Data from specialist staffing company Xpheno revealed that in 2013-2014, engineering freshers received offer packages ranging from ₹3 to ₹3.4 LPA. For example, in Frontend programming skills, React.js salaries fell by around 1.5 LPA for employees with up to 1 year of experience. “Companies are more eager to hire and retain seasoned tech talent rather than invest in training freshers,” he said. HCL tech CEO C. Vijayakumar received ₹84.16 crore in FY24, compared to former CEO Anant Gupta’s ₹4.22 crore in FY14. Former Wipro CEO T K Kurien was paid ₹6.57 crore in the same fiscal year, while current CEO Srini Pallia earned around ₹50 crore.

Source: The Hindu October 14, 2024 08:13 UTC