Compensation & benefits assignment
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Transcript of Compensation & benefits assignment
Compensation & Benefits
Presented By:
Shubham Singhal
80303120053
NMIMS, Hyderabad
Introduction
• About IT Industry
• About the Project
• About the methodology used in the project
Compensation & Benefits of IT companiesData & Analysis
Criteria: Software Engineer, Employer Name
Graph Observation
Lower Limit Higher Limit
Lowest salary 199021 427272
Lowest salary company Capgemini
HCL Technologies
0
100000
200000
300000
400000
500000
600000
700000
237718296443290406
213707243375
199021
313228
237566
574674
289788260867264000249302
300000236556221597
355495
Salary Lower Limit
Graph Observation
HCL T
echn
olog
ies
Acce
ntur
e
Info
sys
Wip
ro T
echn
olog
ies
TCS
Capg
emin
iCS
C
IBM G
loba
l Ser
vice
s
Cisc
o Sy
stem
s
Cogn
izant
Synt
el
Aricen
t
Saty
am C
ompu
ters
Ericss
on
Tech
mah
indr
a
Birla
soft
Oracle
0
400000
800000
1200000
1600000
Higher Limit Lower Limit Higher Limit
Highest Salary 574674 1590111
Highest Salary company
Cisco Systems Oracle
Graph Observation
Lower LimitHigher
Limit
Lowest salary 2000 1.6
Lowest salary company Wipro
HCL Technologies
HCL T
echn
olog
ies
Acce
ntur
e
Info
sys
Wip
ro T
echn
olog
ies
TCS
Capg
emin
i0
5000
10000
15000
20000
25000
30000
35000
40000
Bonus
Graph Observation
Lower Limit Higher Limit
Highest Salary 136650 2.3
Highest Salary company Cisco Systems Capgemini
HCL T
echn
olog
ies
Acce
ntur
e
Info
sys
Wip
ro T
echn
olog
ies
TCS
Capg
emin
iCS
C0
0.5
1
1.5
2
2.5
Vacation Weeks
Criteria: Senior Software Engineer, Employer Name
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
HCL T
echn
olog
ies
Acce
ntur
e
Info
sys
Wip
ro T
echn
olog
ies
TCS
Capg
emin
iCS
C
IBM G
loba
l Ser
vice
s
Cisc
o Sy
stem
s
Cogn
izant
Synt
el
Aricen
t
Saty
am C
ompu
ters
Ericss
on
Tech
mah
indr
a
Birla
soft
Oracle
0
200000
400000
600000
800000
1000000
1200000
1400000
1600000
Higher Limit
Lower Limit
Higher Limit
Highest Salary 493581 1444233
Highest Salary company Ericsson Oracle
Comparisons
Comparison of Salaries vis-à-vis Industry StandardCriteria: Software Engineer, Employer Name
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
Comparison of Salaries vis-à-vis Industry StandardCriteria: Senior Software Engineer, Employer Name
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
ComparisonSoftware Engineer vs Senior Software Engineer
HCL T
echn
olog
ies
Acce
ntur
e
Info
sys
Wip
ro T
echn
olog
ies
TCS
Capg
emin
iCS
C
IBM G
loba
l Ser
vice
s
Cisc
o Sy
stem
s
Cogn
izant
Synt
el
Aricen
t
Saty
am C
ompu
ters
Ericss
on
Tech
mah
indr
a
Birla
soft
Oracle
0
100000
200000
300000
400000
500000
600000
700000
Software Engineer vs Senior Software Engineer
Lower Limit Lower Limit
HCL T
echn
olog
ies
Acce
ntur
e
Info
sys
Wip
ro T
echn
olog
ies
TCS
Capg
emin
iCS
C
IBM G
loba
l Ser
vice
s
Cisc
o Sy
stem
s
Cogn
izant
Synt
el
Aricen
t
Saty
am C
ompu
ters
Ericss
on
Tech
mah
indr
a
Birla
soft
Oracle
0
200000
400000
600000
800000
1000000
1200000
1400000
1600000
1800000
Software Engineer vs Senior Software Engineer
Higher Limit Higher Limit
HCL Technologies Accenture Infosys Capgemini0
10000
20000
30000
40000
50000
60000
70000
Software Engineer vs Senior Software Engineer
Bonus Bonus
HCL Technologies Accenture Infosys Wipro Technologies Capgemini0
0.5
1
1.5
2
2.5
3
Software Engineer vs Senior Software Engineer
Vacation Weeks Vacation Weeks
Criteria: Years of Work ExperienceSoftware Engineer vs Senior Software Engineer
< 1 year 1 - 4 5 - 90
50000
100000
150000
200000
250000
300000
350000
400000
450000
500000
Software Engineer vs Senior Software Engineer
Lower Limit Lower Limit
< 1 year 1 - 4 5 - 90
200000
400000
600000
800000
1000000
1200000
1400000
Software Engineer vs Senior Software Engineer
Higher Limit Higher Limit
< 1 year 1 - 4 5 - 90
5000
10000
15000
20000
25000
30000
35000
40000
45000
50000
Software Engineer vs Senior Software Engineer
Bonus Bonus
< 1 year 1 - 4 5 - 90
0.5
1
1.5
2
2.5
Software Engineer vs Senior Software Engineer
Vacation Weeks Vacation Weeks
Criteria: CertificationSoftware Engineer vs Senior Software Engineer
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
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
Bonus Bonus0
5000
10000
15000
20000
25000
Software Engineer vs Senior Software Engineer
Vacation Weeks Vacation Weeks0
0.5
1
1.5
2
2.5
Software Engineer vs Senior Software Engineer
Criteria: CitySoftware Engineer vs Senior Software Engineer
Bangalore Pune Chennai Hyderabad Mumbai Noida Gurgaon0
50000
100000
150000
200000
250000
300000
350000
400000
450000
Software Engineer vs Senior Software Engineer
Lower Limit Lower Limit
Bangalore Pune Chennai Hyderabad Mumbai Noida Gurgaon0
200000
400000
600000
800000
1000000
1200000
1400000
Software Engineer vs Senior Software Engineer
Higher Limit Higher Limit
Bangalore Pune Chennai Hyderabad Mumbai Noida Gurgaon0
10000
20000
30000
40000
50000
60000
Software Engineer vs Senior Software Engineer
Bonus Bonus
Bangalore Pune Chennai Hyderabad Mumbai Noida Gurgaon0
0.5
1
1.5
2
2.5
3
Software Engineer vs Senior Software Engineer
Vacation Weeks Vacation Weeks
Criteria: DegreeSoftware Engineer vs Senior Software Engineer
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
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
Bonus Bonus0
5000
10000
15000
20000
25000
30000
35000
40000
Software Engineer vs Senior Software Engineer
B.Tech (CS) B.Tech (ECE)
Insights
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
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
Thanks!