Analysis on It Sector
Compensation Trend in IT sector
Salary compensation in the Information & Technology Industry has been the topic with debates in the last few years. There has been a lot of variation in the salary trend because of the recession. Still this sector finds a booming growth in the Indian market. According to a survey the highest salary increase in Information & Technology sector in India was in the year 2003.
Salaries Trends
The 2010 IT Salary Guide, based on data from Robert Half Technology, lists IT salaries for a broad range of professionals, from IT manager to software developer to security administrator to help desk manager. The Guide also provides data about IT salary levels for regions across the world, and suggests the salary incentives for related IT skills (such as C++, Oracle database, Cisco network, or Visual Basic skills).
The variation in Salary within the IT sector is not much. The difference in incentives may exist at a very small fraction within the industries. The Salary Range of some famous IT companies has been given below.
Popular IT Companies
Salary Range
IBM Global Services
Rs 235,143 – Rs 1,220,008
Wipro Technologies Ltd.
Rs 224,567 – Rs 1,242,000
HCL Technologies Ltd.
Rs 179,753 – Rs 993,598
Accenture
Rs 242,776 – Rs 1,270,000
Infosys Technologies Ltd.
Rs 279,253 – Rs 1,205,001
When we talk of the Salary Range in terms of Degree, the one holding a degree in technical field gets a elevated salary. A example of Salary Range is presented herein.
Top Degrees
Salary Range
Bachelors Degree
Rs 274,556 – Rs 774,976
Master of Business Administration (MBA)
Rs 293,301 – Rs 962,224
B.Tech/BE in Mechanical Engineering/
Electrical Engineering
Rs 329,003 – Rs 968,798
B.Tech/BE in Electronics and Communi-