Comments on: Indian Salaries: Comparing Apple with Oranges!

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By: Indian Blogger

Indian Blogger — Mon, 22 Oct 2007 23:40:35 +0000

This is from the Economist. I read it in the morning today.

RELOCATING staff to Switzerland is unlikely to keep down wages in a firm's information-technology department. IT managers there raked in an average of $140,960 last year, making them the highest paid in the 35 countries surveyed by Mercer, a consultancy. European countries take six places in the top ten. It is clear why so many IT jobs are outsourced to developing countries. Managers in India earn just $25,000 a year. Only companies in Vietnam, Bulgaria and the Philippines pay less. AFP

By: trakin

trakin — Mon, 22 Oct 2007 15:29:07 +0000

@Philip you are so right, I have publsihed many posts earlier showing proof of how badly mainstream media reports. Their articles are badly researched and purely based on Hearsay... Take examples of google phone launch news or the Internet numbers...and thats why alternate media like us bloggers play an extremely important role in creating the right picture....@Srikant..Nice to see you drop by an comment. yes, you are absolutely right..I have put up small post on India's purchasing power parity earlier: Indian Purchasing Power Parity to overtake Japan by 2025...

By: Srikant

Srikant — Mon, 22 Oct 2007 07:12:58 +0000

The correct metric to use is the purchasing power parity (PPP) as that is a good indicator of the buying power of a currency.

By: Sumedh

Sumedh — Fri, 19 Oct 2007 07:29:23 +0000

hahaha :)

By: Philip

Philip — Fri, 19 Oct 2007 00:56:45 +0000

The most sensationalist headlines rule. That's why the media is made up of morons. They have a simple brief. Write articles with the most bombastic words and headlines. Afterall the aim is to grab as much eyeballs as possible.
I doubt if anyone proof reads their articles before they are posted/printed.