Salary hike in current scenario - IT companies

mumbai2008 · #31 15-01-2009, 11:38 AM

Dear Sonia ,
Its high inpredictable to pass a comment on the sal hike we can analyse on all market situations , companies sales and business contracts etc .
salary increment in IT department is 15-20 percent only for all departments like hardware & networking or software industry
for Finance its 25-30 percent hike sales and Insurance is 30 percent around in recession only industry booming is Isurance and Pharma sector

Thanks & regards
Shruti
CMS HR

sonia_valley · #32 15-01-2009, 07:24 PM

thanks rajat, you are great!!

You deserve diary milk chocolate.

jan.varsha · #33 11-02-2009, 03:47 PM

Hi,

The information posted is useful but not exhaustive. I am also working on anyalsing the trend of increment .

I am looking for contacts of HR in IT companies with a strength of 325-350 people. The companies would preferable be in Product Engineering and OPD streams.

Please let me know about such contacts

Regards
Varsha

mantrirajani · #34 09-10-2009, 06:55 PM

Hi,

can i know what kind of questions are expected from the employees after once we give them a hike which is less than their expectation

this is an urgent query to be solved..
can i have a reply in an hour..

Thanks & Regards,

Rajani

Mona · #35 04-11-2009, 04:55 PM

Dear Varun Doshi,

Very neatly and precisizely said.

Well done

Regards,
Mona

niraj.bharadwaj · #36 05-11-2009, 10:36 AM

Hi Sonia,
I am heading the HR & Admin of an IT Infotech product company.
As a guide line the cash flow will dictate the hike s to the employees.
If the cash flow is restricted than only inflationary hike of 5 to 7% can be granted........however those employees who are business critical are compensated more with some perks thrown in (even though FBT has been removed).
Hence if the company concerned is making profits and signing in new clients than the hike could be approx 10% with minor variation for high performers.
My Mob No is 9867685524 and I will be able to answer any other queries as well.

Regards
Neeraj Bharadwaj