Wednesday, October 17, 2007

Where IT pros make the most

Indian IT professionals among worst paid in the world, says this piece in ET based on a Mercer report.

Question: Most IT professionals think, rightly or wrongly, that they deserve to be paid better. Doomsdayers periodically tell us that the end is near and Indian IT's pay is touching the skies and will touch the moon soon and that this will be the beginning of the end.

While Indian IT managers stood fourth on the ten lowest paying countries with an average salary of $25,000, Vietnam topped the list with a meagre average salary of $15,470, followed by Bulgaria and Philippines averaging at $22,240 and $22,280 respectively. The other countries on the list were Indonesia at fifth with average wages of $31,720, followed by China (Shanghai) with earnings of $33,770, Malaysia ($35,260), Czech Republic ($35,880), China (Beijing) ($36,220) and Argentina ($43,180).

Hmm, so how will the IT industry disappear to China? The salaries are already higher there no? In any case, you can banish all hopes of your job getting migrated to Switzerland or Denmark.
In terms of the best IT salaries paying countries' Switzerland topped the list with an average annual remuneration of $1,40,960. The same job if taken in Denmark, second on the list, would pay $1,23,080, the survey said


vatsan said...

the report has to be viewed along with value of the IT work done in each of these countries, not independently of them as the report does here.

Neelakantan said...

Oh absolutely. These are also, afaik, absolute dollar salaries. All it really says, is that considering US is the key market, the wage differential between India and other "low wage" countries is not much - so work is not running away to China, surely not for the wages...