Pay rise Projections

With the economic situation still looking gloomy, and no scope in sight for improvement in the near future, IT companies are staying cautious and going conservative. Appraisals and increments across the board are going to be nil or nominal in the coming year. While some companies have announced the plan for 2009, some are taking their time to still gauge the situation and waiting to see how the markets play. Others are working parallel to the industry standards, some are factoring the salary as per their own business performance and their current market standing. The average standard, as per industry professionals, works to a mere 6%-8% rise. Read More.