Wednesday, February 14, 2007

Wanna check your right salary? Click here

IT professionals across all levels can now check whether their employers are paying them adequately or not. IIM-A, IISc along with nation-wide ITPF (IT Professionals Forum) have launched ITPaycheck.com, which provides latest compensation status of different positions across the IT and BPO sector.
From software engineer and sales executive to project manager and vice president, the site caters to all.
According to ITPaycheck.com, the total remuneration for a vice president in the IT industry is Rs 22,95,163 approximately. The total variable pay of a V-P in the industry is approximately Rs 19,70,658.
In contrast, a software engineer in the industry gets about Rs 4,61,774 as total pay and Rs 4,32,334 as total variable pay.
The site also displays the highest paid professionals across the IT Industry today. According to ITPaycheck.com, Rajesh Hukku, chairman i-Flex Solutions is one other highest paid with an annual salary of Rs 432.00 lakh for 2005-06. Other highest paid professionals are - Ramesh Emani, President Wipro Technologies (Rs 84.50 Lakh), S Ramadorai, CEO & MD,TCS (Rs 214.43 Lakh), S D Shibulal, Director HR, Infosys (Rs 101.74 Lakh), Jaithirth Rao, CMD Mphasis (Rs 129.46 Lakh) and Phaneesh Murthy, CEO & MD, iGate (Rs 273.85 Lakh).
The salary can be displayed in minimum, maximum or weighted brackets along with number of years of experience. The site will also be expanded to include other sectors, as well.
ITPaycheck.com acts as a source of collection and sharing of salary break-ups across all levels. Over the next three months, the site aims to collect data and start another project called Freshers-paycheck.com .

standards across all countries.

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