\n\tNew Delhi|Bengaluru: Salaries for entry-level jobs in India's top information technology firms have remained almost stagnant for the past seven years due to a combination of factors including increasing automation, pressure to keep costs low and double-digit rate cuts by outsourcing clients. This is the case even as inflation has jumped 45-50% since 2007-08 and thousands of new jobs have been created in the country by a slew of startups. Taking inflation into account, therefore, entry-level salaries have effectively gone down.<\/p>\n

Fresh engineering graduates are unlikely to get higher salaries at India's top software firms, several human resource executives and placement heads at colleges said, telling ET that leading IT<\/a> companies such as TCS<\/a>, Infosys<\/a> and Wipro<\/a> have been among the lowest paymasters among tech employers at campuses.<\/p>\n

\n\t\"We really don't see the need to raise entry-level salaries - it will stay stagnant for now,\" said the global HR head of one of India's top five IT firms on condition of anonymity. \"Given the glut of engineers at the fresher level, we can afford to keep salaries at the same level for the foreseeable future,\" he added.<\/p>\n

In 2007-08, as per the offer letters of at least three entry-level engineers, annual salaries amounted to about 2.75 lakh per annum, with gross monthly salary<\/a> amounting to about 23,000.Seven years later, according to the software industry lobby Nasscom, average salaries in the industry range between 3 and 3.5 lakh per annum.<\/p>\n

\n\t\"Salaries have remained more or less constant at the fresher levels since the time we joined the industry about seven years ago. Exceptional people who perform well may get better hikes in a couple of years, but mostly in my experience, I have seen only a marginal difference in salaries for new graduates from the time we joined to now,\" said an Infosys<\/a> employee, who joined the company in 2007-08, requesting not to be named.<\/p>\n

\n\tThe employee added, \"Of course, the companies invest in training us for their requirements and projects, but the cost of living has definitely gone up since the time I joined, more so for people living in metro cities. With the constantly changing technology demands, we have to keep upgrading our skills and hope we get the right opportunities to merit a substantial raise.\"<\/p>\n

\n\tAccording to a report by Kotak Institutional Equities, titled 'How many engineers are required to change a light bulb', India produces nearly 1.5 million engineers annually while there are barely 150,000-200,000 jobs in the domestic IT services industry.<\/p>\n

\n\t\"The biggest reason for lower salaries is obviously oversupply,\" said Swami Manohar, a former IISc professor, who co-founded JED-i (Joy of Engineering, Design and Innovation), an initiative that helps retrain engineers. As a result of the oversupply, he said, a lot of students from the current batch don't get placed in any reasonable IT firm.<\/p>\n

\n\t\"They usually get enrolled into training programmes for the next year or so, or attend certification programmes, or take up a temporary part-time job, etc. and try to improve their qualifications and apply again next year,\" he said. But by the next year another batch of students graduate and most IT companies prefer to hire the older batch rather than the fresh batch \"given that the older batch is hungry as they have been out of the job market for so long and they're also slightly more qualified\". \"This, in turn, reduces the training efforts of the company. So there's really no pressure for IT companies to hire freshers, and they can afford to keep salaries as low as they want to,\" added Manohar.<\/p>\n

\n\tFor years, the Indian software industry has followed a \"pyramid model\" where average revenue growth of the industry has been directly linked to manpower addition.<\/p>\n

\n\tIndia's top software firms built plush and swanky American-styled campuses to house thousands of engineering graduates to write code and maintain back-office software projects of Fortune 500 customers.<\/p>\n

\n\tAs growth rates boomed through the 2000s, companies kept hiring thousands of fresh engineering graduates every year to generate every billion dollar of revenue. That situation has changed dramatically over the past five years. The sector no longer enjoys the explosive growth rates of the past and companies, therefore, have adopted a much more reserved approach towards hiring and raising employee and fresher-level salaries.<\/p>\n

\n\tThe result is a drastic imbalance between demand and supply. \"The students have aspirations, but where is the job market? There are 10 lakh engineering graduates passing out every year and only two-three lakh jobs are available. They hardly have a choice but to opt for these companies that pay such salaries,\" said S Ganapathy, dean-placements of SRM University.<\/p>\n

