Whats the reason for the drastic rise in Indian salaries?
Apr 2, 2021
50 Comments
hearing 1Cr is common these days
what caused companies to pay this high?
US has only tightened visa restrictions narrowing down chances to escape from India...what then triggered such a development?
comments
IMO After US, India is better option then Canada uf you making > 5 mil Rs. ,due to poop TC, High COL, and shitty weather in Canada
Overall, I am happy that this reduced the brain-drain from India. Many of these high salary individuals don't see a point to move to US because of less savings and immigration headaques. Also, this gave an opportunity for many to move back to India.
The rise of Indian executives in top US companies and startups are also giving rise to companies moving many of the job positions in India.
2. Due to 1 and cost saving, US cos. started setting up offices here. But the top talent is still limited to cover all these jobs. So salary πππ.
3. Huge VC funding also played a role in upping salaries for startups so mncs had to match. I think Flipkart was a paymaster back in 2012-2015. And amazon Google had to increase their salaries. Now flipkart can't compete with others sadly