These reports are gather from websites for providing awareness
about qualified engineer prestigious life (hardworking people) with
poor mismatching careers and low salary intake.
Report 2012 August current news and every now then every employee
should get to know what is going around in salary basics. Not to be
satisfied with they give it your demand or daily needs.
"""Knock the door and the door will open"""
"""Knock the door and the door will open"""
Nowdays knowaday knocking the door once is not enough , we
have to gather our strenghts and fight for till u receive what u
reserve.
Gen Y Report: They Have Bachelor’s
Degrees But Aren’t Using Them
By Dan Schawbel, PayScale.com
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PayScale’s “Gen Y on the Job” report reveals Millennials’ best job and employer options, favorite cities, top job skills, common degrees and more.
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PayScale’s “Gen Y on the Job” report reveals Millennials’ best job and employer options, favorite cities, top job skills, common degrees and more.
The old promise of college was that, if you could graduate, you
would be almost guaranteed a job in your field. After the economic
collapse, that promise is officially gone. In PayScale’s “Gen Y
on the Job” report, we found that 63 percent of Millennials
currently have a bachelor’s degree, yet the most commonly reported
jobs for Gen Y don’t necessarily require a college degree.
Instead of getting big corporate jobs, Gen Y is settling for
retail positions to try and make a living. This is the main reason
why many in Gen Y choose to live with their parents after they
graduate and why some are looking to start businesses. The
professional jobs, such as a marketing associate, are just not in
abundance anymore. In effect, Gen Y is spending four years to get a
degree that puts them on the same path as those without a degree. The
catch-22 is that if you don’t have a degree, it’s nearly
impossible to compete for big corporate jobs with peers who do.
Many have to settle for lower-level jobs
Gen Y workers are more likely to hold the following positions than
other U.S. workers (those of other generations, such as baby boomers
and Gen X-ers):
- Merchandise displayer (5.36x more likely)
Merchandiser
Hourly
Rate Report (United States)
- Clothing sales representative (4.63x more likely)
- Cell phone sales representative (4.03x more likely)
These retail jobs that used to be filled by high school students
are now being filled by college graduates, who are using that income
to pay the rent.
What their degrees can earn them
Very ambitious and highly educated Gen Y workers have the
potential to make a decent salary despite the economy. Those with a
master’s degree (non-MBA) have a median pay of $54,200, which is
$11,800 more than the average median pay of a bachelor’s degree
holder at $42,400. Those with an MBA have a median pay of $2,300 more
than a master’s degree holder. Only 1.7 percent of Gen Y workers
have a Ph.D, but those that do have a median pay of $92,900. Even
fewer, 0.2 percent, have an M.D. and the median pay is a massive:
$128,000 per year. Of course, degrees cost a lot of money and time to
obtain, which rules out many Gen Y’s who can’t afford them or are
too young to have completed them.
Gen Y has to take their career into their own hands
No longer can this generation rely on anything or anyone. In
today’s working world, they have to be accountable for their own
career and fight to get what they want. This new research from
PayScale should be a sign that it’s time for Gen Y to explore other
options for building their own careers, including entrepreneurship
and freelancing.
Dan Schawbel is the founder of Millennial Branding, a Gen-Y
research and consulting firms. He is a Gen-Y career and workplace
expert, as well as the bestselling author of Me 2.0: 4 Steps to
Building Your Future.
Best Paid Jobs for Gen Y
st Paid Jobs for Gen Y
| Rank | Job | Median Pay for Gen Y |
| 1 | Petroleum Engineer | $98,100 |
| 2 | Senior Software Engineer | $80,600 |
| 3 | Account Director | $76,200 |
| 4 | Program Manager, IT | $75,100 |
| 5 | Sales Director | $74,600 |
| 6 | Technical Architect | $73,000 |
| 7 | Quantitative Analyst | $72,800 |
| 8 | Hardware Design Engineer | $72,700 |
| 9 | Mining Engineer | $71,900 |
| 10 | Product Manager, Software | $71,800 |
Common Jobs for Gen Y
| Job | Gen Y Relative Ratio |
Median Pay for Gen Y |
| Merchandise Displayer | 5.36x | $23,400 |
| Sales Representative, Clothing | 4.63x | $28,400 |
| Sales Representative, Cellular Telephones | 4.03x | $27,800 |
| Assistant Merchandise Manager | 3.90x | $35,400 |
| Health Policy Research Assistant | 3.60x | $37,500 |
| Projectionist | 3.58x | $17,000 |
| Associate Media Planner | 3.50x | $32,900 |
| PC Maintenance Technician | 3.46x | $33,600 |
| Product Support Specialist, Internet Services | 3.42x | $37,200 |
| Civil Engineering Intern | 3.38x | $39,500 |
| Public Relations Assistant | 3.35x | $30,200 |
| Assistant Actuarial Analyst | 3.33x | $54,000 |
| Private Equity Research Analyst | 3.23x | $56,800 |
| Graduate Assistant | 3.22x | $20,500 |
