Re: Indian IT Industry
Posted: 08 Apr 2009 12:51
Just for reference sake....previously what was the usual amount paid p.m. to freshers during initial training period?
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3-4K p.m higher than the non IIT SDREs in oily co...The IIT/ NIT guys earn 20% than the non-IIT untouchables on joining itself.Raja Bose wrote:How much ballpark do the Eye Eye Tea BTech fucchas pull for same kind of training period in same kind of company?
sir,online training in above cases are before joining and after the uselessSingha wrote:DOJ means a month or two of kissing by the HR followed by being asked to stay at home and do online training on a small stipend or will they be retained in the office and given the freebies like seats and computers?
This does sound pretty bleak for the workforce thats coming out into the world. So basically a RCG ITVity SW engineer pulls in around what a call center operator does. Bummer.negi wrote:![]()
Bhai log if what you guys are saying is true then the situation is pretty bad . I mean 15k PM in 2009
![]()
. And then beebul complain IT VITY make lotsa money .
. Some one needs to tell those folks that not everyone works for the Gorilla
.
They are getting 6K/pm for login from home!!!!Singha wrote:news from a noted lighting/IT/oil co:
- freshers paid 15k/pm over 2 month training
- then they are paid 6k/pm and told to login from home and do online training modules until they are placed on projects- freshers need to pay a cheque of hefty amt which is held as security deposit
should she depart before 18 months. iirc 60k.
for current experienced employees on bench
- 50% of pay onree
- asked to be in office 2 days/week onree to save on seats, water, tea, coffee
& infra costs
15K for freshers is the standard across the IT industry in India ... all Indian services companies pay in that range ... its mostly the MNCs who have setup operations in India that pay astronomical salaries that get quoted in newspapers .... But then IT is (was ??) still one of the best paymasters in the Indian corporate sector ...negi wrote:![]()
Bhai log if what you guys are saying is true then the situation is pretty bad . I mean 15k PM in 2009
![]()
. And then beebul complain IT VITY make lotsa money .
. Some one needs to tell those folks that not everyone works for the Gorilla
.
Isnt the salary range same for Amriki MNCs also in the >8-10 yrs range due to smaller increments compared to Desi MNCs?0-1 year - trainee- 15K
1 year - 3 year - SW Engineer - 30K
3-5 Module Lead/SSE (team of 4) - 60K
5-7 Years - Project Manager (team 5-20) - 90K
7-9 Years - Senior Project Manager (team 20-50) - 110K
8- 10 Years Business Manager/Group Project Manager/Engagement Manager/Account Manager (team/account/projects - 100-150) - 150K
I don't get this one... Why not just get terminated and say that Wipro terminated me because my contract ran out. Nothing wrong in that. What is this torture they speak of?Muppalla wrote: Vandana , Bangalore , says: Labour laws in India are insufficient and so is the unity among the IT people. My husband recently got laid off from Patni, he was at the client side whole year and he has the ratings from there saying exceptional, still he was forced to resign. They torture people, make them resign else say will terminate. Because we feel alone we sccumb and resign and are left on our own. Hope some one is listening and improves labour laws and gives protection to the people who are made victims. Can TOI help people and take an initative here.
[8 Apr, 2009 | 1401 hrs IST]
Dude admits he didn't have the technical knowledge for the company he was sent to. Instead of sitting down and breaking out the books like a good boy and acquiring the technical skills he needs, the guy sits in the corner and mopes about for two years claiming verbal abuse. And he admits he can't quit because he doesn't have the technical skill to get a job anywhere else (Now that smells like he got the Wipro job through some inside help). Now he wants to know why people with less technical know-how are still working in the team lead. Maybe it is because those guys are willing to sit down and read up on stuff that they don't already know about and perhaps because they're paid less because they didn't lie about their skills in the interview phase.vijay kumar [/b], Chennai , says: Employees of Wipro Technologies are being laid off as projects are not present. As it is well known that whenever employees are laid off in companies like Infosys and Wipro usually media takes over and then the layoff plan is postponed. So now Wipro is laying their employees in small numbers every fortnight so that this does not come into media light. My layoff story: I was selected nearly two years back as lateral entry. My previous experience was counted and was told that the environment given will be good and that I will be provided with a cutting edge technology work domain. Further my knowledge was well appreciated at the interview. After I was alloted a project I was treated badly and even a PC keyboard was lifted to physically abuse me. My fault was that I was not knowing most of the technical knowledge which was being used in this company. For the next two year I was given verbal abusement and was kept on bench as a punishment (sometimes in between). All these remarks made my life miserable. I even wanted to quit but due to lack of technical knowledge was not able to do so. When slowdown occured, I was told to resign voluntarily and reason given was that projects are not available and I am in freepool for a long time. Also if background checking of my profile was done then I will come clean. I asked for sometime to give resignation and was accepted but nothing was given in written by the HR department. I was shouted at by the HR department when they came to know that I am ready for voluntarily resigning. What I fail to understand that some people who were even lower in terms of technical know how are stil working in the team lead position and that there job is secured.
