Following content was posted by reader Raj as a comment to the article How Much Money do I Make (and Save).
Surplus Human task force BUT lack in talent (INDIA) why ? why ? why ? why ?
India in not exception to diversity in pay packages, An average Indian fresh IT graduate may not get any SALARY at all for his first 6 month.
He is kept working as trainee or even ff get they get 15K-20K Indian rupees (per month) = $200 is even not sufficient to afford rental accommodation in metro CITIes where these companies operate (leaving meals apart),
For Accommodation you need to pay 2 months salary as rental advance and upto 1 year advances in some cities like “Bangalore” to start carrier.
From there they start their careers hard innovative journey in these Indian IT companies whose savings directly goes to top managerial people’s pockets who are generally not billable by us clients as opposed to he ground level software employee(worker).
Bill Gates often call them as skills. ie to say A grass level employee (Engineer) implicitly keeps company ruining along ALONG with the top-level managers.
On an average for every Indian Engineer in Indian IT company billable by us client there are three non billable Managers that feeds on Engineers Salary.
Engineer only controlled by managers whose task are generally not related to computer by any means say (attendance, compliance logistics etc)
Theses manages often thrive for innovation and creativity in organization.
They control regulate the Workers appraisal process (not related) and company policies often not liked/understood by Indian Workforce engineer and they(Engineer) often switches to new companies every 1-2-3 years
That reason Indian companies heads in cheap and surplus labor task force but lack in talent pool (creamy layer) is because of bad managerial policies/decisions often not rational and related.
I posted the following question in Facebook Fanpage after reading the above comment
Entry level IT engineers in India – Are they content with salary, living conditions, job, company etc?
Here are few comments from HSB fans.
no as said before………max one takes home 20k per month …..then accommodation + food expenses + mobile bills + fuel and others ….one ends up spending more than 20 k
end of the day we give our best for nothing
20K is for who get placed via campus in MNC’s. Freshers who get who get job in small IT companies mostly get around 7K to 15K. A friend of mine is working for 5K
Kalyan K. Das
The Qs is not about being content, it’s about option/choice which fresh graduates don’t have in INdia.
SALARY: Unless you’re an IITian or any high profile Tech University product, MNCs offer no more than 25k pm and as said by Mr. Kumar some Graduates also hv to do with less than 10k pm. You may get better offers once u r experienced but until then you’ll have to be content with what you’re getting, simply coz you don’t have any other choice.
JOB/COMPANY: No one in IT loves their Job or Company. It’s a fact, people do it just bcoz they need to. You’ll see Chemical/Electrical/Electronics/mechanical/civil … even Biotech students end up in IT companies.
WHY? — They don’t have time or Support to follow into their fields. They have to hold on to what they’re being offered RIGHT NOW. And lastly LIVING CONDITIONS: Let’s not even talk about that…
About IT Services Company
Entry Level IT engineers are paid like 5k to 25k per month here in India.
Probably their client from USA might be paying them $2500 to $6000 per person.
Well, thats the state of IT services company.
Whats is your view about State of Indian entry level IT engineers?
Do you really love your job, satisfied with your salary and get the freedom to work on projects that you love to do?
Do you agree to above comments?