Salaries going insane

[Sachin Patil]

Originally posted by Pradeep Bhat:


Development? Forget it.

Why they dont have development centres in India ?

[Pradeep bhatt]

Originally posted by Sachin Patil:


Why they dont have development centres in India ?

I think most of the development happens in US but there could be some development work in BEA. I would suggest you to attend an interview. Usually Support teams get more bonus than developers.

[Arjun Shastry]

Originally posted by Sachin Patil:

Why they dont have development centres in India ?

Many have Oracle,Microsoft,Adobe,Sun,Lucent,Novell,HP,Google,Yahoo,AOL etc.Many of these companies have tieups with some research centers like CDAC/NCST.Some amount of coding/design is definetely done in offshore shops.

[Mittal V]

Just wanted to know, what kinda work is there at Daimler-Chrysler's Bangalore division. And waht is their current strength...
I am searching for some contact thre, so that I can apply into that company. I know they have some openings matching my profile....

[Arun Prasath]

Originally posted by Mittal Vaibhav:
Just wanted to know, what kinda work is there at Daimler-Chrysler's Bangalore division. And waht is their current strength...
I am searching for some contact thre, so that I can apply into that company. I know they have some openings matching my profile....

I dont know about the kind of work. But employee strength: 180

[Mittal V]

Thanks Arun for the info..

Just to add to the info, few of my friends... Hopped 6 jobs in last 3 years.. (total Experience is 3-4 years).. and they are getting in the range of 9-11 LPA right now.
All of them always worked for big brand names (to name a few, GE, HCL, Accenture, Techspan, NESS, Sapient, Morgan etc...) I am happy for them...
but some times wonder, would they stick to the one they have recently joined.. And do Software companies not consider the stability of the candidate they are recruiting....

I don't know, how they cope with the question : "Why do you want to change your job" .... or may be, it has become a fashion to ask this question in the interview.. but the answer really does not make any difference ...

Just my thought..

[Clint Felix]

psst .. macromedia plays big too. in bangalore

[Clint Felix]

psst .. macromedia pays big too. in bangalore

[M JJ]

Originally posted by K Varun:


Yeah it's happening. Some are getting close to 9L also with 4 yrs of experience.

Oooh !! 900K INR for a guy with 4yrs exp !
I must say these are exceptionally rare exceptions. Believe me, this figure is highly exaggerated. Or, is it that something about the candidate's profile was left out of context - like an MBA degree or returning from overseas office of an MNC ?

I've seen a couple of guys who completed their MS, joined HP/Intel in US and then opted to come to India office. With total exp of around 4yrs after MS, they have got figures like 9-10 L INR p.a.

my own exp is 5 1/2 yrs and my package is little over 7.5L. I've worked in 3 diff companies 3 cities in last 2 years : B'lore, Chennai, Mumbai - that is Bombay). 2 out of these 3 cos are $1 billion club companies and the other one is around $150M. I've also seen around 5-6 of closest friends changing jobs - but I've never seen or heard anyone getting those kind of figures.

[Mittal V]

I must say these are exceptionally rare exceptions. Believe me, this figure is highly exaggerated. Or, is it that something about the candidate's profile was left out of context - like an MBA degree or returning from overseas office of an MNC ?

I think you missed my post ... ..
I too think these are exceptions.. but IMO these are not rare now...
and in my post, atleast , i did not miss anything very specific about the profile of my friends. ..

[Arun Prasath]

When looking at all these companies who are offering extreme pay, most of them remain silent and dont make much noise in the air. I mean they dont publicise themselves. I think most of them recruit through referrals.

[Arjun Shastry]

Originally posted by Arun Prasath:
When looking at all these companies who are offering extreme pay, most of them remain silent and dont make much noise in the air. I mean they dont publicise themselves. I think most of them recruit through referrals.

I think Yahoo! India/AOL India are among them.AOL India was offering 6.5 Lakhs/year for Linux/Unix Admin with 2/4 years experience 6 months back.IMO,global companies who have opened the shops here for purpose of outsourcing remain silent on publicity/advertising fearing of backlash in their country of origin.Thats the reason they recruit through referrals.
Some of the companies I can list who give 'extreme' pay:
1)Trilogy
2)Yahoo!
3)AOL
4)IBM
5)BEA
6)CGI
7)Intel

[Manish Hatwalne]

Originally posted by Arun Prasath:
When looking at all these companies who are offering extreme pay, most of them remain silent and dont make much noise in the air. I mean they dont publicise themselves. I think most of them recruit through referrals.

No company would make it public!!!
Salaries these days are negotiated on individual basis and stictly treated as confidential, they wouldn't want internal frustration!

- Manish

[Mittal V]

Originally posted by Arjun Shastry:

Some of the companies I can list who give 'extreme' pay:
4)IBM

I never heard that IBM is good paymaster ? ..They pay just okay.. And the kind of total strength they have in India, I don't think, they can afford to pay that much. Infact one of my friend worked with them for almost 3 years..(joined throught campus) and left it a few months back.. he was getting around 4LPA... even less than what his batchmates were getting in TCS. Even this year, IBM has not made any great offers in the campus placements. something in the range of 2.5 LPA....
I am quoting the salary offered in the campus placements, just b'coz, that is the only place, where you have an exact figure, without any negotiations..and gives a true picture of an organization.. after a few years of experience, it totally depends on the law of suppy-demand and ones personal negotiation skills.. for companies like IBM.

IMO, all the companies which have been discussed so far as good pay masters, are not having very large scale operations here in India. mostly they have small to mid size facilities. and true... these companies don't make big news..

BTW, anybody knows about TRIDENT, they have offered 6LPA in campus placement in my college this year.

[Arjun Shastry]

Originally posted by Mittal Vaibhav:

BTW, anybody knows about TRIDENT, they have offered 6LPA in campus placement in my college this year.

6 lakhs per annum from campus?
Which college by the way?I was under impression that only Texax Instruments is a pay master when it comes to campus offers.

[Mittal V]

Originally posted by Arjun Shastry:

6 lakhs per annum from campus?
Which college by the way?I was under impression that only Texax Instruments is a pay master when it comes to campus offers.

I am from DCE.... BTW, Cadence also offers almost the same.. TI is in the range of 4-4.5 LPA...ST Micro is same .. 4- 4.5 LPA..

And there are few FMCG and Oil giants, that pay more than IT copmanies in Campus.. HLL/HLS are two of those. more than 6 and 8 LPA respectively.

[Pradeep bhatt]

I never heard that IBM is good paymaster ?

Right.

[Mittal V]

Any one knows about TRIDENT ? where it is located.. what domain ? website ?
I could not get any details about this ?

[Abhi Parashar]

Adobe pays upto 6 lacs for freshers...

[Kripal Singh]

I that case they might be hiring cream of IIT engineers .

Originally posted by Abhi Parashar:
Adobe pays upto 6 lacs for freshers...