Team-BHP > Shifting gears
Register New Topics New Posts Top Thanked Team-BHP FAQ


Reply
  Search this Thread
355,445 views
Old 10th September 2008, 17:22   #151
Team-BHP Support
 
Jaggu's Avatar
 
Join Date: May 2004
Location: Bangalore
Posts: 20,387
Thanked: 16,912 Times

Not true, salary for freshers still ranges between 2.8 to 3.5 lakhs with the companies you mentioned
Jaggu is offline  
Old 11th September 2008, 01:07   #152
BHPian
 
redfire's Avatar
 
Join Date: Jan 2008
Location: Chicago, USA
Posts: 449
Thanked: 27 Times

Yeah, even my co in TVM (which is not a big name here though it is a good co) gives 2.5-3L for freshers. I am sure the cos liste din your post will be equally good or better.
redfire is offline  
Old 5th October 2009, 12:07   #153
BHPian
 
Join Date: Nov 2006
Location: Kolkata
Posts: 95
Thanked: 4 Times

What is the average salary calculation (IT companies) in kolkata now a days? From what i understand its like work exp: big ones ratio is 1:1 for service industry...

but then dont know if there are good product companies in this part of the world.
dhiman is offline  
Old 6th October 2009, 15:54   #154
Senior - BHPian
 
kuttapan's Avatar
 
Join Date: May 2007
Location: Melbourne
Posts: 1,155
Thanked: 26 Times

Quote:
Originally Posted by dhiman View Post
What is the average salary calculation (IT companies) in kolkata now a days? From what i understand its like work exp: big ones ratio is 1:1 for service industry...

but then dont know if there are good product companies in this part of the world.
I cannot speak for Kolkata, but 1:1 would be at the lower rung of the salary band.

What I want to know is, is it possible to get Work exp * 2, for an IT professional in Bangalore, say in the ERP scene?
kuttapan is offline  
Old 6th October 2009, 16:07   #155
BANNED
 
Join Date: Jun 2009
Location: Bangalore
Posts: 4,287
Thanked: 2,814 Times

I didnt understand your question??
n.devdath is offline  
Old 16th October 2009, 15:05   #156
Senior - BHPian
 
kuttapan's Avatar
 
Join Date: May 2007
Location: Melbourne
Posts: 1,155
Thanked: 26 Times

work exp, let's say 5 years. So * 2 means 10 lakhs. What I want to know is, is there an upper limit for such a calculation? Say, X company will not pay more than exp * 1.7 for Y position?
kuttapan is offline  
Old 20th October 2009, 06:39   #157
BANNED
 
Join Date: Jan 2006
Location: Cochin
Posts: 2,195
Thanked: 268 Times

Quote:
Originally Posted by kuttapan View Post
work exp, let's say 5 years. So * 2 means 10 lakhs. What I want to know is, is there an upper limit for such a calculation? Say, X company will not pay more than exp * 1.7 for Y position?
Never heard about this kind of calculation. Are you talking about Indian scenario ?
mithun is offline  
Old 20th October 2009, 07:53   #158
Senior - BHPian
 
anujmishra's Avatar
 
Join Date: Jun 2008
Location: Bangalore
Posts: 1,293
Thanked: 500 Times

What is current scene of salaries in year 2009? Appraisals in many companies are happening. Reccesion is over or not over yet? What is the current market expection for salary in different sectors?

How many percentage of salary increase do you expect in next year after appraisal?
anujmishra is offline  
Old 20th October 2009, 13:28   #159
Senior - BHPian
 
NetfreakBombay's Avatar
 
Join Date: Jan 2008
Location: Bombay
Posts: 1,480
Thanked: 1,100 Times

Quote:
Originally Posted by kuttapan View Post
work exp, let's say 5 years. So * 2 means 10 lakhs. What I want to know is, is there an upper limit for such a calculation? Say, X company will not pay more than exp * 1.7 for Y position?

You need to add Skill as well.

E.g, till 3 - 4 years back BI skills were in short supply. So, 5 yrs Business Objects could get you 2.2 - 2.8 ( 11 - 14 lakh).

Work Exp is only one of the factors used for "normalization" of salaries across large companies. Other factors like Skills, Internal Ratings, Client profitability and domain knowledge play a large role as well.
NetfreakBombay is offline  
Old 27th April 2010, 00:44   #160
BHPian
 
pramod's Avatar
 
Join Date: May 2008
Location: Bangalore
Posts: 482
Thanked: 329 Times

Quote:
Originally Posted by greatDrive View Post
Genband( previouly Baypackets) is in telecom and was into software development (NMS, EMS).
SirF , Noida is in Embedded software development as well as EMS development.
.
Genband develops Media Gateways. These are used in Mobile and Legacy telephony networks to allocate voice channels for voice calls.
EMS/GUI is just the front end of a product
pramod is offline  
Old 13th May 2010, 21:35   #161
BHPian
 
akas_chauhan's Avatar
 
Join Date: Dec 2008
Location: San Antonio
Posts: 596
Thanked: 26 Times

Hey guys my brother need suggetion regarding salary structure and hirerarchy info for CTS.

