WageIndicator Foundation - Kabina, T., Varkkey, B., Korde, R., & Bizik, P. (2015). WageIndex Report India: Wages and working conditions in the ICT sector
WageIndicator Foundation - Kabina, T., Varkkey, B., Korde, R., & Bizik, P. (2015). WageIndex Report India: Wages and working conditions in the IT sector
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ABSTRACT / KEY FINDINGS
- The median gross hourly wage in the ICT sector is INR 346.42.
- Overall, 95% of respondents in this sector hold at least a 3-year Bachelor’s degree.
- Workers below 30 years of age earn on average INR 236 per hour; workers between the ages of 30-40 earn INR 450 per hour, and workers over 40 earn INR 695 per hour.
- Approximately 88% of survey respondents working in the ICT sector were men. Men earn a gross hourly wage of INR 365, while a female receives only INR 231 per hour.
- The gender pay gap in the ICT sector is about 37%.
- Male supervisors out-earn female supervisors, and males are compensated higher for more experience than females with similar experience.
- Workers with permanent contracts earn roughly 23% more than workers with non-temporary contracts.
- Foreign companies in the ICT sector pay wages that are more than two times higher than domestic firm wages, at the median.
- Small companies pay an hourly wage of INR 210, while large firms pay an hourly average wage of INR 402.
- Bonuses are more common in the ICT sector than in other sectors of the Indian economy.
- Workers are highly satisfied with their working relationships with colleagues, while least satisfied with their wages.