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Top Indian Employers : Salary structure

Varun Khanna
Ranch Hand

Joined: May 30, 2002
Posts: 1400
Having seen many queries related to "fair salary", hope this mail can help for job hunters in India.At the same time, I have no idea about the authenticity of the data, though to me it looks realistic :
------****--------------------------------------------------------
This list doesn't have contain names like Microsoft India, Oracle India etc because they suffer high attrition rates.
Average monthly wages Average)
for IT professionals with 0-6 months experience 17k
for IT professional with 6-12 months experience 22k
for IT professional with 1-2 years experience 27k
for IT professional with 2-3 years experience 34k
for IT professional with 3-4 years experience 39k
for IT professional with 4-5 years experience 44k
for IT professional with 5-6 years experience 50k
for IT professional with 6+ years experience 53k+
Pay-Scale of Accenture India
for IT professionals with 0-6 months experience 24-27k
for IT professional with 6-12 months experience 28k
for IT professional with 1-2 years experience 34k
for IT professional with 2-3 years experience 40k
for IT professional with 3-4 years experience 45k
for IT professional with 4-5 years experience 48-50k
for IT professional with 5-6 years experience 55k
for IT professional with 6+ years experience 61k+
Pay-Scale of Cap Gemini Ernst Young
for IT professionals with 0-6 months experience 23k
for IT professional with 6-12 months experience 28k
for IT professional with 1-2 years experience 34k
for IT professional with 2-3 years experience 40k
for IT professional with 3-4 years experience 44k
for IT professional with 4-5 years experience 48k
for IT professional with 5-6 years experience 56k
for IT professional with 6+ years experience 61k+
Pay-Scale of Intel India
for IT professionals with 0-6 months experience 19k
for IT professional with 6-12 months experience 22k
for IT professional with 1-2 years experience 25k
for IT professional with 2-3 years experience 32k
for IT professional with 3-4 years experience 38k
for IT professional with 4-5 years experience 44k
for IT professional with 5-6 years experience 51k
for IT professional with 6+ years experience 55k+
Pay-Scale of IBM India
for IT professionals with 0-6 months experience 25k
for IT professional with 6-12 months experience 28k
for IT professional with 1-2 years experience 34k
for IT professional with 2-3 years experience 39k
for IT professional with 3-4 years experience 44k
for IT professional with 4-5 years experience 49k
for IT professional with 5-6 years experience 55k
for IT professional with 6+ years experience 58k+
Pay-Scale of I-Flex Solutions
for IT professionals with 0-6 months experience 19k
for IT professional with 6-12 months experience 21k
for IT professional with 1-2 years experience 24k
for IT professional with 2-3 years experience 30k
for IT professional with 3-4 years experience 36k
for IT professional with 4-5 years experience 44k
for IT professional with 5-6 years experience 48k
for IT professional with 6+ years experience 52k+
Pay-Scale of MindTree Consulting
for IT professionals with 0-6 months experience 22k
for IT professional with 6-12 months experience 28k
for IT professional with 1-2 years experience 33k
for IT professional with 2-3 years experience 38k
for IT professional with 3-4 years experience 44k
for IT professional with 4-5 years experience 49k
for IT professional with 5-6 years experience 53k
for IT professional with 6+ years experience 56k+
Pay-Scale of Wipro Technologies
for IT professionals with 0-6 months experience 17k
for IT professional with 6-12 months experience 18k
for IT professional with 1-2 years experience 23k
for IT professional with 2-3 years experience 28k
for IT professional with 3-4 years experience 32k
for IT professional with 4-5 years experience 39k
for IT professional with 5-6 years experience 45k
for IT professional with 6+ years experience 50k+

Pay-Scale of Infosys Technologies
for IT professionals with 0-6 months experience 15k (This time)
for IT professional with 6-12 months experience 15k
for IT professional with 1-2 years experience 17-18k
for IT professional with 2-3 years experience 21-23k
for IT professional with 3-4 years experience 25-27k
for IT professional with 4-5 years experience 38-42k
for IT professional with 5-6 years experience 47-52k
for IT professional with 6+ years experience 55k+
This data is genuine and has been taken from employee salary slips in their respective companies.