[8 Apr, 2009 | 1305 hrs IST]
Vinay Syal , Canada , says: When the going was good most of the mediocre techies enjoyed and kept on getting the salaries even constituting the bench strength and this salary level was much higher than the normal salary structure in the country. And let us admit it most of these people never deserved the kind of salary they were getting. So why to blame these IT companies now. Now when the going is tough only the good people will survive so the good professionals need not worry. They will always be in demand whether within the country or outside the country. Class will be respected and required every where and any time.
[8 Apr, 2009 | 1335 hrs IST]
Renjith , Bangalore , says: I do agree that companies should give some time to the employees to find an alternative job..Employees when they find better oppertunities, when they find better salaries, they do jump right? Then what is wrong with the companies doing the same when they face a situation? One may argue that the company is laying off employees who are potentially loyal to the company..but in my view mainly all of them look for sub-standard performers and try to reduce their numbers..
[8 Apr, 2009 | 1334 hrs IST]
150K pm is low for an American product company for the 8-10 years range. It will be more like 200-250K with high potential people getting 250-350K PM. Equivalent salaries in US for these positions will be 130K-200K/yr.sum wrote:Isnt the salary range same for Amriki MNCs also in the >8-10 yrs range due to smaller increments compared to Desi MNCs?
They may start off higher but by 8-10 years, isnt it all the same for Desi and Amriki?
Cosun purchases Freescale's cell phone chip business
Apr. 9, 2009 (China Knowledge) - Cosun has acquired the cell phone chip business of Freescale Semiconductor Holdings I, Ltd to obtain 3G and 4G technology patents, sources reported, citing an insider close to the situation.
Qiao Xing Mobile Communication Co Ltd<QXM>, a subsidiary of Cosun, has reached an agreement with Techfaith, which will provide WCDMA and EVDO solutions for 3G phones.
In September 2008, Rich Beyer, CEO of Freescale, announced that the company planned to sell its cell phone chip business.
According to the source, Wu Zhiyang, the chairman of Cosun, went to the U.S. to discuss the acquisition with Freescale, but the chairman's office did not give any detail regarding the visit.
Cosun currently has four research centers in Beijing, Shanghai, Huizhou and Shenzhen. The Beijing center mainly focuses on mobile phone R&D.
True...i didnt experience thatVikasRaina wrote:Sum, Are you sure people are getting ~60K with just 3-5 years of experience. Looks pretty high to me but then I maybe underestimating the salaries in Desh.
Wow....Thats a huge amount, if true..150K pm is low for an American product company for the 8-10 years range. It will be more like 200-250K with high potential people getting 250-350K PM.
As usual great summary. I have seen people managing 2 promotions in 1.5 years by just being at the right place at the right time. If you are talented then your fast rise is assured. 8 years and 100 people under you..no issues.Singha wrote:the 'rise' (in designation, team size) in good times was so vertical there is simply no role or headroom for a lot of people to 'grow' within the org now. many were promoted well beyond their abilities because the co was growing fast or because they were chums/few offered 'services' to higher ups to secure their future.
these people have nowhere to run now - they cannot become hands on engineers or solution architects - they left being technical way back after a few yrs in the workforce and move to people and client management.
senior GIs will always have some value in product cos and generally the managers too
tend to be more technical although they are equally into nepotism and chummy politics often.
the services cos will have to trim down by 30% and freeze all hiring for a few years until
things settle down probably. chasing out exp people to replace with stipended freshers
will lead them further into disaster.
the indian fetish for chasing team size and designations as a mark of self-worth at its finest.
Typically a 2 or 3 tiered system. Trench level mujahids get billed at one rate, managers/specialists etc another. Archs, niche consultants will probably command industry rates. There won't be many of them anyway.Singha wrote:do services co change the billable per hour depending on the experience, reviews and certifications of the employees or is always a flat rate for the entire staff deployed at all levels on a project - ranging from freshers to old veterans?
Is this a SDRE problem since i havent seen a single IT-vity techie being happy. Is it the same in Massa?nobody seems to be really happy with their current status/designation and work.
This is my take and i think it definitely applies to service companies:sum wrote:Is this a SDRE problem since i havent seen a single IT-vity techie being happy. Is it the same in Massa?nobody seems to be really happy with their current status/designation and work.
Yes, talking about just 8-10 years experience for product companies is not the whole story. In product companies, the payscale and career progression is not linear, plus it varies depending on whether the company wants to pay at the 90th percentile, the 50th percentile or somewhere in between.Singha wrote:well there are plenty of techie people in product cos in the 20-30L bracket. and some in the 30+ too. however the 8-10 yr time mentioned is imo well below the median to earn
such salaries in a "normal" bideshi product co. I would think 10-20 is more like it.
Yes, it appears to be a SDRE problem. The heavy taxation in India and resultant lower pay compared to other non-salaried professions may have something to do with this. Here in the US, we often have to find creative ways of motivating people (desis included) after they start making about 200% of the median household income.sum wrote:Is this a SDRE problem since i havent seen a single IT-vity techie being happy. Is it the same in Massa?nobody seems to be really happy with their current status/designation and work.
