Compensation & benefits assignment

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Compensation & Benefits Presented By: Shubham Singhal 80303120053 NMIMS, Hyderabad

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Transcript of Compensation & benefits assignment

Page 1: Compensation & benefits assignment

Compensation & Benefits

Presented By:

Shubham Singhal

80303120053

NMIMS, Hyderabad

Page 2: Compensation & benefits assignment

Introduction

• About IT Industry

• About the Project

• About the methodology used in the project

Page 3: Compensation & benefits assignment

Compensation & Benefits of IT companiesData & Analysis

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Criteria: Software Engineer, Employer Name

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Graph Observation

Lower Limit Higher Limit

Lowest salary 199021 427272

Lowest salary company Capgemini

HCL Technologies

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700000

237718296443290406

213707243375

199021

313228

237566

574674

289788260867264000249302

300000236556221597

355495

Salary Lower Limit

Page 6: Compensation & benefits assignment

Graph Observation

HCL T

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Oracle

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Higher Limit Lower Limit Higher Limit

Highest Salary 574674 1590111

Highest Salary company

Cisco Systems Oracle

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Graph Observation

Lower LimitHigher

Limit

Lowest salary 2000 1.6

Lowest salary company Wipro

HCL Technologies

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Bonus

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Graph Observation

Lower Limit Higher Limit

Highest Salary 136650 2.3

Highest Salary company Cisco Systems Capgemini

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Vacation Weeks

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Criteria: Senior Software Engineer, Employer Name

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  Lower Limit Higher Limit

Lowest salary 258767 718523

Lowest salary company Capgemini Infosys

Lower Limit0

100000

200000

300000

400000

500000

600000

Senior Software Engineer - Lower salary limit

HCL Technologies Accenture Infosys

Wipro Technologies TCS Capgemini

CSC IBM Global Services Cisco Systems

Cognizant Syntel Aricent

Satyam Computers Ericsson Techmahindra

Birlasoft Oracle

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HCL T

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Oracle

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Higher Limit

Lower Limit

Higher Limit

Highest Salary 493581 1444233

Highest Salary company Ericsson Oracle

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Comparisons

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Comparison of Salaries vis-à-vis Industry StandardCriteria: Software Engineer, Employer Name

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Comparisons:

• Capgemini is paying lower than the industry standards

• Oracle is paying higher than the industry standards

Industry Statistics

Median 390904

Lower Limit 207727

Higher Limit 784082

Lowest salary 199021Lowest salary company Capgemini

Highest Salary 1590111

Highest Salary company Oracle

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Comparison of Salaries vis-à-vis Industry StandardCriteria: Senior Software Engineer, Employer Name

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Comparisons:

• Capgemini is paying lower than the industry standards

• Oracle is paying higher than the industry standards

Industry Statistics

Median 666617

Lower Limit 389581

Higher Limit 1115607

Lowest salary 258767Lowest salary company Capgemini

Highest Salary 1444233

Highest Salary companyOracle

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ComparisonSoftware Engineer vs Senior Software Engineer

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HCL T

echn

olog

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Acce

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sys

Wip

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Capg

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IBM G

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Cisc

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Cogn

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Ericss

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Tech

mah

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Oracle

0

100000

200000

300000

400000

500000

600000

700000

Software Engineer vs Senior Software Engineer

Lower Limit Lower Limit

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HCL T

echn

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Acce

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sys

Wip

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IBM G

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Cisc

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Oracle

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200000

400000

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800000

1000000

1200000

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1600000

1800000

Software Engineer vs Senior Software Engineer

Higher Limit Higher Limit

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HCL Technologies Accenture Infosys Capgemini0

10000

20000

30000

40000

50000

60000

70000

Software Engineer vs Senior Software Engineer

Bonus Bonus

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HCL Technologies Accenture Infosys Wipro Technologies Capgemini0

0.5

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Software Engineer vs Senior Software Engineer

Vacation Weeks Vacation Weeks

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Criteria: Years of Work ExperienceSoftware Engineer vs Senior Software Engineer

