Engineering graduates in India, especially software engineers, often face the challenge of comparatively low earnings in the global tech industry. Despite their expensive degree, skill and talent, factors like fierce competition, a vast talent pool, and cost-cutting outsourcing practices by MNCs have led to very modest salary packages for freshers. These entry-level software engineers end up earning much less as compared to SWEs in Western countries. Here is an example.
A guy named Niku Singh shared how Tech Mahindra came to their college campus for placements and offered Rs 3.25 lakh per annum (roughly 27k a month) package for the role of a software engineer. The candidate will also have to sign a 2-year bond.
Here’s a look at the specifics of the placement:
Here’s a look at Niku Singh’s post:
Tech Mahindra came to our campus for SWE role
CTC: 3.25 lpa
24×7 working hour
2 yrs bond
— Niku Singh (@Niku_Singh_) September 11, 2023
Responding to this post, several people shared how these kinds of packages were offered to engineering graduates more than 10 years back. The fact that the salaries of freshers at tech companies haven’t increased despite the prices of literally everything going up every year seems unreasonable, exploitative and downright despicable.
Here’s a look at some of the reactions:
When I graduated frm engineering college in 2008, entry level SWE salary in infosys, wipro n similar orgs was 2.9-3.0 lpa.
15 yrs down the line, @anandmahindra 's company is offering 3.25 lpa.
a clear violation of laws to expect 24×7 and a bond.
Feudalism is back! https://t.co/ICFxJz57yQ
— Shafiullah Anis (@KungfuPasmanda) September 12, 2023
I joined Accenture almost 10 yrs back and my salary was higher than this 3.25 LPA! The inflation has been 5-7% yoy and even if we keep it at 5%, it should be a min of 5.3-5.5 lakhs now. Exploitation in IT companies continue.
p.s: I know that it was same 3.2 lakhs in 2008 as well https://t.co/SNY4uxn6L6
— Sathya (@sathya1405) September 12, 2023
9 years ago, my sister got same LPA on campus in #TechMahindra
They are still offering the same 3.25 LPA in 2023 it seems. It looks like they don’t even know the meaning of inflation.
Endi mastaru idi? Maree chandalam kakapothey.. @anandmahindra https://t.co/Tss21KOdE5
— amar pradeep (@amarpradeepp) September 12, 2023
My neighbourhood security guard earns 30k, is only 10th pass. Works an 8 hour shift.
Anand Mahindra will bluff about growth story and so on and then hire graduates in software for less than that, and puts a slave collar on their necks as well. https://t.co/aL1fy8veFo
— Er. Shailesh Bharadwaj (@Sapratha) September 12, 2023
TechM was my first company we got package of 2.47L then back in 2014 https://t.co/tDkDEpPgDv
— Shikhar Sagar (@crazy__shikhu) September 12, 2023
For the last 10 years, this has been the package for freshers. There has been inflation, why isn't the salary increasing ? https://t.co/R14lJQR4k5
— potatotomato🥔🍅 (@ponchopout) September 12, 2023
I cleared my first campus interview with Infosys way back in 2010. Even then we used to feel 3.25 lacs is low salary.
Now imagine getting the same salary in 2023! 😒 https://t.co/3ENEcR6jdU
— NEO (@normaly_abnorml) September 12, 2023
My cousin who has a 7 year old son now,got selected by Tech Mahindra in 2011 for the same package,it has been 13 years and the CTC is still the same. I am glad he didn't join.
Get off poverty porn videos Anand Mahindra and treat your employees In a dignified manner first. https://t.co/qiPlZQYghU
— gulhazardous (@shivillex) September 12, 2023
3.25 was salary offered 15yrs back for 8hrs job … https://t.co/LwpbGLrcoW
— ಸುನಿಲ್ Sunil (@SNagarajK) September 12, 2023
They gave me a 2.25L pa offer twenty years ago. Bees saal mein sirf 1L ki badhat. Kya mazaak hai.
— Vineet Thanedar (@vinthanedar) September 12, 2023
No offence to anyone but isse better to Security guards earn krte hai 🗿
— Pranav Mailarpawar (@Hyprocus) September 11, 2023
Families of engineering students pay thousands, even lakhs, every year as college fees. To see freshers receive such low packages is truly upsetting.