Indian IT companies among 10 worst paymasters in world

[velu]

Indian companies are among the world's 10 lowest paying employers in the IT space, with their mid-to-senior level staff getting an average salary of $38,767 (about Rs. 21.5 lakh) per annum -- less than one-fourth of the IT pay package at globally top-paying Swiss firms. Salaries in the IT sector of Switzerland are the highest in the world at an average of $168,211 (about Rs. 93 lakh) per annum, as per a study titled 'World wide IT Salary 2012'.

SRC

[punjabi_khota]

Lol@not taking PPP into account. This study is only from perspective of sending foreign managers to work in India (and paying them Indian salaries)

[ganeshran]

need to adjust the salaries according to purchasing power. Direct comparison doesnt make much sense

[Ram]

And NDTV profit actually ran this article on their site? P.S; For the record, the cost of living in Indian urban centers is rising dangerously close to matching those in the Western world.

[Malcolm Merlyn]

All India ITWALAS please :protest: or or :whine: or :bangbang:

[jairamesh]

In Switzerland 1 kg of Onions cost 2.10 Francs = a whopping 123 Rupees.

[Crookbond]

need to adjust the salaries according to purchasing power. Direct comparison doesnt make much sense

+1 This reminds of me of the "Big Mac Index". Anyone heard/read about it? http://www.economist.com/node/21542808

The Swiss franc is 62% overvalued: the exchange rate that would equalise the price of a Swiss Big Mac with an American one is 1.55 francs to the dollar; the actual exchange rate is only 0.96. The cheapest burger is found in India, where it costs just $1.62.

[jairamesh]

+1 This reminds of me of the "Big Mac Index". Anyone heard/read about it? http://www.economist.com/node/21542808

India is the only country in that list where Big Mac is not actually a Big Mac :hehe: Time to introduce the McAloo tikki burger index.