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Features

Moving up the Bonds

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DQI Bureau
New Update

Moving up
the Bonds

Experience

u

<2 Years

2.15 Years

5.110 Years

>10 Years

Salary Range

2006

2007

2006

2007

2006

2007

2006

2007

Annual Salary

%of Employees

Less than Rs 2 lakh

20.7

14.1

10

6.9

4.9

3.2

2.9

2.1

Rs 23 lakh

52.4

46.6

18.8

11.0

5.1

3.5

4.6

3.4

Rs 3.14.5 lakh

21.7

30.5

42.1

35.9

13

9.8

12.8

4.2

Rs 4.66 lakh

2.7

4.8

17

27.9

22.8

15.8

8.8

6.4

Rs 6.18 lakh

1.2

2.5

7.4

14.0

26.1

25.3

12.2

9.6

Rs 8.110 lakh

0.3

0.5

1.9

3.1

13.3

21.3

12.0

13.6

Rs 10.115 lakh

0

0.8

1

1.0

11.4

17.0

21.0

26.0

Rs 15.125 lakh

0

0.2

0.2

0.2

2.3

3.6

19.3

25.6

Rs 25.135 lakh

0

0.0

0

0.0

0.1

0.2

3.9

6.9

More than Rs 35 lakh

0.1

0.0

0

0.0

0.20

0.1

0.5

2.2

Average
Salary

(Rs lakh)

3.0

3.2

3.9

4.4

7.5

7.8

13.0

14.7

Source: The 20 "DQ-IDC BES 20" Best Employer Companies in 2006 & 2007, for the detailed
bands. 13 constant companies for the average salary

Base: 3,006 (Year 2006) + 2,806 (Year 2007) respondents; 1,090 respondents
for average salary

As
the industry matured a bit more, employees got pushed into higher salary
bands. For instance, take the youngest group: the under-2-years experience
bracket. Only 14% of this group stayed under Rs 2 lakh, vs 21% last year,
and 47% stayed in the Rs 2-3 lakh range vs52% last
year. And 31% of this young group is up in the Rs 3 to 4.5 lakh band,
compared to just 22% last year. This trend is reflected in the higher
experience bands too