Inflation taking a toll on Fresher level salary
As per a report of Economic times in almost all big IT companies though there has been quite a up gradation in salary for the senior people but salaries for fresher entry-level jobs, especially those who are getting selected from campus interview have remained almost fixed or stagnant for the last seven years. The reason behind it are lot of combined factors like increasing automation, pressure to keep costs low and double-digit rate cuts by outsourcing clients.
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As per a report of Economic times in almost all big IT companies though there has been quite a up gradation in salary for the senior people but salaries for fresher entry-level jobs, especially those who are getting selected from campus interview have remained almost fixed or stagnant for the last seven years. The reason behind it are lot of combined factors like increasing automation, pressure to keep costs low and double-digit rate cuts by outsourcing clients.
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