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Salary standards

Srikanth Basa
Ranch Hand

Joined: Jun 06, 2005
Posts: 241
People interested in salary discussions will find this article interesting.
http://www.rediff.com/money/2007/oct/18bs5.htm
Joe Harry
Ranch Hand

Joined: Sep 26, 2006
Posts: 9345
    
    2

Unbelievable


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Did a rm -R / to find out that I lost my entire Linux installation!
Joe Ess
Bartender

Joined: Oct 29, 2001
Posts: 8836
    
    7

Believable:
It's the low-wage structure, ironically, that has been one of the main attractions to outsource work to Indian IT companies, thereby acting as a catalyst for the robust growth in the $40 billion Indian IT industry.


I have heard rumblings that as salaries in India grow, it's becoming less attractive and the industry is already looking elsewhere (China) for the next big outsourcing market. Be careful what you wish for!


"blabbing like a narcissistic fool with a superiority complex" ~ N.A.
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David O'Meara
Rancher

Joined: Mar 06, 2001
Posts: 13459

Sounds like a Job Discussion, but too much meaning for this forum
Stan James
(instanceof Sidekick)
Ranch Hand

Joined: Jan 29, 2003
Posts: 8791
I have also heard that India is pricing itself out of the cheap outsourcing business. My company is starting to work with vendors in other countries on a very limited basis just to test the waters. I wish fairness for everyone, and not just because it will make my job safer.


A good question is never answered. It is not a bolt to be tightened into place but a seed to be planted and to bear more seed toward the hope of greening the landscape of the idea. John Ciardi
Pat Farrell
Rancher

Joined: Aug 11, 2007
Posts: 4646
    
    5

I've worked with a couple of companies that outsourced to Bangalore, but the last two that I worked with outsourced to Egypt and Ukraine. I don't know the reasons, but clearly there is competition.
Nandu Jawale
Greenhorn

Joined: Feb 04, 2002
Posts: 22
This type of one-to-one comparison is baseless. The economy of perticular country should also be taken into account while comparing.

Indian IT managers get an average salary of $25,000 a year.


Which I feel is ok salary (allthough not good and that is why it is an average). It comes around 988,125 INR/yr. (source)

This difference in economies is the major driver for outsourcing.
[ October 18, 2007: Message edited by: Nandu Jawale ]
Sri Anand
Ranch Hand

Joined: Mar 06, 2005
Posts: 392
As people lose jobs they will be willing to work for lesser salary else if economy becomes very strong it will generate jobs

Salary increase-> Market Moves out--> Unemployment ---> will get people for less salaries/people will engage in other business
 
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