GCCs Offer Higher Salaries for Tech Roles: A Comparison with IT Companies
Salary Disparities Between GCCs and IT Companies
According to a recent Teamlease report, GCCs (Global Capability Centers) are increasingly becoming competitive in the tech labor market. These firms are offering significantly higher salaries for tech roles, ranging from 12-20% more than their IT company counterparts.
Comparison of Entry-Level Salaries
For instance, while entry-level positions in IT products and services typically offer around Rs 5.7 LPA, GCCs are setting the bar considerably higher. This emerging trend has made GCCs an attractive option for tech talent.
Implications of Rising Salaries in Tech
- Attraction of top talent to GCCs
- Potential adjustment of salary structures within IT companies
- Impact on overall employment rates in the tech sector
As these shifts unfold, companies in the IT field may need to reassess their compensation strategies to retain talent. For more in-depth details on this salary report and its implications, please visit the source.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.