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Headstrong

Rohit Singh
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Joined: Jan 07, 2004
Posts: 38
How much one with 8+ exp can expect?
ab parashar
Ranch Hand

Joined: Mar 28, 2005
Posts: 130
Originally posted by R Singh:
How much one with 8+ exp can expect?


8-10 L p.a
nithin nambiar
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Joined: Aug 11, 2005
Posts: 31
i think they will pay more than that.
are you recruited by headstrong directly or by techspan ?
Rohit Singh
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Joined: Jan 07, 2004
Posts: 38
Its Techspan,B'lore. I had read somewhere on this forum that they recruit only from premier institute and they offer one of the best in industry. I am expecting close to 2x(where x is no of years of exp). Am I expecting more?
Which are the other companies which can offer 2x+ salary?


Karthik Guru
Ranch Hand

Joined: Mar 06, 2001
Posts: 1209
Originally posted by Rohit Singh:
I am expecting close to 2x(where x is no of years of exp). Am I expecting more? Which are the other companies which can offer 2x+ salary?


8L for freshers (real good ones I mean) seems to be the norm in google. and I have heard something like 12L for someone! I think you s'd try amazon, google, and may be MS too. I guess techspan *used* to recruit people from premier institutes *only* and make very good offers. They were small then. Now they have grown bigger and have proper HR policies .
Manish Hatwalne
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Joined: Sep 22, 2001
Posts: 2579

8L for freshers??? :roll: :roll: :roll:

- Manish
Rohit Singh
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Joined: Jan 07, 2004
Posts: 38
Fresheres do get between 8L to 12L in google but you can understand what kind of people can make it

Is anybody from techspan can answer my query?
Rohit Singh
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Joined: Jan 07, 2004
Posts: 38
Kartik, were you ever worked in London?
Kj Reddy
Ranch Hand

Joined: Sep 20, 2003
Posts: 1704
Originally posted by Rohit Singh:
Its Techspan,B'lore. I had read somewhere on this forum that they recruit only from premier institute and they offer one of the best in industry. I am expecting close to 2x(where x is no of years of exp). Am I expecting more?
Which are the other companies which can offer 2x+ salary?




Its not true that Techspan recruits only from premier institute. Their technical interview process really evaluates your technical skills and HR interview proecess evaluates your attitude and other things. One of my friend's friend who is just BCom and working with Techspan. But that guy is technically very strong.

Techspan can give you 2x salary.
Rohit Singh
Ranch Hand

Joined: Jan 07, 2004
Posts: 38
Techspan starts interview process only if HR prosonnel forwards the resume. If candidate is not from premier institute then its unlikely that HR would forward resume for technical round. HR can't dream of candidate being technically good.

KJ reddy, Do you work in Techspan? Whats your basis when you said techspan can offer 2x?
Karthik Guru
Ranch Hand

Joined: Mar 06, 2001
Posts: 1209
Originally posted by Rohit Singh:
Kartik, were you ever worked in London?


Oh no. btw, i got thro' TS a few months back. But they didnt agree for 2X but promised onsite opportunities that could take care of the compensation to quite an extent. Ofcourse, just because they didnt offer me 2X doesnt mean that they dont
Kj Reddy
Ranch Hand

Joined: Sep 20, 2003
Posts: 1704
Originally posted by Rohit Singh:
Techspan starts interview process only if HR prosonnel forwards the resume. If candidate is not from premier institute then its unlikely that HR would forward resume for technical round. HR can't dream of candidate being technically good.

KJ reddy, Do you work in Techspan? Whats your basis when you said techspan can offer 2x?


Rohit,
I assume from your statement "HR can't dream of candidate being technically good" that you are thinking I am giving wrong info. I won't give info if I am not sure or I will say that I am not sure followed by my statement.

I went thru their interview process and cleared. I am not from premier institute. And I know a guy who is having BCom and working for Techspan. Their interview process is typically:
1. HR personal round
2. 2 to 3 Technical round.
3. Again HR interview where they will analyse you. This interview is as important as technical interview.

