Salary survey 2008

[manziee_crusier]

We have seen many salary survey reports but I think first hand info is very important.
So felt like doing a salary survey for various employees.It may be helpful for you to bargain in the next career change and also to find where you stand.

These are some info I know

IT Product companies:

exp.............salary
============
0-1 years 3.5-4 lpa
0-1 years 6-10 lpa (IIT campus)
4-5 years 8.5-12 lpa
7-8 years 14-19 lpa

This is as per my knowledge.But I know 4 year exp guys getting 14 lpa also.So feel free to correct and add more info from your stream.

[shuvc]

Salaries vary in different cities too. I believe they are somewhat higher in Bangalore than say in Kolkata. IMO, out here product companies (not tier 1) would pay around 1.25 to 1.5 times years of experience.

The product companies offering 8-10L from campus are bluechip orgs and they may not represent general market salaries for most people.

[manziee_crusier]

Yes true,What I have quoted is Bangalore salaries which is on higher side.Campus I was mentioning about product based MNC's

[snaronikar]

Hey, what about non-IT companies. Do you think we do not work and get salaries? Your survey is biased. Why preference only IT companies?

[whatcanthisbe]

LOCATION LOCATION LOCATION is a big factor into these csalaries and in it what vertical you at
i know people in ncr with 4 yrs of exp getting close to 9 L and i know people in IT in NCR with 7 yrs of exp getting the same sal
given the market today there is no set market rate ,,, it is all about what vertical you are in, how well you can sell your self and how good a negotiator you are

[gkrishn]

Originally Posted by snaronikar

Why preference only IT companies?

Cant you read this

and add more info from your stream.

and this...

These are some info I know

[pankaj_sachdeva]

Any Info on Pharma/ Clinical Domain. Might be helpful to me (wil be looing for a change in next 2 months)

[snaronikar]

Originally Posted by gkrishn

Cant you read thisand this...

OK. I stand corrrected.

[diabloo]

To all: Any pointers as to how to get more salary for the current job?
I know a few who have a noose around the manager's neck and tighten it, so that they squeeze every ounce. Is it the only way?
Moral: Squealing wheel gets the grease.

Originally Posted by whatcanthisbe

i know people in ncr with 4 yrs of exp getting close to 9 L and i know people in IT in NCR with 7 yrs of exp getting the same sal

[hrishig]

Originally Posted by manziee_crusier

We have seen many salary survey reports but I think first hand info is very important.
So felt like doing a salary survey for various employees.It may be helpful for you to bargain in the next career change and also to find where you stand.

These are some info I know

IT Product companies:

exp.............salary
============

7-8 years 14-19 lpa

This is as per my knowledge.But I know 4 year exp guys getting 14 lpa also.So feel free to correct and add more info from your stream.

7-8 years 14-19 lpa -> Less than bangalore current standard

Overkill for other locations ..

[theMAG]

I get paid no salary at all. They feed me instead.

[anonymous]

Originally Posted by diabloo

To all: Any pointers as to how to get more salary for the current job?
I know a few who have a noose around the manager's neck an tighten them, so that they squeeze every ounce. Is it the only way?

To get more salary from your current job, I will share my secret. First you need to show that you are overloaded. If your manager sees that you are working happily, you won't get much in appraisal. Second never show that you are satisfied with your salary, you want some more. and the last and this is what I call "Brahamastr". Get an offer letter, when you are close to your appraisal and ask your manager that this is what I have been offered, if you are ready to increase my salary, I am here or else I am gone.
PS-The last point may work against you. It depends company to company, so try to at your own risk.

[snaronikar]

Originally Posted by theMAG

I get paid no salary at all. They feed me instead.

This is the difference between employer and an employee. An Employer always does not get the salary and he informs the employees feed him.

[gkrishn]

Originally Posted by hrishig

7-8 years 14-19 lpa -> Less than bangalore current standard

This year, one of my friend(7 years) took home around 23lkh including bonus, share etc... his take home was around 16.

Overkill for other locations ..

Not sure... i guess the cost of living in chennai has gone up sharply in recent times and is now more than bangalore. My friends are paying more rent than me...

[hrishig]

Originally Posted by gkrishn

This year, one of my friend(7 years) took home around 23lkh including bonus, share etc... his take home was around 16.

What is location of your friend? Bangalore?