FRESHERS SALARY: PAY PACKAGE 2008 IN INDIA
December 28th, 2008 Posted by VFreshers
Freshers Package: Salary / Pay Levels in India
India is well known for its education and for the scores of students who graduate every year. Obviously, once one graduates one starts looking for jobs. What is of paramount importance is the company and the salary package that one gets. The situation is extremely difficult as there are lots of people vying for the same position.
Graduates from various different streams apply for jobs in several big multi-national companies as well as several renowned Indian companies. These companies include Tata, Reliance, wipro, Accenture, Infosys, Hindustan Lever, HSBC, Deloitte, Google and several more.
All these figures are in lakhs per annum (Indian rupees) unless otherwise mentioned. The figures indicate salaries paid for a fresh graduate within the last two years.
- Accenture 2.1 to 3/3.1
- Adobe 5.7 to 8.52
- Airvana Networks 4.2
- Alstom 2.75
- Amazon 7 to 8 (IIT)
- Aricent(Flextronics) 3.5, 3.75 (IIT)
- Ashok Leyland 3.25
- Attrenta 4.5
- Adventity 8.6
- Alstom 3+
- Amdocs 3.7 to 3.9/4
- Atos Origin 3
- Avaya 3 +
- BEL 4 (before the 6TH pay commission)
- Birlasoft 2.0
- Capital One $59,000 (US posting open only for IIT)
- Caritor 2.0 2.75
- CISCO 4.0 to 9.0
- Computer Associates 4.5 to 6.5
- Capgemini 2.4 to 3
- Cybernet Slash Support 1.6 to 1.89
- Cash Systems $ 72,000 (IIT)
- CSC India 3.2 to 3.6
- DCM Technologies 2.48
- DE Shaw 6.0 to 9.5, 10 LPA(IIT Kharagpur)
- Deloitte pay package 4 to 5, 2.1 LPA for an MBA fresher
- EDS(Mphasis) 3 lakhs
- Ericsson 3
- Evalue Serve 3.10 to 4.01(IIT)
- efunds 2.5
- Fiorano 5.0
- Flextronics (HSS) 3.0
- Freescale 4.5 to 5.5
- Futures First 6.4 (IIT)
- Galpha Labs 1.5
- Globalogic 4
- Google 12.0, 14(IIT Kharapur)
- GE 3.0 to 5.3, 4.75 CTC(IIT)
- Grail Research 6
- Grapecity 3.8
- HCL 2.0 to 3.0
- Hexaware 2.1/2.2
- Honeywell 3.67 to 4
- HLL 7.2 (IIT)
- HP Labs 3 to 3.5
- iGate 2.04
- ITC 8+ (IIT)
- IBM 2.85 to 3.0 (IIT)
- IBM Software Labs 5.3 – 5.9
- I-flex 2.2 – 2.7
- Impulsesoft 4.5
- Interra Systems 4.6
- Intergraph 2.88
- Integra 6
- Induslogic 4.2
- Infosys 2.2 to 3.6
- Informatica 5.5
- Inautix 2.75
- iRunway 8.5L (2L bonus per year)
- Ivy Comptech 4.5 to 7.92
- Kanbay 2.7
- Kritical 5.6
- Kotak Mahindra 4.5 (IIT)
- Lee specialities $ 29,000 + benefits (IIT)
- L &T 3.25
- L&T Infotech 1.8 to 2.2 in training 2.95 after training
- Magma DA 6.42
- Manhattan Associates 5.5 (IIT)
- Mckinsey and Co 8+
- MBT 2.5
- MENTOR GRAPHICS 8-9
- Microsoft 6 to 9.12 (BIT),14(IIT)
- Mindtree 2.55
- MindTree CTC 4.75 (IIT)
- Misys 4.35
- Morgan Stanley 7+1(bonus)
- Motorola 3.6 to 4.0 (IIT)
- Nucleus Software 3.0
- NCR FSD 3.0
- NTPC 5.5
- NVidia 6 – 7.4, IIT Kharapur 8LPA CTC
- Net App. 11.4 lakh per annum
- Onmobile 4.4 (IIT)
- Oracle 4.2 to 5.8 (NITs/BITs); 6 (PG + IIT)
- Oracle 8 to 10.5 IITs
- Pangea 3 5
- Patni 1.7to 3.00, IIT Guwahati offered 3.5 LPA
- Perot Systems 2.5 to 2.8
- Persistent System 3.5
- Polaris 2.0
- PWC 3
- PWC 4.5 + bonus -20%
- ReadyTestGo 1.67
- Redpine signals, hyd. 4.5
- Rocsearch 5.2
- SAP Labs 4.0
- Schlumberger 8 + Upto 35 (in IIT)
- Sasken 2.0, 5.1 lakh (BHU/IIT)-take home is 39,000
- Samsung 4.6, IIT Kharagpur 5.8-6.4
- Sapient 2.75 to 4+
- Satyam 2.25 to 3.25
- Siemens 2.75
- Sonata 2.2 to 2.5
- STM 4.5 to 4.87
- Sun Microsystems 5.0
- Syntel 2.6 to 3.4
- SSA Global 3.4
- Texas 5.81-5.58, M.Tech 6.90
- TATA Steel 4.5
- Tata Elxsi 1.9
- Tavant 3.6
- TCS Some Colleges 3.15, 3.65(IIT/NIT)
- T-Mobile 8.0
- Transwitch India Pvt. Ltd. Gross 6.25 LPA +
- AMTS (VLSI) Gross 6.25 LPA +
- AMTS ( SW ) Gross 6.25 LPA +
- Trilogy 7.5 to 8.1 (IIT)
- Tech Mahindra 2.6
- Teradata 2.8 to 3.1
- Torry Harris 3.0
- Trident 4.2 (IIT)
- Verizon 3.0 to 4.0
- Veveo India Pvt Ltd. 10.00 L + BENEFITS (IIT Kgp)
- Virtusa 2.4
- XILINX 6.0
- Yasu Technologies 3.45 (IITs)
- Yahoo 6.75-8.75
- Wipro 2.3 to 3.1 , 3.2- 3.45 NIT/IIT
- ZS Associates 6 (IIT)
Of course a lot of it depends on your skills, marks and the institutions you have attended and how you can sell your skills. If you can communicate effectively in English then you can bargain for much more. Also your performance at the interview plays an important role.
