It employees highest paid in india

1. IT employees highest paid in
India: Report

2. Contd…
IT employees continue to be the highest pa d in India, according to a report from
online career and recruitment company Monster India. IT employees got median
gross hourly salary of Rs 346, which is 24% higher than the national median. BFSI
(banking, financial services and insurance) came in next at Rs 300 per hour and the
manufacturing sector came in last with Rs 254, as per the Monster Salary Index
MSI) sectorial reports for manufacturing, IT and BFSI sectors. But were the highly
paid employees happy with their salaries? No. Sanjay Modi, managing director of
Monster India, said that the IT and BFSI sectors have always been among the highly
paid in India but noted that surprisingly , more of the employees n these sectors
are dissatisfied with their salaries than those in manufacturing.
Some 57% of the IT employees and 52% BFSI employees were satisfied with their
pay , compared to 60% in manufacturing. IT employees below 30 years earn Rs 236
per hour on average compared to Rs 450 for employees between 30 and 40, who
are essentially mid-level managers.

3. Contd…
For those above 40, normally senior level managers, the average per hour
earnings shoots up to Rs 695. Overall, 95% of the respondents in the sector
hold at least a three-year bachelor's degree.
While the earnings arhig the report also points out the stark gender pay gap
in the IT sector. Men earn a gross hourly wage of Rs 365 compared to only Rs
231 received by women, a difference of about 37%.
Foreign companies in the IT sector, which include Accenture, IBM and Cisco,
pay salaries that are more than two times higher than domestic firms such as
Infosys and Wipro, at the median. Workers with permanent contracts earn
roughly 23% more than workers with non-temporary contracts.

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