Height of Demand

[ankur rathi]

Hi,
Just want to know height of demand. I listened to my friend that his friend was recruited by some company in banglore at 20 lakh PA, the company strength is around 25-30. Is this possible, he was having just 3 year experience at that time.

Thanks.
[ June 20, 2005: Message edited by: rathi ji ]

[Kj Reddy]

Hmmm. Even I came to know such news thru some of my friends. But I know some companies paying 10-12 Lakh PA for guys who are having 2 to 4 years exp.

[ab parashar]

I have heard of guys with 2+ years of experiance in automated testing recieving INR 10,00,000+ in bangalore....however I am quite sure that the major players like infy,wipro,TCS continue to pay peanuts....

[Manish Hatwalne]

Originally posted by KJ Reddy:
Hmmm. Even I came to know such news thru some of my friends. But I know some companies paying 10-12 Lakh PA for guys who are having 2 to 4 years exp.

Which companies are they? 10-12L/pa is ridiculously high for 2-4 years exp, even for IITians. Or are these pampered IIM students? In CTS recently an XLRI fresher joined for 6l/pa and got screwed up because the poor fellow knew nothing about most things abt software and processes and market and thought he deserved all that money for his so called *prestigious* qualification. Well, when companies do not have trust in their ability to assess people, such things are bound to happen...

rgds,
- Manish

[sangeeta kapoor]

It's really impossible to believe that such high amounts are being paid. It's not at all feasible. And even if they are, I don't think it can be sustained for long.
Can you tell us which companies are paying that much ?

[Kj Reddy]

Tavant is one of the compnay I heard that paying very high salaries. Intel also paying very high salaries.

[ab parashar]

what I know for sure(not based on things I have heard)....

1. Thoughtworks
2. Adobe
3. Microsoft
4. Macromedia

Nope...they are not IIT or IIM grads they are just normal techies from engineering schools with 2-4 years of good experiance.

[Arjunkumar Shastry]

Last year,Microsoft Hyderabad gifted cars to some of their employees. .
My friend at Intel with 4+ experience is earning 7L+/year.He does not do processor design but he is into software maintenance used by Intel internally.Adobe/Microsoft selection process is tougher than other shops.

Originally posted by ab parashar:

Nope...they are not IIT or IIM grads they are just normal techies from engineering schools with 2-4 years of good experiance.

When IIM started teaching programming/engg? I know some people who passed out of IIM and I would say they slog more than other people.Other than this I don't see much difference.
Currently because of increase in attrition rate,companies have started paying more to attract people and retain them.This might decrease once companies move to other cheaper locations in India/abroad.
[ June 21, 2005: Message edited by: Arjunkumar Shastry ]

[Suresh Thota]

Thoughtworks might be a good place to work. but its not a paymaster. I had an interview with them and they offered very less to me. But I should say, thoughtworks interview is one of the toughest one I ever faced.

In fact I got a couple of mails from consultants who are serving thoughtworks. I remember the text in bold saying "If you are looking for a higly paid job, please dont read further..."

-suresh

[Kunal Raheja]

I heard Intel and Google are paying very high salaries for Deserving candidates.

[Rahul Juneja]

Kunal,

They have to pay high for the real talent, they are the top shots in the world.

Cheers,
Rahul

[Manick Batcha]

Intel offered 5.8 L Google-7L and Yahoo-6.5 L this year to M.Tech freshers from my college.