\n\tAbout 3,000-4,000 students from SRM University get placed in the IT industry every year.<\/p>\n

\n\t\"We've had this model of a flatter pyramid, which is slowly changing. Companies are changing their talent strategy as they move forward. With startups, the competition is also increasing, even though the average salary<\/a> for freshers there is also similar,\" a Nasscom spokesperson said.<\/p>\n

\n\tExperts tracking the sector said that compensation revisions have typically been in the mid-teens, due to shortage of quality engineers and excess demand. As IT firms needed to protect margins and profitability, they relied on entry-level engineers and the nature of growth from commoditised areas such as application development and maintenance supported the pyramid structure of the IT services industry.<\/p>\n

\n\t\"We expect wage revision to moderate to mid-to-high single digits from low-to-mid-teens. Excess supply of engineers will feed into the entire pyramid over a period of time, We also believe fresher salaries of 2.75-3.25 lakh will be either lowered or may remain unchanged for the next few years,\" said the Kotak report. This, in turn, has had a ripple effect on engineering colleges - hundreds of engineering colleges across the country are now facing a near-death experience, with a number of colleges in Karnataka and Andhra Pradesh barely managing to fill 100 seats on an average, despite having overall capacity of 2,000-3,000.<\/p>\n

\n\t(Devina Sengupta contributed to the story)<\/p>\n\n<\/body>","next_sibling":[{"msid":46924345,"title":"Opus Software to more than triple headcount by 2018 as payments market booms","entity_type":"ARTICLE","link":"\/news\/opus-software-to-more-than-triple-headcount-by-2018-as-payments-market-booms\/46924345","category_name":null,"category_name_seo":false}],"related_content":[],"msid":46925392,"entity_type":"ARTICLE","title":"Fresh engineering graduates are unlikely to get higher salaries at top IT firms like TCS, Infosys & Wipro","synopsis":"Fresh engineering graduates are unlikely to get higher salaries at top IT firms like TCS, Infosys & Wipro","titleseo":"fresh-engineering-graduates-are-unlikely-to-get-higher-salaries-at-top-it-firms-like-tcs-infosys-wipro","status":"ACTIVE","authors":[{"author_name":"Neha Alawadhi","author_link":"\/author\/479235679\/neha-alawadhi","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479235679.cms?width=100&height=100&hostid=268","author_additional":{"thumbsize":false,"msid":479235679,"author_name":"Neha Alawadhi","author_seo_name":"neha-alawadhi","designation":"Correspondent","agency":false}},{"author_name":"Anirban Sen","author_link":"\/author\/479240111\/anirban-sen","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479240111.cms?width=100&height=100&hostid=268","author_additional":{"thumbsize":false,"msid":479240111,"author_name":"Anirban Sen","author_seo_name":"anirban-sen","designation":"Correspondent","agency":false}}],"Alttitle":{"minfo":""},"artag":false,"artdate":"2015-04-15 00:21:37","lastupd":"2015-04-15 00:23:29","breadcrumbTags":["Enterprise Services","Infosys","Wipro","salary","TCS","IT","career"],"secinfo":{"seolocation":"fresh-engineering-graduates-are-unlikely-to-get-higher-salaries-at-top-it-firms-like-tcs-infosys-wipro"}}" data-authors="[" neha alawadhi","anirban sen"]" data-category-name="" data-category_id="" data-date="2015-04-15" data-index="article_1">

应届工科大学毕业生不太可能得到更高的薪水在顶级公司TCS, Infosys和Wipro

Neha Alawadhi&Anirban森

更新于2015年4月15日凌晨12:23坚持

新德里|班加罗尔:入门级职位的工资在印度的顶级信息技术公司已经过去七年几乎处于停滞状态的组合因素包括增加自动化、压力保持低成本和外包客户两位数的降息。是这种情况尽管通胀跳45 - 50%自2007 - 08年,成千上万的新工作已经创建的国家通过一系列初创公司。考虑到通货膨胀,因此,入门级的工资已经有效地降下来了。

应届工科大学毕业生不太可能得到更高的薪水在印度最大的软件公司,许多人力资源主管和放置头部大学说,告诉ET领先它等公司TCS,印孚瑟斯和Wipro一直在校园科技雇主中最低的财政机构。

