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IT salaries in India and USA contrasted

Reduce your costs by outsaucing to India
Sun Aug 31 2003, 13:57
A WEB SITE has given a clear idea of just how much you can reduce costs if you hire your IT staff in India rather than in the US of A.

While comparisons are no doubt odious, according to PBS, quoting International Labour Organization and Paaras Group figures, a programmer can earn $66,100 in the US, but only $10,000 in India.

If you're a mechanical engineer in the US, you can expect to get around $55,600 but only $5,900 in the subcontinent.

And even beancounters are cheaper in India, earning $5,000 a year rather than $41,000.

An IT manager only picks up $8,500 in India, while in the USA she or he can expect to earn around $55,000.

The same site estimates, ussing Forrester Research figures, that by 2015 1,659,310 office jobs will go to India. By 2015, 348,028 businesses will move from the USA to India. And the number of computer jobs moved by 2015 is estimated to be 427,632.

What about journalists? No figure for those, but the independent press in India is vibrant and hard hitting and every hack we've met out there has excellent English.

Meanwhile, an article published in Silicon India last Friday claimed that the British insurance India will have to employ thousands of Indian people, including managers, because its costs are way too high. Prudential has a call centre in Mumbai, Norwich Union will set up a 1,000 job Call Centre in December. µ

See Also
US Republican Party outsources fund raising to India
Microsoft does u-turn, exports jobs to India

L'INQs
PBS
Silicon India

 

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