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< 1 year 1 - 4 5 - 90

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100000

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350000

400000

450000

500000

Software Engineer vs Senior Software Engineer

Lower Limit Lower Limit

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< 1 year 1 - 4 5 - 90

200000

400000

600000

800000

1000000

1200000

1400000

Software Engineer vs Senior Software Engineer

Higher Limit Higher Limit

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< 1 year 1 - 4 5 - 90

5000

10000

15000

20000

25000

30000

35000

40000

45000

50000

Software Engineer vs Senior Software Engineer

Bonus Bonus

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< 1 year 1 - 4 5 - 90

0.5

1

1.5

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Software Engineer vs Senior Software Engineer

Vacation Weeks Vacation Weeks

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Criteria: CertificationSoftware Engineer vs Senior Software Engineer

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SCJP MCP MCTS OCA IBM - DB2 CCNA ISTQB SCWCD OCP .NET0

100000

200000

300000

400000

500000

600000

Software Engineer vs Senior Software Engineer

Lower Limit Lower Limit

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SCJP MCP MCTS OCA IBM - DB2 CCNA ISTQB SCWCD OCP .NET0

200000

400000

600000

800000

1000000

1200000

1400000

Software Engineer vs Senior Software Engineer

Higher Limit Higher Limit

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Bonus Bonus0

5000

10000

15000

20000

25000

Software Engineer vs Senior Software Engineer

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Vacation Weeks Vacation Weeks0

0.5

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Software Engineer vs Senior Software Engineer

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Criteria: CitySoftware Engineer vs Senior Software Engineer

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Bangalore Pune Chennai Hyderabad Mumbai Noida Gurgaon0

50000

100000

150000

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250000

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350000

400000

450000

Software Engineer vs Senior Software Engineer

Lower Limit Lower Limit

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Bangalore Pune Chennai Hyderabad Mumbai Noida Gurgaon0

200000

400000

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800000

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Software Engineer vs Senior Software Engineer

Higher Limit Higher Limit

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Bangalore Pune Chennai Hyderabad Mumbai Noida Gurgaon0

10000

20000

30000

40000

50000

60000

Software Engineer vs Senior Software Engineer

Bonus Bonus

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Bangalore Pune Chennai Hyderabad Mumbai Noida Gurgaon0

0.5

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Software Engineer vs Senior Software Engineer

Vacation Weeks Vacation Weeks

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Criteria: DegreeSoftware Engineer vs Senior Software Engineer

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B.Tech (CS) B.Tech (IT) B.Tech (ECE) MCA MBA0

50000

100000

150000

200000

250000

300000

350000

400000

450000

500000

Software Engineer vs Senior Software Engineer

Lower Limit Lower Limit

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B.Tech (CS) B.Tech (IT) B.Tech (ECE) MCA MBA0

200000

400000

600000

800000

1000000

1200000

1400000

Software Engineer vs Senior Software Engineer

Higher Limit Higher Limit

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Bonus Bonus0

5000

10000

15000

20000

25000

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35000

40000

Software Engineer vs Senior Software Engineer

B.Tech (CS) B.Tech (ECE)

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Insights

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Insights

Some companies paying different than the Industry Standard

e.g. Capgemini paying lower and Oracle paying higher

Compensation and Benefits depends on a number of factors

Increases with work experience

Increases with post (promotion)

Increases with degree (from technical to managerial)

Depends on location (City) – depending upon the average living rate – higher in the metropolitan cities – higher in Tier 1 than Tier 2 cities

Depends on Certifications/Qualifications: the more the better

Varies from company to company based on their Revenues and Strategies

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Other Factors affecting Comp & Ben in IT industry

Recession

Cost cutting

Layoffs

Salaries decrease

Foreign companies entering India: pay high, attract top talent

International and Economical factor: rupee depreciates -> IT industry gains because they get paid in dollars from client on hourly wage rates -> can lead to additional benefits like bonuses to the employees

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Thanks!