The fortune of the Indian economy has been changed by globalization in the past 20 years. The great thing about the software industry in India is that unlike any other industry in the country, it has grown from nothing to a $200 billion industry in the past 2 decades.
So, with the development of the economy, has this field contributed anything in terms of employment?
Yes, as most of us know, IT employees are the highest paid employees in India these days, and they enjoy amazing perks apart from salary. They enjoy technological advancement and many other facilities, which make their job the best among the lot.
Top Indian software companies in terms of salaries
Like many other fields, there are also top leaders in this sector as well when it comes to salaries paid to their workforce. Now, let us get into some details about the top best paying 5 Top IT companies in India:
1. Google:
To date, Google holds the pride of being the highest payer for Indian software engineers. Here are some details:
- Name of the Company – Google Inc.
- Some brief info – Right from the founding year 1998, the company has grown in leaps and bounds to serve millions of people from around the world.
- Name of Founder: The company was founded by Sergey Brin and Larry Page, and the company operates from its headquarters in California
- Year of establishment: It was established in Menlo Park in California on the 4th of September 1998.
- No. of Employees: As per Quarter 3 2014 reports, the company has 55,030 employees.
- Pay Package: Google offers a median salary of around 14 lakhs per annum for fresh graduates, and when it comes to seniors, the average salary is 25 lakhs per annum.
- Area of work: Google provides a wide range of tools to help businesses succeed not only on the web but also off the web. Their advertisement programs ranging from simple texts to rich media ads, have helped many businesses to find customers. Publishers are also provided the opportunity to make money from their content. The company also offers cloud computing tools for businesses to save money and become more productive. They offer a wide range of services on the web as well.
- Head office & locations: The headquarters is located in Mountain View in California, and in India, they are located in Bangalore, Gurgaon, Hyderabad, and Mumbai in the name of Google India Private Limited. They are located in many countries as well, in addition to many offices in the United States alone.
- Website: www.google.com
2. Microsoft:
As most of us know, Microsoft has dominated the world of computers for a long and this tech giant is one of the highest salary paying companies in India.
- Name of the Company: Microsoft Corporation
- Some brief info: This American Multinational Company has its headquarters in Washington. They specialize in developing, manufacturing, licensing, supporting, and selling personal computers, consumer electronics, computer software, and other services.
- Name of Founder: Bill Gates and Paul Allen
- Year of establishment: The company was established in the year 1975 on the 4th of April
- No. of Employees: As of June 2014, the number of employees working for this corporation is 1, 28, 076.
- Pay Package: Microsoft offers a median salary of around 12 lakhs per annum for fresh graduates, and when it comes to seniors, the average salary is 28 lakhs per annum. The IT Project managers working for this company are getting somewhere around 32 lakhs LPA.
- Area of work: The area of work of Microsoft is computer hardware, consumer electronics, and computer software manufacturing. Their products like Windows, Surface tab, Xbox gaming console, and Skype are highly popular.
- Head office & locations: The headquarters is located in Redmond in Washington and India; they have offices in four major cities: Hyderabad, Gurgaon, Bangalore, Hyderabad, Gurgaon, Bangalore, and Mumbai.
- Website: www.microsoft.com/
3. IBM:
IBM holds the pride of being one of the most accomplished IT Companies from around the globe. They hold the most number of patents for more than 20 years now in the world of computers.
- Name of the company: IBM Corporation
- Some brief info: IBM is expanded as International Business Machines Corporation. The company is an international consulting and technology corporation. The company was founded as Computing Tabulating Recording Company (CTR) by margining three companies. In terms of the number of employees, IBM was ranked number 2 by Fortune in the year 2012.
- Name of Founders: Charles Ranlett Flint and Thomas J. Watson
- Year of establishment: The Company was established in another name on the 16th of June 1911.
- No. of Employees: As of 2013 records, 4,31,212 employees worked for this company. In India, the number of people working for this company is around 1,50,000
- Pay Package: For software engineers, the median salary offered by IBM is 8 LPA, and for experienced senior engineers, it is 10 LPA.
- Area of work: Computer hardware, computer software, and IT Consulting.
- Head office & locations: Headquarters is located at Armonk in the state of New York. In India, the headquarters is located in the city of Bangalore. They have both physical and virtual branches in almost all states in India.
- Website: http://www.ibm.com/in/en/
4. Accenture:
Accenture is an international management consulting company, and they provide technology and outsourcing services as well. They provide their service for more than 120 countries:
- Name of the company: Accenture PLC
- Some brief info: Accenture has its operations in nearly 56 countries of the world, and its establishment took place in the year 1989.
- Name of Chairman & CEO: Pierre Nanterme
- Year of establishment: The Company was established in the year 1989, and until 2001 they operated in the name of Andersen Consulting.
- No. of Employees: As of November 2014, the company had more than 3,02,000 employees.
- Pay Package: The junior engineers working for this company get a pay of around 2-4 lakhs per annum, while the senior is paid even more.
- Clients: Some of the top clients, who have succeeded with the help of Accenture, are Lupin Limited, Engineers India Limited, BSES Delhi, Manipur State Portal, Nagaland State Portal, Piramal Healthcare, Reliance Communications, and Tata Chemicals.
- Head office & locations: Head office of the company is located in Dublin, Ireland, in India. They have operations in major cities like Chennai, Bangalore, Hyderabad, Pune, Mumbai, Kolkata, Noida, Delhi, and Gurgaon.
- Website: www.accenture.com
5. Tata Consultancy Services:
TCS is an biggest Indian Company, and it is a subsidiary of the Tata Group with listings in Bombay and the National Stock Exchange of India.
- Name of the company: Tata Consultancy Services (TCS)
- Some brief info: With its parent company as Tata Group, TCS has many subsidiary companies that provide a wide range of services related to information technology. Some of the established products of this company include TCS MasterCraft and TCSBaNCS.
- Name of Founder: The Founder of the company is J.R.D. Tata
- Year of establishment: The Company was established in the year 1968.
- No. of Employees: As of September 2014, nearly 3,13,757 people are serving this company.
- Pay Package: Software engineers working for this company make an average pay of Rs.3-5 lakhs per annum. Reports state that the attrition rate is lower in this company, and the best employee security is also offered.
- Area of work: They are specialized in IT, business consulting, and outsourcing services.
- Head office & locations: The headquarters is located in the city of Mumbai, and many branches are operating in major cities like Bangalore and Chennai. Apart from these branches, almost all major cities have a branch for TCS.
- Website: http://www.tcs.com/
These top paying companies recruit candidates both through campus selection and through direct interviews as well. So, youngsters interested in a career in this booming IT Sector can develop their talents accordingly to find the dream placement.
