Jammu & Kashmir450,300 INR
Jharkhand504,400 INR
Karnataka539,700 INR
Kerala483,400 INR
Lakshadweep389,200 INR
Madhya Pradesh555,800 INR
Maharashtra528,500 INR
Manipur447,300 INR
Meghalaya454,900 INR
Mizoram403,100 INR
Nagaland433,800 INR
Orissa524,700 INR
Pondicherry407,100 INR
Punjab489,600 INR
Rajasthan548,500 INR
Sikkim392,300 INR
Tamil Nadu524,300 INR
Tripura466,300 INR
Uttar Pradesh553,400 INR
Uttaranchal442,300 INR
West Bengal559,000 INR

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