I read an article in ET (India) a few weeks ago that went on to say that in order to calculate your salary expectations in India, you would mutiply your current annual wages by a factor of 10 to 15.
This factor is supposed to be used judiciously while keeping in mind the cost of living factor in the specific area/state you live here and that of the area you intend to work in India.
For instance, if you were going from Texas to, say, Bangalore, you would mutiply your annual salary by 13 (or some median figure you fix). Whereas if you are moving from Texas to Mumbai, you would need to mutiply your current salary figure by 15. On the otherhand, if you moved from New York to Bangalore, you would mutiply your salary by 10 since most companies factor the high cost of living in New York when they fix a salary for you anyway.
If you do this, you will arrive at the salary figure you can expect when you go to India. To illustrate, if you are working in New York and are getting paid, say, $100,000, your corresponding Indian wages (expectation only) according to this calculation would range between 10,000,000INR to 12,00,000INR depending on where you intend to work in India (Bangalore or Mumbai respectively, for the above sample figures).
Of course, this figure provides only the basis. The actual figure that you make would depend largely on the company you work for, your negotiating skills and the demand for your professional skills.
Originally posted by dec11thRD
Hi,
How much salary i can expect to join in any company in india...???
My skills are
9 years IT
6 years SAP in 6 years 5 years SAP /EDI/ALE config...
1 1/2 years PM/PL/vendor management with 2 team size
Left india 7 years ago...
Staying in USA for 5 years....
I am entirely out of touch with indian job market...
So please help me guys... as soon as possible.....
Just wanted to stay in india for a while....
Thanks