[Ilugc] Is the proprietary camp winning ?
- From: linux@xxxxxxxxxxxxxxxx (Suresh Ramasubramanian)
- Date: Thu Oct 12 15:03:26 2006
Binand Sethumadhavan wrote:
Still pretty decent! On an average gross sal is around 50-60% of CTC
Probably includes ESOPs, perf-linked bonus etc. too. 9l for a fresher
is unbelievable anywhere in India (unless your are from an IIM). :) In
tech, for non-IIT types, I think the norm would be more like 3.6-6
range depending on the company/location.
Well - if its 6l a month (and assuming M$ is skimming the cream of the
university and paying at the higher end of the range) .. that's more or
less 60% of a 9l salary.
Yes, probably does include all the other inflationary tactics that go
into creating an impressive looking CTC while actually giving far less
to the poor sucker who believes that figure .. [a lot of those can be
collected only after a long, long period of service + with strings
attached]. But still a far more decent salary than I've seen at most
places ..
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