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Information Technology Sector
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Payroll Home » Compensation » Indian Industry » IT Sector
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Indian IT industry is witnessing a high growth rate. The sector is recruiting more and more technical and professional people. The growth rate of recruitment in the sector has been observed as 14.5%. With the immense recruitments and high attrition rate, organizations focus on higher competitive packages. The average increase in the salary during 2006 was reported as 16%.
The compensation package for an employee is based on various factors such as his/her educational level, relevant experience in the industry, job’s position in the hierarchy, skills and attributes and job related technicality. The average salary offered as per the experience level of the candidate is as follows:
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Figure: Average salary offered in IT Sector Based on Experience
Dataquest-IDC has recently reported following as the top 20 highest salary payers in Indian IT sector.
- HCL Infosystems Limited
- Hexaware Technologies
- RMSI Private Limited
- Cadence Design Systems
- Tata Consultancy Services
- Aztecsoft Limited
- Nucleus Software
- Induslogic
- Kanbay International Inc
- Cybage Software Private Limited
- Accel Frontline Technologies
- Geomatric Software Solutions Co. Ltd.
- Sierra
- Flextronics
- Computer Sciences Corporation
- Interra Systems
- Sasken Communication Technologies Limited
- NIIT Technologies
- Wipro Limited
- Infosys Technologies Limited
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