The Indian IT services industries aim to hire roughly 4,50,000 techies in the second half of the fiscal year 2022 (H2FY22). TCS is hiring B.E/B.Tech freshers via off campus drive. IT giants Infosys, Wipro and HCL are also doubling down freshers’ hiring amid skyrocketing attrition. But who offers highest salary to tech freshers in the IT industry?
We explored through the employer rating and review portal, JobBuzz, to find out what is the average salary paid to a fresher working in an initial job profile in the top Indian IT firms. Surprisingly, every company has different salary criteria for the same profile. Here is the list:
Tata Consultancy Services Ltd (TCS) offers an annual salary ranging from Rs. 1,82,970 to Rs. 6,45,044 (max) to freshers. The average salary of a fresher software developer/programmer at TCS is Rs. 3,78,114/yr.
The Indian IT major, Infosys tops the list by offering the highest minimum salary of Rs. 2,07,805 to all the freshers who enter the organisation after completing their graduation. The salary range goes as high as Rs. 6,95,277 per year, making an annual average salary to be Rs. 4,14,090.
HCL Technologies Ltd. is another popular employer of software developers offering an average salary of Rs. 3,30,751/yr while the minimum and maximum salaries are Rs. 1,71,531 and Rs. 6,39,609 respectively.
Wipro Technologies Ltd., on the other hand, offers an average annual salary of Rs. 3,29,533 to its software developers. The salary ranges from Rs. 1,65,068 to Rs. 5,73,637.
5. Tech Mahindra
You can earn an annual salary ranging Rs. 1,73,282 to Rs. 5,45,589 working at Tech Mahindra Ltd. as a software developer. The average salary paid is Rs. 3,33,568 per annum.
Another IT major, Capgemini India Pvt Ltd also holds its rank in this list by offering the highest minimum salary of Rs. 2,01,200 to all the freshers who enter the organisation after completing their graduation. The salary range goes as high as Rs. 6,40,514 per year, making an annual average salary to be Rs. 3,92,554.
Cognizant Technology Solutions, on the other hand, offers an average annual salary of Rs. 3,61,212 to its software developers. The salary ranges from Rs. 1,91,301 to Rs. 6,04,367.
Accenture offers an annual salary ranging from Rs. 1,69,111 to Rs. 6,68,092 (max) to freshers. The average salary of a fresher at Accenture is Rs. 3,83,673/yr.
9. Dell India
Dell India is considered as one of the top brands in the industry that has reached a whole new height. The firm is one of the top Indian IT companies with more than 1,65,000 employees in across 326 locations across the globe. The company offers an annual salary ranging from Rs. 2,33,750 to Rs. 5,21,834 (max) to software testing engineer or test automation engineer. The average salary of a fresher business analyst at Dell India is Rs. 3,16,100/yr.
10. Persistent Systems
The salaries offered to freshers by Persistent Systems starts with Rs. 4,71,000 and goes as high as Rs. 12,41,000. The base package is 4.71Lakh and selected candidates get evaluated for higher packages from 7LPA to 12LPA.