India Ranked 7th Lowest Paymaster for IT Professionals

By SiliconIndia   |   Tuesday, 29 November 2011, 12:14 Hrs   |    5 Comments
Printer Print Email Email


Bangalore:  IT industry is one of the robust industries in the world. They play a major role in developed nation and are called as key driver of the global economic growth. This has led to a perception that the IT industry pays handsomely to its employees worldwide but This has led to a perception that the IT industry pays handsomely to its employees worldwide but it is not same in all the countries. The recent study by MyHiringClub.com has given a result that the salaries in IT is not uniformly paid world over. Countries like U.S, U.K, and Canada do pay their IT people really well but the ten countries listed below are considered as lowest paymaster for IT professionals. the annual salary given is according to the people with 4 years of experience in IT field.



1. Bulgaria: 



Bulgarian economy follows the principles of free market. They have large private sectors and strong public sector. Annual salary of the people in IT with 4 years of experience is $21,678 which is the lowest in the world. It is an industrialized nation with a gross national income per capita of US$ 5,490. Bulgaria has seen drastic economic growth but has one of the lowest income levels within the European Union with an average monthly wage of 354 Euros. The GDP of the nation is more than 80 percent.





2. Vietnam: 



The annual salary of IT professionals with an experience of 4 years in $28,940. The economy of the country is developing planned market economy. The agrarian country is predominantly dependent on the cultivation of wet rice. The present government in Vietnam is making serious efforts to develop the agricultural sector and boost up the industrialization. The nation has seen rapid economic growth in recent years which will make them a part of globalized nation.



next new
SPOTLIGHT
GST rate cut to spur Bengaluru
The realty market in India's tech hub is set to grow as lower Goods and Services Tax (GST) rate..
Ola raises Rs 400 cr for electric
Leading ride-hailing cab aggregator Ola on Friday said it raised Rs 400 crore from its early in..
Fossil Group sells smartwatch
Global watch and accessories maker Fossil Group has announced to sell its smartphone technolog..
SpiceJet plans aggressive
Budget passenger carrier SpiceJet plans to aggressively expand its international networks to fl..