Today news of India being one of the lowest IT paymasters is splashed across the media. Do you think that comparing US salaries with Indian salaries is fair or for that matter even comparingÂ it to anyÂ country’sÂ salaries is fair?
I think not!
According to the IT Pay around the World Survey 2007 rankings by Mercer, India stands at 4th from bottom just about Vietnam, Bulgaria and Phillipines in terms of salaries of IT managers world wide.
Here is the complete list of Top 10 and bottom 10 country rankings:
IT Managers:Â Lowest paymasters
IT Manager: 10 lowest-paying countries (various currencies)
IT Managers: Top paymasters
IT Manager: 10 top-paying countries (various currencies)
|9||Hong Kong (China)||702,720||90,340||71,120||47,530|
The survey should have taken into consideration, the standard of living across various countries as that is the only way one can make a fair judgement.
Can a Â family in USA live on $1000/- monthly?, however, in India,Â a familyÂ can live very comfortably in that kind of money.
Is it same earning 1000 dollarsÂ monthlyÂ in HongKong to earning 1000 dollars here in India. No absolutely not!
The most surprsing part is the way media projects it. Read this “IT does not pay: India lowest paymaster”. What should one make by reading this headline?