IMHO, very unsustainable pyramid.CalvinH wrote:Good times (typical IT services company)- Salaries mentioned are when you leave the band
0-1 year - trainee- 15K
1 year - 3 year - SW Engineer - 30K
3-5 Module Lead/SSE (team of 4) - 60K
5-7 Years - Project Manager (team 5-20) - 90K
7-9 Years - Senior Project Manager (team 20-50) - 110K
8- 10 Years Business Manager/Group Project Manager/Engagement Manager/Account Manager (team/account/projects - 100-150) - 150K
Average age when you reach the last level - 30 Years with just a BE degree. Lets talk about starting salary.
Well said. What I see now is that the desi IT cos are hell bent on killing their own delivery competencies. That's a starter however.Singha wrote:the 'rise' (in designation, team size) in good times was so vertical there is simply no role or headroom for a lot of people to 'grow' within the org now. many were promoted well beyond their abilities because the co was growing fast or because they were chums/few offered 'services' to higher ups to secure their future.
these people have nowhere to run now - they cannot become hands on engineers or solution architects - they left being technical way back after a few yrs in the workforce and move to people and client management.
senior GIs will always have some value in product cos and generally the managers too
tend to be more technical although they are equally into nepotism and chummy politics often.
the services cos will have to trim down by 30% and freeze all hiring for a few years until
things settle down probably. chasing out exp people to replace with stipended freshers
will lead them further into disaster.
the indian fetish for chasing team size and designations as a mark of self-worth at its finest.
Not really. The idea is to keep the cost low at bottom and drive the seniors to take more responsibilities. Both works ifSRoy wrote: IMHO, very unsustainable pyramid.
Now, one challenge thrown to the Indian delegation was the billing rates of the engineering efforts. It was brought to our notice that our chaps in Hungary, Czech Rep., Romania and Poland were billed nearly as their Indian counterparts while East E retain the advantages like proximity to West European market. Plus it was pointed out that their structure does not permit such a fast movement up the hierarchy, hence cost factors is valid for a long period compared to ours.
However, what clinched the issue in our favor was the fact that team lead and up their cost was 4 - 5 times higher than ours.
The takeaway here is unless we rationalize our org structures in India we will begin to lose advantages of cost arbitrage.
Fair enough. I apologize. Post edited.Eshwar wrote:Sriman,
Stop this b*** s*** of "Hindu growth rate". I am amazed people who have been in BRF for such a long time still use such phrases. It is offending to say the least. You might feel cool strutting out such inane phrases, but trust me, it shows your utter lack of respect for your ancestors and what all they achieved.
*fuming*
I have fought with many people (including online news reporters) who think they are cool if they use this phrase. Please put a stop this utter non-sense. The original "Hindu rate of growth" is the actual commie rate of growth. The commies have successfully morphed it into this and "cool" people are trying to be "cool" using it.
The challenge is to maintain a bottom layer i.e. engineering strength that sticks to tech work for a long time. this is problem in India at-least.CalvinH wrote: Not really. The idea is to keep the cost low at bottom and drive the seniors to take more responsibilities. Both works if
1. You have a tons of people minted out of engineering colleges every year
2. People are ready to slog out for growth
and both will be there for some time.
What you said is true. However, to add to the above...CalvinH wrote: Cost arbitrage with East Europe is just for popular consumption and not a real threat. For specific scenarios it may be but east Europeans countries doesnt have the scale and without it you cant build maturity/breadth in service. If you look at the number and different type of technologies/tools/platform/processes/domains supported by Indian service companies they will be more then the total number of IT qualified east Europeans combined. What I mean is that you are a VP in a massa company and have an old application running for no issues for many years which suddenly start to show problem and now require one FTE to support it before they can work on replacing it with a cheaper solution. The company have support contract with large Indian IT service provider. all that VP has to do is to pick the phone and contact the AM. Someone will be onboard in a weeks time in offshore and will start delivering with Indian company taking total bottom line of the risk. That’s some flexibility which no other country can provide you at this time or will be able to build it in another 30 years (china being one exception)
Let me give my take on this. Having been a trench mujahid for a few years, I have seen and heard of this.sum wrote:Is this a SDRE problem since i havent seen a single IT-vity techie being happy. Is it the same in Massa?
sum wrote:Is this a SDRE problem since i havent seen a single IT-vity techie being happy. Is it the same in Massa?
It happens when one has not done any real work in the formative years in the first place. All of a sudden they realize they don't know enough (or nothing) about their domain, they are out of touch with latest technological advances.VikasRaina wrote:sum wrote:Is this a SDRE problem since i havent seen a single IT-vity techie being happy. Is it the same in Massa?
After few years in trenches, you realize that this train ain't going nowhere. Then the sense of no-achievement creeps in after initial rush of doing great stuff.
SRoy,SRoy wrote: Then there of course is the case of real tech interest. How many desi techies do weekend work out of interest? Programming or even reading publications anyone? Are DSL lines only for downloading p o r n?
I usually have my weekends busy, tuning my dual boot Debian/FreeBSD laptop, working on a SIP app server in C++, and working on my sales presentations or drafting tender responses. Not all of them simultaneously of course.
Its rewarding.