I can give you info which I know, but if you are looking for proofs for my statements I may not able to provide you.
[ November 24, 2005: Message edited by: KJ Reddy ]
Manish Hatwalne
Ranch Hand

Joined: Sep 22, 2001
Posts: 2579

Do understand that there are no hard and fast rules for lateral entry, sometimes if HR is convinced that a person is good, he may get a chance. Again, as for salary it depends on various factors such as current CTC, the designation, peer salaries for same designation and requirement at that time. Applying simple 2x formula won't work. What position they are offering you? I would say a ballpark salary for 8 years would be in ange of 12 LPA to 15 LPA.

But if fresher's salary is above 6 LPA in this company, 16 LPA for 8 years shouldn't be a problem.

Where is it going??? so someone might think he desrves 20 LPA + for 10 years exp!!! I think greed would lead to another slump in Indian s/w industry....it's next to impossible to sustain ever increasing salary demands of s/w professionals.

- Manish
Kj Reddy
Ranch Hand

Joined: Sep 20, 2003
Posts: 1704
I completely agree with Manish. For freshers they might have rule to take only from premier institutes but not for experienced people. This might be true with many other companies. Regarding salary also always 2x no of year experience may not work.
Karthik Guru
Ranch Hand

Joined: Mar 06, 2001
Posts: 1209
Originally posted by Manish Hatwalne:

Where is it going??? so someone might think he desrves 20 LPA + for 10 years exp!!!
- Manish


Now I'm sure that you are not from Bangalore
Devesh H Rao
Ranch Hand

Joined: Feb 09, 2002
Posts: 687

Originally posted by Manish Hatwalne:

Where is it going??? so someone might think he desrves 20 LPA + for 10 years exp!!! I think greed would lead to another slump in Indian s/w industry....it's next to impossible to sustain ever increasing salary demands of s/w professionals.

- Manish



It's good in a way, as very soon companies will need to think about quality at the price they are paying which will eventually lead to some heavy duty pruning.
ab parashar
Ranch Hand

Joined: Mar 28, 2005
Posts: 130
I worked for Techspan noida for quite a while....lots of people with a simple BA/Bcom.....didnt meet anyone from IIT there...so no issues with that...I heard that the Bangalore office only hires IIT+IIM...not sure what happens nowadays....

as far as the thing of "onsite" ....if you get an offer letter saying that you "will" be in the US/whereever and will be paid this much $$ ...do not take it for granted....otherwise when you land up there you will quite a few people like you....it might take you 3 days/3 weeks/3 years to go "onsite"...and isnt that the same situation in all companies???

now you should have mentioned in your intial post whats your location noida/b'lore/manila/sunnyvale
Manish Hatwalne
Ranch Hand

Joined: Sep 22, 2001
Posts: 2579

Originally posted by Karthik Guru:


Now I'm sure that you are not from Bangalore


Right! I am a poor Pune guy where 2x is exceptional and anything above factor 1.5 is considred as very good. Things are changing fast though.....

Jokes part, but do you realize what sort of lifestyle you are propelled into once you are among 15 LPA and all? How loss of job could lead to serious mental trauma and how will you cope up? I remember how one of my managers was miserable when he lost his job in 2001 slowdown and his wife was carrying. Ascent & City run on petrol and your EMIs won't stop!!!

Couple of years ago I read Azim Premji got only 18 LPA. Now I laugh at that!!!

For 20 LPA I can hire 10 guys with around 1 year experience and can give me excellent results if I know how to manage them well. Talent is not exclusive priviledge of premier institutes; it is in abundance if you know how find it and test it.

Trust your ability to assess caliber...qualifications & premier institutes may not gurantee productivity and performance. Happens in many companies when they hire top candidates from top colleges and they quit in a year or less to join MS or MBA in USA. Training and introducing system to a new person *is* expensive. Hope this stabilizes somewhere, otherwise it won't be long before bubble bursts.

- Manish
Rohit Singh
Ranch Hand

Joined: Jan 07, 2004
Posts: 38
Originally posted by KJ Reddy:


Rohit,
I assume from your statement "HR can't dream of candidate being technically good" that you are thinking I am giving wrong info. I won't give info if I am not sure or I will say that I am not sure followed by my statement.

I went thru their interview process and cleared. I am not from premier institute. And I know a guy who is having BCom and working for Techspan. Their interview process is typically:
1. HR personal round
2. 2 to 3 Technical round.
3. Again HR interview where they will analyse you. This interview is as important as technical interview.