- Varun
Andres Gonzalez
Ranch Hand

Joined: Nov 27, 2001
Posts: 1561
Sorry but I can't understand your data:

Average monthly wages Average)
for IT professionals with 0-6 months experience 17k

US$ 17.000 monthly, with no experience?


I'm not going to be a Rock Star. I'm going to be a LEGEND! --Freddie Mercury
HS Thomas
Ranch Hand

Joined: May 15, 2002
Posts: 3404
I think he means Indian Rupees.
It's a very handsome sum.

17 k / 76.75 is approx equal to �221 a month.
I think a Junior developer gets a minimum of �500 in the UK. and can't buy much with it.
regards
[ September 26, 2003: Message edited by: HS Thomas ]
Richard Scothern
Ranch Hand

Joined: May 25, 2001
Posts: 83
Originally posted by HS Thomas:
[QB]
I think a Junior developer gets a minimum of �500 in the UK. and can't buy much with it.
QB]

I don't think there are any junior developers in the UK that get less than ~�1600 per month. Not with a degree anyway.
Richard
Ashok Mash
Ranch Hand

Joined: Oct 13, 2000
Posts: 1936
IMO, a person earning earning Rs 30,000 per month in India can afford the same comforts (relative - OR developing world's version of it) as that of a person earning about �3000 per month in London.


[ flickr ]
Pradeep bhatt
Ranch Hand

Joined: Feb 27, 2002
Posts: 8919

Varun
Are you a HR guy in some company?


Groovy
HS Thomas
Ranch Hand

Joined: May 15, 2002
Posts: 3404
I don't think there are any junior developers in the UK that get less than ~�1600 per month. Not with a degree anyway.

I meant �1,500 .
Didn't catch you napping, though, did it!
regards
Pradeep bhatt
Ranch Hand

Joined: Feb 27, 2002
Posts: 8919

The problem is I dont know 1 Pound = ?? Rs, only know US dollars.
Varun Khanna
Ranch Hand

Joined: May 30, 2002
Posts: 1400
Originally posted by Pradeep Bhat:
Varun
Are you a HR guy in some company?

No .. i got this mail frm a egroup.
Tony Collins
Ranch Hand

Joined: Jul 03, 2003
Posts: 435
I didn't realise the pay was so high in India. Don't want to step on any toes but it makes me think that their undercutting won't last long.
Software engineers must live like kings while others suffer. Has any wealth trickled down to the lepers and those that live on the roadside.
You may be as corrupt as the morally inept Americians you choose to criticise( as I do my self ).
Maybe everybody is greedy.
Tony
[ September 26, 2003: Message edited by: Tony Collins ]
Tina Desai
Ranch Hand

Joined: Mar 13, 2003
Posts: 365
Pradeep, 1 Pound is equal to around 70 Rupees
Tina


Alongwith being a good coder, try to be a good professional as well!
HS Thomas
Ranch Hand

Joined: May 15, 2002
Posts: 3404
76.75 Rupees , actually.As used in the calculation I posted earlier.
regards
Pradeep bhatt
Ranch Hand

Joined: Feb 27, 2002
Posts: 8919

UK is richer than US.
Pradeep bhatt
Ranch Hand

Joined: Feb 27, 2002
Posts: 8919

Software engineers must live like kings while others suffer.

Not all software engineers are so lucky.
Pradeep bhatt
Ranch Hand

Joined: Feb 27, 2002
Posts: 8919

Originally posted by Ashok Mash:
IMO, a person earning earning Rs 30,000 per month in India can afford the same comforts (relative - OR developing world's version of it) as that of a person earning about �3000 per month in London.


I dont agree!
Tony Collins
Ranch Hand

Joined: Jul 03, 2003
Posts: 435
Originally posted by Pradeep Bhat:
UK is richer than US.