Note: If you have the latest figures for any of these firms or any other company, please feel free to comment below and we will udpate this list of ours. If your company is missing from this list, just comment below and we will add it. Thanks !!
December 29th, 2008 at 6:35 pm
lanco
December 30th, 2008 at 4:21 pm
With Schlumberger (8+ p.a. at IIT)giving these good packages,the scope in mechanical ,mining and exploration geophysics departments can t be ignored.It is hoped that a lot of students wud pursue these courses after coming to the most coveted IITs.
January 13th, 2009 at 11:36 am
Thomas Mount .69 (69 k pa) for B.Tech/MBA
January 25th, 2009 at 10:59 pm
SYNTEL offered 4 LPA and 1 Lkh retention bonus at NIT’s
January 25th, 2009 at 11:00 pm
Syntel offered us 4 lpa and 1 lakh retention bonus at NIT’s
this is not to confuse private colleges ..their package was 2.6 lpa
April 8th, 2009 at 1:25 pm
But now freshers are lucky to get a job
And during recession you are very very lucky if your freshers packages exceeds 50K per year..or about Rs4000 per month.
April 13th, 2009 at 9:50 pm
MphasiS – 2.5 for fresher plus 50000 bonus at the end of 2nd year
April 13th, 2009 at 9:54 pm
Mphasis – 2.5 per annum & 50k bonus at the end of 2nd year
May 17th, 2009 at 4:40 pm
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May 28th, 2009 at 11:02 pm
[...] salary, perks and the constant incentives will be far better than in the government sector. But, the rat [...]
June 24th, 2009 at 3:18 pm
[...] who opts for this sector is assured of a lot of things for years to come. This will be a good salary, perks, job security. What more could a fresh graduate want? AKPC_IDS += [...]
June 29th, 2009 at 4:28 pm
Please Add “Intuit” in the list. It offers a package of 8.2 lacks.
For Oracle:
Oracle SSI (4.5-6.3) Depending on the college and course.
Oracle Apps (6.38)
Oracle ST Btech: 8.0 Mtech: 8.5.
Thorogood Associates: 7 Lac
Bank of America: 5.0
Amazon: 10 lac
Net Apps : 11 lacs
Geodesic: 5.5
HSBC: 5.5
Goldman Sachs: 6.7
Novell: 6.5
ZS Associates : 9.1 (in NITs)
Will Come up with few more very soon..!!
July 15th, 2009 at 3:40 pm
Sutherland Global Services: 1.7LPA take over + 30k incentives per year
July 16th, 2009 at 5:59 am
Any info. about JP morgan chase India, Bangalore
August 28th, 2009 at 11:46 am
What is the avg salary of Alcatel-lucent ?
August 29th, 2009 at 1:38 am
Hi irunway offered 5.5-6lacs including bonus there but I hear joining is delayed to year end
September 6th, 2009 at 10:38 am
[...] rewards. In today’s uncertain job market the legal profession offers you the best paid jobs. The salaries and financial rewards of people in this profession have been rising [...]
September 7th, 2009 at 1:05 am
[...] who went on to start their own firms state that down the years the salaries for fresh graduates has come to become 10 to 12 lacs which is not a mean [...]
September 8th, 2009 at 8:14 pm
[...] and even the celebs you have always craved for. With 9-12 days off in a month & a glamorous salary package at the end of 30 days, it’s a highly lucrative career [...]
September 11th, 2009 at 2:46 pm
i am waiting for my Tech Mahindra joining since Aug 2008.I am still waiting.
I dont know where my future hangs
September 12th, 2009 at 11:40 pm
[...] whatever is the remuneration, the virtuosity learnt at the end of the day is worth the attempt. AKPC_IDS += [...]
September 16th, 2009 at 10:29 pm
[...] it a fresher, or a mid-career professional, salary hike is desired by every individual. Thus, highlighting yourself as an indispensable candidate for [...]
November 20th, 2009 at 8:13 pm
ITC is paying Rs10.2 lpa this time for IIT Grads..
January 11th, 2011 at 11:49 am
i m BE passout &
i wanna know about bank of america about opportunity ,salary, & future scope