ITís 10 Best pay masters
IT industry has been known for its sky-rocketing salaries. So much so that employee cost has traditionally been the biggest expense of IT companies in India.
However, the year 2008-09 was different. With global recession squeezing IT companies' biggest clients, it was time for layoffs and salary cuts. In fact, there were few IT companies which did not witness a salary cut last year.
The DataQuest survey on Top 20 pay masters reveal that from an average industry salary growth of 17% recorded in the previous year, the salary growth plunged to 1% in 2008-09. Also, for the first time in the history of Indian IT industry, salaries were reduced by up to 10%.
During such a time, it is little surprising that the leading IT companies shied away from DQ's annual survey. Country's leading IT giants: Infosys, TCS and Wipro didn't participate in this year's survey. So did the global IT giants including Microsoft, Intel, Sun Micro and EMC.
With the biggies out, it was the time for medium-sized companies to show their mettle. So, here's over to the Biggest IT pay masters of India as per DQ Top 20.
Source : indiatimes