Have you been to the UK ? Maybe just London ?
Many of Britians Nothern cities are recieving European Union Social Funds as they are amongst the poorset in Europe. Only the south has money and housing is so costly that even with say a �40,000 a year job you couldn't buy a studio flat. A new style of mortgage has appeared that ropes in parents, as house prices are so high.
Tony
[ September 27, 2003: Message edited by: Tony Collins ]
Pradeep bhatt
Ranch Hand

Joined: Feb 27, 2002
Posts: 8919

Tony,
I made the judgement because 1 pound =76 rs and 1 dollar = 45 rs.
I apologize if I am wrong.
Have you been to the UK ? Maybe just London ?

Not even London.
HS Thomas
Ranch Hand

Joined: May 15, 2002
Posts: 3404
If you consider money floating in the black-money market who knows where India stands. There are many more filthy rich Indians than there are filthy-rich Brits. Off-shoring may be one way of making that money useful globally by sucking it off greedy investors.
China and Chinese people in other countries have even more of that kind of money.
That's another rumour I heard.
regards
[ September 27, 2003: Message edited by: HS Thomas ]
Pradeep bhatt
Ranch Hand

Joined: Feb 27, 2002
Posts: 8919

Thomas,
You seem to know lots of rumor right from black money to webservice certifications.
Can you please write a "Rumor book" and do a book promotion here.
[ September 27, 2003: Message edited by: Pradeep Bhat ]
HS Thomas
Ranch Hand

Joined: May 15, 2002
Posts: 3404
Can you please write a "Rumor book" and do a book promotion here.

Now where's the fun in that ?
Winning books is where the fun is.
Writing books is where the bucks are and hard work.
The above "rumour" I got from a book by/about Peter Drucker or his thinking about the future of the world. I may not have interpreted it correctly.
P.S. I'll be writing a book up a mountain somewhere in about 10 years time.Depending on the content of the book it'll be either the Rockies, the Alps or the Himalayas. Don't hold your breath, though.
regards
[ September 27, 2003: Message edited by: HS Thomas ]
Tony Collins
Ranch Hand

Joined: Jul 03, 2003
Posts: 435
Oh don't be sorry.
To me the pay of an Indian software engineer to a the average Indian seems amazing. Has the pick up in the economy helped any of the Indian poor ? I was shocked by India and Nepal when I visited.
Tony
Ashok Mash
Ranch Hand

Joined: Oct 13, 2000
Posts: 1936
Originally posted by Tony Collins:
Oh don't be sorry.
To me the pay of an Indian software engineer to a the average Indian seems amazing. Has the pick up in the economy helped any of the Indian poor ? I was shocked by India and Nepal when I visited.
Tony

Whats outsiders always get wrong about India is its size. At 1 billion, a sixth of the humanity of the entire planet, the present FI in IT field is just a drop in the ocean.
Yes, the overall market situation is better, because of the boom in the IT industry, and more due to privatisation of other key areas (banking, insurance, media(?)) and lately, technology that works for masses (mobile phone, internet etc) is bringing down costs even further, helping everyone to get richer and afford better life styles.
The number of poor people in India is steadily coming down, but there's a lot to be desired in that area. We (Indians) hope that once technology and privatisation brings better literacy levels, public awareness etc, it would reduce corruption, which actually is the real problem in India.
HS Thomas
Ranch Hand

Joined: May 15, 2002
Posts: 3404
The money market will be coming out of the equivalent of the Kleinworts and Grenfells of the triads etc. Well that's how banking started in the west, anyway.
Either that or a battle of international "banksters" looms.
Pradeep, I can feel a book coming on.
regards
[ September 28, 2003: Message edited by: HS Thomas ]
Pradeep bhatt
Ranch Hand

Joined: Feb 27, 2002
Posts: 8919

Pradeep, I can feel a book coming on.

Praveen Zala
Ranch Hand

Joined: Jul 02, 2000
Posts: 118
Chaps ... I got a email fwd of the salaries listed here ... seems to be hitting the "forward" wave everywhere for prospective employees taking up interviews - but tellya what - This seems to show how better the job scene is now - almost like the good ol' days !! :-)
Regards,
Praveen
 
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subject: Top Indian Employers : Salary structure