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Freshers' salaries in IT companies may fall in coming years

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Tags: bangalore-buzz-bangaloreengineering graduatesEngineeringGraduatesengineersfresher salariesFresherSalariesInfosysIT industryIT serviceIT workforceItIndustryItServiceItWorkforceJ A ChowdaryJAChowdaryKawaljeet SalujaKawaljeetSalujaMindtreeRohit ChordiaRohitChordiaTalent-SprintTeamlease ServicesTeamleaseServicesWipro

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BANGALORE: For years, fresh engineering graduates have had it good because demand from the IT industry was robust. That's changing. Salaries for fresh IT engineers will be under major pressure in the coming years. "We believe fresher salaries of Rs 2.75 lakh to Rs 3.25 lakh will remain unchanged or be lowered over the next few years," wrote Kawaljeet Saluja and Rohit Chordia of brokerage firm Kotak Institutional Securities in a recent report. The trend is changing because the number of ...

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