Which IT Outsourcing Stock is the Best? [View article]
Hi,
Well, I am aware of the salary numbers because I have worked in this industry for about 5 years now. Let me clarify that I am only refering to employees in the IT services. I went through the article that indicates that the salaries of employees engaged in R&D (MNCs) are high. (Which is correct) I think these salary figures (stated in the article) include the component that is paid to engineers onsite, and that may also be the reason for a skewed figure. These onsite employees are also billed to the client higher than offshore employees. This onsite component should not ideally be considered outsourcing salaries (that will hit the margins), as they bring much higher revenues.
The article also confirms that TCS, Infy (ranked 28th) and other Indian s/w firms are low paymasters. (even onsite)
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Hi,
Sep 11 23:55 pm
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All Comments by Madhusudan Rao »Which IT Outsourcing Stock is the Best? [View article]
Well, I am aware of the salary numbers because I have worked in this industry for about 5 years now. Let me clarify that I am only refering to employees in the IT services. I went through the article that indicates that the salaries of employees engaged in R&D (MNCs) are high. (Which is correct)
I think these salary figures (stated in the article) include the component that is paid to engineers onsite, and that may also be the reason for a skewed figure. These onsite employees are also billed to the client higher than offshore employees. This onsite component should not ideally be considered outsourcing salaries (that will hit the margins), as they bring much higher revenues.
The article also confirms that TCS, Infy (ranked 28th) and other Indian s/w firms are low paymasters. (even onsite)