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Rising Pay Disparities in Indian IT Sector: CEOs Soar While Freshers Struggle

  • The pay of senior executives at India’s top IT companies has increased by more than 160% in the last five years, while entry-level workers have witnessed only modest growth of less than 4%.
  • The CEO-to-fresher pay ratio in the IT sector is extremely high, with Wipro leading at 1,702:1.
  • Low pay for freshers is justified by companies due to the pyramid model and high attrition rates.
  • Experts recommend revisiting fresher pay, reducing CEO pay ratios, improving the quality of engineering graduates, and focusing on employee retention for a more equitable IT sector.

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