“我们真的没有看到需要提高入门级工资——它将继续停滞不前,”表示,全球人力资源负责人之一印度的it公司不愿透露姓名的前五位。“考虑到过剩的工程师在新鲜的层面,我们可以负担得起工资保持在相同的水平在可预见的未来,”他补充道。

在2007 - 08年,按照提供的书信至少三个入门级工程师,年薪达约2.75每年十万的,每月总工资总计约23000人。七年后,根据软件行业游说行业协会,行业平均薪资范围3至3.5每年十万的。

“工资一直或多或少稳定的维持在我们加入这个行业以来的新鲜水平大约七年前。特殊表现良好的人可能在几年得到更好的提高,但主要是根据我的经验,我看到新毕业生的工资只有边际差异的时间我们现在加入,”说印孚瑟斯加入公司的员工,在2007 - 08年,要求不透露姓名。

员工补充道,“当然,我们公司投资于培训的需求和项目,但生活成本无疑了自从我加入的时候,更多的人生活在城市地铁所以。不断变化的技术要求,我们必须不断升级技能,希望我们得到正确的价值大幅提高的机会。”

据科塔克机构股票,题为“换一个灯泡需要多少工程师”,印度每年生产近150万名工程师虽然有几乎150000 - 200000年国内IT服务行业的工作。

低工资的“最大的原因是明显过剩,”主席阁下说,前印度教授,谁共同JED-i(欢乐的工程、设计、创新),一项计划,帮助培训工程师。由于供过于求,他说,很多学生从当前批不要放置在任何合理的IT公司。

“他们通常登记进入培训计划在接下来的一年左右的时间,或参加认证项目,或拿起一个临时兼职,等等,试图改善他们的资历和明年再申请,”他说。但到了明年另一批学生毕业,大多数IT公司倾向于雇佣年长的批处理而不是新鲜的批“鉴于老批饿了,因为他们已经从就业市场如此之久,而他们也稍微合格”。反过来,“这降低了公司的培训工作。所以没有压力,公司雇佣新生,他们可以保持低工资为他们想,”主席补充道。

多年来,印度软件产业已遵循了“金字塔模型”,行业的平均收入增长已经直接联系人力补充。

印度最大的软件公司建造的豪华和奢华的美国风味校园容纳成千上万的工程专业毕业生写代码和维护后台软件项目的世界500强客户。

增长率在2000年代蓬勃发展时,企业保持雇佣成千上万的新鲜的工程专业毕业生每年生成的每一个价值数十亿美元的收入。这种情况已经发生了巨大的变化在过去的五年。部门不再享受过去的爆炸性增长和企业,因此,采取了一种更保留的方式对招聘和提高员工和fresher-level薪水。

结果是一个激进的供求失衡。“学生的愿望,但就业市场在哪里?有10个十万的工程专业毕业生通过每年只有2 - 3十万的工作是可用的。他们几乎没有选择,只能选择这些公司支付工资,“dean-placements年代Ganapathy说SRM大学。

约3000 - 4000名学生从SRM大学每年会放置在IT行业。

“我们这个模型的奉承金字塔,慢慢改变。公司正在改变他们的人才战略,因为他们前进。创业公司,竞争也在不断增加,尽管平均水平工资为新生也有类似,”协会的一位发言人说。

跟踪该领域专家们说,补偿修正通常在15、16由于质量工程师短缺和过剩的需求。公司需要保护的利润率和盈利能力,他们依赖于入门级工程师和增长的本质从商品化等领域应用开发和维护支持IT服务行业的金字塔结构。

“我们期望工资修订温和从low-to-mid-teens高中档个位数。供应过剩的工程师将融入到整个金字塔在一段时间内,我们也相信新鲜的工资2.75 - -3.25十万卢比将降低或保持不变在接下来的几年里,”科塔克报告说。反过来,这已带来一个连锁反应工程学院——成百上千的工程学院全国现在面临濒死体验,与一些大学在卡纳塔克邦,安得拉邦管理停满平均100个席位,尽管总体容量2000 - 3000。

(Devina森古普塔的故事)