I can give you info which I know, but if you are looking for proofs for my statements I may not able to provide you.


I wasn't sceptical abt your info. I was making my point that unless candidate go thru technical round (which happens only after HR resume filteration), its difficult to know if candidate is technically sound.

As you said, you yourself gone thru all this in techspan, Can you share if you have any reservation abt techspan B'lore?
[ November 24, 2005: Message edited by: Rohit Singh ]
Rohit Singh
Ranch Hand

Joined: Jan 07, 2004
Posts: 38
Originally posted by nithin nambiar:
i think they will pay more than that.
are you recruited by headstrong directly or by techspan ?


What made you think that Headstrong (B'lore) can pay more?
Karthik Guru
Ranch Hand

Joined: Mar 06, 2001
Posts: 1209
Originally posted by Rohit Singh:


As you said, you yourself gone thru all this in techspan, Can you share if you have any reservation abt techspan B'lore?

[ November 24, 2005: Message edited by: Rohit Singh ]


Personally, none at all!. I absolutely enjoyed the interview. Just that someone else was ready to pay me significantly more than they did.
Karthik Guru
Ranch Hand

Joined: Mar 06, 2001
Posts: 1209
Originally posted by Rohit Singh:


What made you think that Headstrong (B'lore) can pay more?


Rohit, rest assured they will definitely pay you more than 10L for 8+ year of experience - if that is what you are concerned about. I dont think anybody can give you an exact figure at this level of exp. But it will be definitely more than 10L.
Rohit Singh
Ranch Hand

Joined: Jan 07, 2004
Posts: 38
Originally posted by Karthik Guru:


Rohit, rest assured they will definitely pay you more than 10L for 8+ year of experience - if that is what you are concerned about. I dont think anybody can give you an exact figure at this level of exp. But it will be definitely more than 10L.


What if someone is alread yearning more than 10L for more than 1 1/2 years.
Kj Reddy
Ranch Hand

Joined: Sep 20, 2003
Posts: 1704
Originally posted by Rohit Singh:
As you said, you yourself gone thru all this in techspan, Can you share if you have any reservation abt techspan B'lore?


I went thru the interview process with Techspan, Noida. And I am not willing to move to Noida.
[ November 24, 2005: Message edited by: KJ Reddy ]
Rohit Singh
Ranch Hand

Joined: Jan 07, 2004
Posts: 38
From all you guys, I have gathered that TS noida Office do entertain candidate from other than IIT/REC but not B'lore office. Is this true? If yes, is there's a diff in salary as well?
Karthik Guru
Ranch Hand

Joined: Mar 06, 2001
Posts: 1209
Originally posted by Rohit Singh:


What if someone is alread yearning more than 10L for more than 1 1/2 years.


" yearning for more than 10L for more than 1 1/2 years "..sounds funny.

Anyways just kidding. Either way, they will ask for your current sal and given that they have to pay you more than that, and from what i gather about TS , i think they can pay you well. Rest is up to you to negotiate.
Rohit Singh
Ranch Hand

Joined: Jan 07, 2004
Posts: 38
Originally posted by Karthik Guru:


from what i gather about TS , i think they can pay you well. Rest is up to you to negotiate.


Can TS pay out of their skin if 2x is out of their band for 8+ exp?
Rohit Singh
Ranch Hand

Joined: Jan 07, 2004
Posts: 38
Would like to thank KJ Reddy, Parashar and Karthik for their prompt and relevant opinion.

Thanks
Rohit
Kj Reddy
Ranch Hand

Joined: Sep 20, 2003
Posts: 1704
Originally posted by Rohit Singh:
From all you guys, I have gathered that TS noida Office do entertain candidate from other than IIT/REC but not B'lore office. Is this true? If yes, is there's a diff in salary as well?


I think that is not true.
Rohit Singh
Ranch Hand

Joined: Jan 07, 2004
Posts: 38
Originally posted by KJ Reddy:


I think that is not true.


