IT industry salary survey

Ho0ligaN · 2nd February 2008, 15:34

Quote:

Originally Posted by Samurai

Aren't these numbers very misleading? Surely these are not industry averages. What is the starting salary in TCS/Wipro/Infy, let's leave out exotic companies for a moment.

yes I think so, Infosys - ~2.5lak per annum for BE from regular VTU colleges. I should be able to confirm this in a week's time as campus recruitments are starting(with Infosys coming first) only very few MNCs offer 4-5+ lak per annum for only BE guys, all colleges pimp it as dream job offer etc.

akroy · 2nd February 2008, 18:08

Quote:

Originally Posted by tsk1979

Nope, IIT people(unless they don't get any job, a rarity) get a starting from 5.5L+.
As for the normal companies its more like 3L for freshers. MNCs go to 5L

Yes that is the offers I am seeing in the recent batches from IITs...More like 5 lakhs centric (it was like 3.6 lakh centric during my time in 2000)
But here as well, the biggies (Infy / TCS / Wipro) donot give that much...

Abhi

manjubp · 2nd February 2008, 21:23

Quote:

Originally Posted by vivekiny2k

when I was in infy, my delivery head signed a programmer's resignation letter and asked him not to come from the next day, without even asking a single question. The poor fellow was only trying to negotiate.

What else do you expect the delivery head to do, when engineers use resignation letter as a way to negotiate the salary rather than their performance. Trust me it happens with many delivery managers, irrespective of the company.

regards,
manju

androdev · 2nd February 2008, 23:57

changing jobs for hike will tire you quickly. best is to have bosses who think you are a superstar. real breaks can only come in the form of referrals.

tsk1979 · 3rd February 2008, 00:07

Quote:

Originally Posted by Samurai

Who are we talking about here, MBAs or just BE/Btech?

IIT B.tech or 5 year M.tech(integrated)

3rd February 2008, 08:59

Well my philosophy on this is that, one works hard for 8 hours a day to be a boss some day who has to work 12 hours a day

akroy · 3rd February 2008, 09:04

Quote:

Originally Posted by tsk1979

IIT B.tech or 5 year M.tech(integrated)

And 5 yr Integrated MSc as well...basically people who came through IITJEE rank...

Abhi

Samurai · 3rd February 2008, 10:04

Quote:

Originally Posted by tsk1979

IIT B.tech or 5 year M.tech(integrated)

Quote:

Originally Posted by akroy

And 5 yr Integrated MSc as well...basically people who came through IITJEE rank...

That doesn't make sense, IITians are miniscule minorities when you look at the whole pool of freshers graduating every year. Therefore IITians can't dictate the averages. I was asking about the average as in real average, across the whole spectrum.

gkrishn · 3rd February 2008, 10:20

Quote:

Originally Posted by Samurai

I was asking about the average as in real average, across the whole spectrum.

Thats about 1.75lkh for a fresher.

hrman · 3rd February 2008, 11:01

Quote:

Originally Posted by gkrishn

Thats about 1.75lkh for a fresher.

Is that it? Im a bit surprised, I thought IT freshers get paid a lot more than that.

Vid6639 · 3rd February 2008, 11:09

That was the average 3-4 years back. I'm sure it's much more now.

tsk1979 · 3rd February 2008, 11:46

Unless you are from a reputed college(NIT/NSIT/IIT/REC etc.,) the average can be around 1.5L/pa.
In good colleges its around 2.50-3L/pa

If I was a recruiter, and had a normal software job(no rocket science), I would chose a "good college" guy over IIT.
I can PAy less, less risk of guy running away.

Probably thats why mainstream recruiters stay away from IIT most of the time, and don't do bulk deals there

gkrishn · 3rd February 2008, 12:27

A grad, in bangalore, in an mnc, gets about 16k per month. I kind of "averaged" that for service companies.

hrman · 3rd February 2008, 12:38

Hmm OK.. Thats one of the reasons why companies prefer looking beyond the IIMs too for their entry level management trainee positions. The chance of the guy staying back is supposedly higher. Its debatable if you ask me.

manziee_crusier · 4th February 2008, 11:50

Quote:

Originally Posted by Samurai

Aren't these numbers very misleading? Surely these are not industry averages. What is the starting salary in TCS/Wipro/Infy, let's leave out exotic companies for a moment.

No it is not I have already mentioned it is for product based Software companies.I have done recruitment in IIT Campus/A Grade inst:.But yeah Infy and TCS is not a great company when it comes to pay.

Only onsite which they MAY get is the only light on the tunnel

2nd February 2008, 23:57	#49
androdev Distinguished - BHPian Join Date: May 2007 Location: bangalore Posts: 3,096 Thanked: 22,332 Times	changing jobs for hike will tire you quickly. best is to have bosses who think you are a superstar. real breaks can only come in the form of referrals.
	() Thanks

3rd February 2008, 08:59	#51
priyank Posts: n/a	Well my philosophy on this is that, one works hard for 8 hours a day to be a boss some day who has to work 12 hours a day
	() Thanks

3rd February 2008, 11:09	#56
Vid6639 Team-BHP Support Join Date: Jul 2006 Location: Bangalore Posts: 17,730 Thanked: 43,473 Times View My Garage	That was the average 3-4 years back. I'm sure it's much more now.
	() Thanks

3rd February 2008, 11:46	#57
tsk1979 Team-BHP Support Join Date: Feb 2005 Location: San Jose, CA Posts: 23,717 Thanked: 22,825 Times View My Garage	Unless you are from a reputed college(NIT/NSIT/IIT/REC etc.,) the average can be around 1.5L/pa. In good colleges its around 2.50-3L/pa If I was a recruiter, and had a normal software job(no rocket science), I would chose a "good college" guy over IIT. I can PAy less, less risk of guy running away. Probably thats why mainstream recruiters stay away from IIT most of the time, and don't do bulk deals there
	() Thanks

3rd February 2008, 12:27	#58
gkrishn BHPian Join Date: Aug 2004 Location: Bangalore Posts: 626 Thanked: 93 Times View My Garage	A grad, in bangalore, in an mnc, gets about 16k per month. I kind of "averaged" that for service companies.
	() Thanks

3rd February 2008, 12:38	#59
hrman Senior - BHPian Join Date: Jun 2006 Location: Bangalore Posts: 1,128 Thanked: 1,015 Times	Hmm OK.. Thats one of the reasons why companies prefer looking beyond the IIMs too for their entry level management trainee positions. The chance of the guy staying back is supposedly higher. Its debatable if you ask me.
	() Thanks