He has 9.5 years of exp in IT and got an architect offer with sal package of 15 Lakh PA. However he declined as his recent CTC is 16 Lakh.

He recently joined one company WIPRO just around a month back and CTS considering his previous salary. IN his previous company he was getting 13 Lac and since he left company in april he did not got the hike of around 10%.

But CTS syas they will consider only 13 Lac as last drawn salary and their architect salary band is 12-15 Lac? Is it true and for 9.5 years should he consider for architect or senior architect?

Since my brother said he will not go below 18 Lac, HR said they need to discuss the matter and let him know.

What you guys think should my brother do in this situation?
akas_chauhan is offline  
Old 13th May 2010, 22:07   #162
Senior - BHPian
 
Join Date: Nov 2009
Location: Bangalore
Posts: 1,451
Thanked: 2,062 Times

My 2 cents.
Salary for a doctor in Karnataka
0-1 years 1.5-6Kpm
2-4 years 6-14KpM
4-8 years nil (Generally go for higher studies)
8-20 years 20-40KpM
>20Years >50KpM (Private practice picks up)

Salary in Tamil Nadu and Kerela are better.
wildsdi5530 is offline  
Old 14th May 2010, 15:30   #163
Senior - BHPian
 
mobike008's Avatar
 
Join Date: Sep 2006
Location: Seattle, WA
Posts: 11,877
Thanked: 16,132 Times

Quote:
Originally Posted by akas_chauhan View Post
Hey guys my brother need suggetion regarding salary structure and hirerarchy info for CTS.

He has 9.5 years of exp in IT and got an architect offer with sal package of 15 Lakh PA. However he declined as his recent CTC is 16 Lakh.

He recently joined one company WIPRO just around a month back and CTS considering his previous salary. IN his previous company he was getting 13 Lac and since he left company in april he did not got the hike of around 10%.

But CTS syas they will consider only 13 Lac as last drawn salary and their architect salary band is 12-15 Lac? Is it true and for 9.5 years should he consider for architect or senior architect?

Since my brother said he will not go below 18 Lac, HR said they need to discuss the matter and let him know.

What you guys think should my brother do in this situation?
HR people of CTS is absolutely right. Like CTS, any branded and large companies do not consider your existing salary if you are in that organization for less than 6 months minimum and in some cases 1 year.

Just ask yourself, how can you expect a salary of Rs.18 Lakhs ( 2 Lakhs hike) over existing compensation after spending only 1 month in current organization? Its just beyond any reasonable logic.

Speaking from personal experience where i give authorization to hire people to my teams and Without offending you or your brother some companies withdraw offers if they find candidates taking this route as there is no guarantee they will stick around for a long time even after meeting their expectations.

The best he can do is ask Wipro to match his existing compensation.

Finally to answer your query of salary range, thats right most large organizations offer between 12L-16L maximum for a architect position even if some of them have experience of 10-12 years. Exceptions are made only in very rare cases.
mobike008 is offline  
Old 14th May 2010, 15:40   #164
JVH
Senior - BHPian
 
JVH's Avatar
 
Join Date: Aug 2008
Location: Bangalore
Posts: 1,051
Thanked: 209 Times

Quote:
Originally Posted by mobike008 View Post
companies withdraw offers if they find candidates taking this route as there is no guarantee they will stick around for a long time even after meeting their expectations.
I echo mobike. As a hiring manager, these are some of the nitty gritties he will be looking for as a part of filtration process. One has to come with a very sound reason to justify the asking package.

Quote:
Originally Posted by mobike008 View Post

most large organizations offer between 12L-16L maximum for a architect position even if some of them have experience of 10-12 years. Exceptions are made only in very rare cases.
A colleague of mine with 9 years ex was earning 10L in Qwest. He joined Infosys with a CTC of 14L as an Architect.
JVH is offline  
Old 14th May 2010, 15:47   #165
Senior - BHPian
 
mobike008's Avatar
 
Join Date: Sep 2006
Location: Seattle, WA
Posts: 11,877
Thanked: 16,132 Times

Quote:
Originally Posted by mobike008 View Post
The best he can do is ask Wipro to match his existing compensation.
My bad. I meant CTS.

Quote:
Originally Posted by JVH View Post
I echo mobike. As a hiring manager, these are some of the nitty gritties he will be looking for as a part of filtration process. One has to come with a very sound reason to justify the asking package.
I am into Sales and I use my hiring sign-offs for my customer projects and last few months went through hell due to this very situation.

All this is because of markets opening up and plenty of jobs available to choose from and there are several challenges to get good people onboard with salary expectations being one of the biggest challenge.

Last edited by mobike008 : 14th May 2010 at 15:48.
mobike008 is offline  
Reply

Most Viewed


Copyright ©2000 - 2024, Team-BHP.com
Proudly powered by E2E Networks