Indian IT companies have pampered their people no end. Compare a Ph.D in Biochemistry working with a pharma lab with a Software Engineer. The former gets less than fourth of latter's salary. I am myself associated with the IT industry for last 15 years and I have also earned good money in these companies. However, truth is truth. Salaries in IT and ITeS need to get rationalized.
RE:This should have happened 10 years ago!
by MAST RAM on Jan 31, 2008 08:46 PM Permalink
Salary in IT is over-hyped....because of this hype in IT cities the product/services have become more expensive as everyone is ready to fleece.....so there is no "REAL" increase in salary...
Also...please check the salary in medicine, Banking , insurance, ...they are much more...but not hyped..
RE:This should have happened 10 years ago!
by satish masina on Jan 31, 2008 08:17 PM Permalink
Well said.... Punepro. I am also working in IT and they are paying me more than I am qualified for
RE:This should have happened 10 years ago!
by Indian on Jan 31, 2008 08:18 PM Permalink
Do u know one thing, there are people in IT who charges 1000 USD per day in Consulting in US and Europe ex in SAP or any other top end ERP implementations, this is true and US companies even ready to pay 1500 USD plus form some modules as long as consultant can add real benefit to the company
RE:RE:This should have happened 10 years ago!
by Narendran kumar on Jan 31, 2008 08:48 PM Permalink
To all guys who pound on IT employees for getting more salary should think twice before saying such thing. You know why they are paying such huge amount,because the companies know very well after 5 to 10 years of service most of these IT employees will have to spend their hard earned money to live in this world fighting against all those illnessess acquired during all these years. Check with the number of depression patients in India and also the increase in diabetics among youths particulary the IT people. In 2 to 3 years there will be an outbreak of diseases to all these guys and then you will feel sorry for scolding them. It is my personal experience. I have seen many people leaving our company after 32 or 33 because of health reasons. Think wisely guys.