KJ Reddy,

I do want to believe what you are saying. TS do look for best people in industry (I mean IIT/REC -this isn't neccessarily true!) but do not pay the best.
but One things goes against in our believe

If you visit their website www.headstrong.com, they do mention IIT/REC for qualification for IT related openings.
Manish Hatwalne
Ranch Hand

Joined: Sep 22, 2001
Posts: 2579

Originally posted by Rohit Singh:


What if someone is alread yearning more than 10L for more than 1 1/2 years.


Then he should choose "jumpingjoy" insated of "banghead" !!!
Anyway, just kidding...I hope you get what you want!

And pardon me for my irrelevant and useless ramblings....but sometimes it helps to have bird's eye view and see how priviledged we are! AW, Forget it!!!

- Manish
[ November 24, 2005: Message edited by: Manish Hatwalne ]
ab parashar
Ranch Hand

Joined: Mar 28, 2005
Posts: 130
Originally posted by Rohit Singh:


KJ Reddy,

I do want to believe what you are saying. TS do look for best people in industry (I mean IIT/REC -this isn't neccessarily true!) but do not pay the best.
but One things goes against in our believe

If you visit their website www.headstrong.com, they do mention IIT/REC for qualification for IT related openings.



FYI...
The Bangalore office of TS was not a part of original TS.TS was only based in noida and it acquired a company in bangalore consisting of some 50-60 IIT/IIM guys in the Investment banking domain.

Now the culture of that company was vastly different from the noida office and they never moved anyone even within the company.The B'lore office had a very strict hiring process.The kind of projects they executed was also totally different.

Not sure , if they are still quite strict about which college you went to but if they still are, then I will not be surprised.
Karthik Guru
Ranch Hand

Joined: Mar 06, 2001
Posts: 1209
I think we are getting too sucked in to the TS thing
Rohit, I think you should apply there first, rest will fall into place automatically. Good luck!
Rohit Singh
Ranch Hand

Joined: Jan 07, 2004
Posts: 38
Originally posted by Karthik Guru:
I think we are getting too sucked in to the TS thing
Rohit, I think you should apply there first, rest will fall into place automatically. Good luck!


I have an offer from them but not that close to my expectation
Sheikh Irshad Ahmad
Greenhorn

Joined: Feb 16, 2006
Posts: 1
Guys,

I have am a 2003 passout from REC and got 2 years and 4 months of experience. I got an offer from Techspan Noida paying 6.34 and designation as Senior Associate. Should I join?
Sameer Jamal
Ranch Hand

Joined: Feb 16, 2001
Posts: 1870
Originally posted by Sheikh Irshad Ahmad:
Guys,

I have am a 2003 passout from REC and got 2 years and 4 months of experience. I got an offer from Techspan Noida paying 6.34 and designation as Senior Associate. Should I join?


Is there any reason why you dont want to join techspan ?.
Kj Reddy
Ranch Hand

Joined: Sep 20, 2003
Posts: 1704
Originally posted by Sheikh Irshad Ahmad:
Guys,

I have am a 2003 passout from REC and got 2 years and 4 months of experience. I got an offer from Techspan Noida paying 6.34 and designation as Senior Associate. Should I join?


As long as you do not have any strong reason to join, you should join.
Raghu Rajamarian
Greenhorn

Joined: Feb 01, 2006
Posts: 27
I am sure if Manish is incharge of recruiting people he will be paying peanuts to everyone working under him (but he will be pocketing lions share )in the hope of making outsourcing sustain..
[ February 16, 2006: Message edited by: Raghu Rajamarian ]
Sameer Jamal
Ranch Hand

Joined: Feb 16, 2001
Posts: 1870
Originally posted by Raghu Rajamarian:
I am sure if Manish is incharge of recruiting people he will be paying peanuts to everyone working under him (but he will be pocketing lions share )in the hope of making outsourcing sustain..

[ February 16, 2006: Message edited by: Raghu Rajamarian ]


Please refrain your self from posting personal comments. I am just wondering how you can come to this assumption.

Kj Reddy
Ranch Hand

Joined: Sep 20, 2003
Posts: 1704
Originally posted by Sameer Jamal:


Please refrain your self from posting personal comments. I am just wondering how you can come to this assumption.



I feel same.
 
I agree. Here's the link: http://aspose.com/file-tools
 
subject: Headstrong