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Salary Slabs for IT Professionals





 

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  #1  
24-05-2007, 12:46 PM
Join Date: Nov 2006
Location: Delhi/NCR
Salary Slabs for IT Professionals
Dear All,

I am working in a Software Product Development Comapny in Gurgaon and here there are no salary slabs as such. I wish to make the salary slab within my organisation for different grades and bands to make sure that we are in pace with the market standards in terms of salary fitment.

Request you all to kindly let me know the salary range for the below positions:

1. Software Engineer
2. Senior Software Engineer
3. Team Leader
4. Project Leader
5. Project Manager
6. Software Tester
7. Senior Software Tester
8. System Adminstrator
9. Senior System Adminstrator
10. Project Head


Regards,
Anita
  #2  
24-05-2007, 12:59 PM
Join Date: Sep 2006
Location: India, Chennai
Re: Salary Slabs for IT Professionals
Hi Anita,

Salary band can be fixed based on the experience level not by designation.

Here we go...

1. Associate Software Engineers (between trainees and developer level) < 2 Years

2. Developers/Software Engineers 2 - 4 Years

3. Sr. Level / Team Lead 4 - 6 years

4. Techical Leads 6 - 10 years

5. Project Managerial levels > 10 years

Find below the industrial standard for IT prof:

2 - 4 Years - 2.5L PA (min) - 4 L PA (max)
4 - 6 Years - 1.25 Lacs per year
6 - 8 Years - 1.50 Lacs per year
8+ Years - 1.75 Lacs per year

For example: 4 - 6 Years - 1.25 Lacs per year

Which means for every year we need to pay 1.25L...
i.e 4 (Years) x 1.25 = 5 L p.a

So, 5 L will be salary for 4 years exp prof.

~Sanjay
  #3  
24-05-2007, 01:59 PM
Join Date: Nov 2006
Location: Delhi/NCR
Re: Salary Slabs for IT Professionals
Hi Sanjay,

Thanks a ton for your valuable input and promt response.
In case you have the salary survey of Hewitt for 2007 can you please send it across to my email id:anitaggn@mail.com
Regards,
Anita
  #4  
24-05-2007, 02:08 PM
Join Date: Sep 2006
Location: India, Chennai
Re: Salary Slabs for IT Professionals
No probz Anitha... will send across similar infoz.

~Sanjay
  #5  
28-05-2007, 05:40 PM
Join Date: Nov 2006
Location: Delhi/NCR
Re: Salary Slabs for IT Professionals
Hi Sanjay,
Can you please let me know the salary range for .Net profiles with less than 2 years i.e. 0-2years.

Regards,
Anita
  #6  
28-05-2007, 05:54 PM
Join Date: Sep 2006
Location: India, Chennai
Re: Salary Slabs for IT Professionals
Hi Anita,

Candidates with less than 1 year will be in the range of 1.2 - 1.5 L P.A
For 1 - 2 years the salary band would be 2 - 2.5 L P.A

However there isnt any specific band for .NET.....whatever salary information that I gave you applies to almost all the IT prof (.NET, Java, QA and other software prof).

~Sanjay
  #7  
28-05-2007, 06:26 PM
Join Date: Mar 2007
Location: Chennai
Re: Salary Slabs for IT Professionals
Hi,

would like to add to Sanjay's inputs.

point 1:
compensation packages also depend on the educational qualification of the candidates/employees.
in new recruits, there is a clear distinction of engineers and non engineers. engineers (BE, BTech, ME, MTech) essentially are worth more than their other counterparts

point 2:
packages differ again according to the city. acc. to the cost of living

Sneha
  #8  
28-05-2007, 07:39 PM
Join Date: Sep 2006
Location: India, Chennai
Re: Salary Slabs for IT Professionals
Hi Anitha,

I completely agree with Sneha's points, when we are recruiting outstation candidates we need to consider all these aspects aswell.

However I gave the min and max salary range for freshers which could be helpful to fit salary based on their qualification .

Thanks for the pointz Sneha.

~Sanjay
  #9  
29-05-2007, 03:52 PM
Join Date: Nov 2006
Location: Delhi/NCR
Re: Salary Slabs for IT Professionals
Hi,

Thanks Sanjay and Sneha for your inputs. I agree salary fitment depends on lot of factors viz. education, skills, location, years of experience, last drawn CTC etc.

I needed to check the current market trend for IT professional because i feel we are not at par with the market standard in terms of junior profiles since they had joined as trainees and have been confirmed.

Thanks once again.

Regards,
Anita
  #10  
29-05-2007, 05:16 PM
Join Date: Apr 2007
Location: India
Re: Salary Slabs for IT Professionals
Hi,

Please find the salary survey report below..I think from this report it will be clear to all of you the different salary slabs for different companies..but this is specifically for bangalore...

I think this will help you a lot.

Regards,

Monika

Attached Files
File Type: doc salary_report_103.doc (158.5 KB, 869 views)

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