How Can I Create Fair Salary Slabs for IT Roles to Match Market Standards?

Dear All,

I am working in a Software Product Development Company in Gurgaon, and here there are no salary slabs as such. I wish to create salary slabs within my organization for different grades and bands to ensure that we are in line with market standards in terms of salary fitment.

I kindly request you all to provide me with the salary range for the following 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 Administrator
9. Senior System Administrator
10. Project Head

Regards,
Anita

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. Technical Leads: 6 - 10 years
5. Project Managerial levels > 10 years

Find below the industrial standard for IT professionals:
- 2 - 4 Years: ₹2.5L PA (min) - ₹4L 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
This 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 the salary for a 4-year experienced professional.

~Sanjay

Hi Sanjay,

Can you please let me know the salary range for .NET profiles with less than 2 years, i.e., 0-2 years.

Regards,
Anita

Hi Anita,

Candidates with less than 1 year of experience will fall within the salary range of 1.2 - 1.5 L P.A. For those with 1 - 2 years of experience, the salary band would be 2 - 2.5 L P.A. However, there isn't a specific salary band for .NET. The salary information provided applies to almost all IT professions including (.NET, Java, QA, and other software professionals).

~Sanjay

Hi,

I would like to add to Sanjay's inputs.

Point 1: Compensation packages also depend on the educational qualifications of the candidates/employees. In new recruits, there is a clear distinction between engineers and non-engineers. Engineers (BE, BTech, ME, MTech) are essentially worth more than their other counterparts.

Point 2: Packages differ again according to the city, based on the cost of living.

Sneha

Hi Anitha,

I completely agree with Sneha's points. When we are recruiting outstation candidates, we need to consider all these aspects as well. However, I provided the minimum and maximum salary range for freshers, which could be helpful to set the salary based on their qualifications.

Thanks for the points, Sneha.

~Sanjay

Hi,

Thanks Sanjay and Sneha for your inputs. I agree salary fitment depends on a lot of factors such as education, skills, location, years of experience, last drawn CTC, etc. I needed to check the current market trend for IT professionals 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

Hi,

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

I believe this will be very helpful to you. :)

Regards,
Monika

Hi Monika,

Thank you for the updated salary scale. Please also review the salary report for Chennai.

~Sanjay

Hi Yasha,

Check out this link for the salary report of Delhi and other states as well:
http://www.payscale.com/research/IN/...w_Delhi/Salary

~Sanjay

Hi Sanjay, Monika,

I do not have much exposure in Comp and Ben. Can you shed some light on the salary report attached to this thread? I am having difficulty understanding it clearly. Could you please explain?

Regards,
Anita

Hi,

I hope you are working in an IT company. I'm looking for the salary slabs for Coimbatore, South India. Please send me the salary slabs for different positions to my email id: Lavanyaselvaraj@yahoo.co.uk.

Awaiting your response.

Regards,
Lavanya S.

Hi Sanjay,

Kindly let me know the salary bands which you have furnished. Is this data applicable for a small-sized company with a strength of 34 people? We need to fix the salary bands keeping the company size in mind as well.

Find below the industrial standard for IT professionals:
- 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

Looking forward to a prompt response.

Regards,
Anita

Hi,

The site was good and somewhat helpful! Does anyone have salary comparisons across the software industry for various IT companies regarding different skill sets such as SE, SSE, TL, ML, PL, PM, etc., QAE, DBA? I am trying to analyze the salary trends post-recession. Your inputs will be of immense help.

Thank you,
Sirisha

Hi,

Could someone provide salary ranges for IT professionals with 1 year, 2 years, 3 years, 4 years, 5 years of experience, as well as for Project Leaders, Consultants, and Business Development Managers?

Thanks,
Sri

Hello Folks, does anyone have the latest salary trends for IT companies?

Cheers,
Thiru

Hi,

Does anyone have the latest salary trends for IT companies? I saw the last post on the industry standard for IT professionals as of 2007. Is it still the same given the inflation?

- 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

Regards,
Chandrasekar