Hi Cite members,
Kindly help me out in getting the salary standards of IT companies. I am working with a small company where almost 50+ people are working. The company is working on the .NET platform.
Also, please mention the average salary for an HR Manager with 7 years of experience in the small UK-based company.
Minakshi
From India, Bangalore
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Kindly help me out in getting the salary standards of IT companies. I am working with a small company where almost 50+ people are working. The company is working on the .NET platform.
Also, please mention the average salary for an HR Manager with 7 years of experience in the small UK-based company.
Minakshi
From India, Bangalore
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Hi Minakshi,
When you are working in a small organization, especially in the software industry, it is easy to plan salaries. As you mentioned in your email, for individuals with 7+ years of experience in the HR field, I'll be frank. If you are seeking someone from the IT sector, you should be prepared to offer a salary in the range of 5-7 lakhs. Conversely, if you are looking for an HR professional from the manufacturing sector, you can expect a lower CTC of 4-5 lakhs. However, managing someone from a hard-core environment might pose challenges.
Regarding the salary structure for IT professionals, establish a salary range based on experience levels. For Trainees, begin with 5000 and increase to 8000 after 6 months, with a further raise to 12,000 post-appraisal. For individuals with 2+ years of experience, the CTC should range from 2 to 2.5 lakhs, and for those with 3+ years, it should be between 2.5 to 3.5 lakhs. Alternatively, a simple principle to follow is to offer a 20-30% hike on the current CTC, regardless of the designation.
I trust that the information provided above will be helpful to you.
Cheers,
Mohhan Reddy.k
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1When you are working in a small organization, especially in the software industry, it is easy to plan salaries. As you mentioned in your email, for individuals with 7+ years of experience in the HR field, I'll be frank. If you are seeking someone from the IT sector, you should be prepared to offer a salary in the range of 5-7 lakhs. Conversely, if you are looking for an HR professional from the manufacturing sector, you can expect a lower CTC of 4-5 lakhs. However, managing someone from a hard-core environment might pose challenges.
Regarding the salary structure for IT professionals, establish a salary range based on experience levels. For Trainees, begin with 5000 and increase to 8000 after 6 months, with a further raise to 12,000 post-appraisal. For individuals with 2+ years of experience, the CTC should range from 2 to 2.5 lakhs, and for those with 3+ years, it should be between 2.5 to 3.5 lakhs. Alternatively, a simple principle to follow is to offer a 20-30% hike on the current CTC, regardless of the designation.
I trust that the information provided above will be helpful to you.
Cheers,
Mohhan Reddy.k
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