| Design Intern | 3.20x | $26,500 |
| Shift Manager, Hotel Front Desk | 3.18x | $25,300 |
| Research Intern | 3.15x | $27,300 |
| Assistant Fashion Designer | 3.13x | $35,300 |
| Consultant, Environmental Engineering | 3.11x | $48,900 |
| Assistant Director, Creative Services | 3.09x | $36,000 |
Common Job Skills for Gen Y
| Rank | Skill | Gen Y Relative Ratio |
| 1 - Tie | Tableau Software | 2.7 |
| 1 - Tie | Blogging | 2.7 |
| 3 - Tie | Social Media Optimization | 2.5 |
| 3 - Tie | Press Releases | 2.5 |
| 5 | Polymerase Chain Reaction (PCR) Analysis | 2.4 |
| 6 - Tie | XHTML | 2.3 |
| 6 - Tie | Social Media Marketing | 2.3 |
| 6 - Tie | Email Marketing | 2.3 |
| 9 - Tie | Mathcad | 2.2 |
| 9 - Tie | WordPress | 2.2 |
Worst Paid Jobs for Gen Y
| Rank | Job | Median Pay for Gen Y |
| 1 | Cashier | $17,700 |
| 2 | Barista | $19,000 |
| 3 - Tie | Hotel, Motel, or Resort Desk Clerk | $19,200 |
| 3 - Tie | Dietary Aide | $19,200 |
| 5 | Retail Sales Associate | $19,300 |
| 6 | Maid or Housekeeping Cleaner | $19,500 |
| 7 - Tie | Lifeguard | $19,900 |
| 7 - Tie | Personal Care Attendant (PCA) | $19,900 |
| 9 | Produce Clerk (Grocery) | $20,100 |
| 10 | Restaurant Host/Hostess | $20,300 |
Where Gen Y Employees Work
| Rank | Company Size | % of Gen Y Workforce |
| 1 | Small Companies (<100 employees) | 47% |
| 2 | Medium Companies (100 to <1,500 employees) | 30% |
| 3 | Large Companies (1,500+ employees) | 23% |
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Fresher salaries in various
companies in India
2011 – 2012
2011 – 2012
Following is a freshers salary comparison table of various companies in India for year 2011 -2012. This information of pay packages is collected anonymously from freshers, college pass outs of various colleges across India, who got placed through campus recruitment and or walk-in / off-campus recruitment drives. Freshers Salary Comparison Table of Various Companies in India.
Freshers Salary Packages in India Year 2011- 2012
-
Company NameFresher Salary Range StartFresher Salary Range EndAverage SalaryAricent India325000400000362500Alcatel Lucent India250000350000300000ABB India550000680000615000Accenture India320000380000350000Adp india350000375000362500Adobe India550000625000587500Amdocs India425000525000475000Amazon India7750001200000987500Birlasoft India300000350000325000CSC India350000400000375000Cisco Systems India8250001025000925000Computer Associates (CA) India475000550000512500DE Shaw India8000001000000900000Dell India300000325000312500Deloitte India450000525000487500Drdo India400000425000412500Perot Systems India275000300000287500Persistent Systems India275000325000300000Philips India475000525000500000Reliance Energy India550000600000575000Samsung India425000525000475000Fidelity India375000400000387500Siemens India475000525000500000Gci Solutions India300000325000312500Sapient India425000475000450000Fss India625000675000650000Evalue India375000425000400000Freescale India525000575000550000Schlumberger India102500012500001137500Schneider Electric India325000375000350000Futures First India625000675000650000Solidcore India675000725000700000GlobalLogic India375000400000387500Godrej India275000300000287500Sungard India425000475000450000Goldman Sachs India525000575000550000Syntel india325000350000337500T Systems India225000250000237500Harbinger India275000300000287500HCL India300000350000325000Tavant India325000375000350000Hexaware India300000350000325000Honeywell India375000425000400000TCS India325000375000350000Teradata India325000375000350000IBM (Global Business Services - GBS) India325000350000337500IBM (India Software Lab - ISL) India525000575000550000Tech Mahindra India300000350000325000Thoughtworks India550000575000562500Oracle Financial Services Software India250000275000262500Texas Instruments India600000650000625000iGATE Patni India225000275000250000Tisco India425000475000450000Impulsesoft India300000350000325000Torry Harris India300000350000325000Indorama India675000725000700000Toshiba India375000425000400000Infogain India225000275000250000Informatica India525000575000550000Trident India575000625000600000Infosys India325000375000350000US Technologies India225000275000250000Integra Fresher India575000625000600000IOCL India675000725000700000Verizon India575000775000675000ITC Infotech India275000325000300000Vestas RRB India275000325000300000IVY Comptech India700000750000725000Whirlpool India275000325000300000Jindal Steel India300000350000325000Wipro India325000375000350000Microsoft India7250001025000875000Naukri India275000325000300000Intelligroup India175000200000187500Collabera India275000325000300000Kennametal India475000525000500000Yahoo India7500001000000875000Zensar India250000275000262500Motorola India375000425000400000Robert Bosch India300000350000325000Polaris India175000200000187500Synergy India175000200000187500NCR Corporation India300000350000325000Jds Software Solutions India325000375000350000Era Group India175000225000200000Capgemini India275000425000350000Adsys India150000225000187500Avaya India325000425000375000Mahindra Satyam300000325000312500Unisys India275000325000300000Cognizant India275000350000312500Kumaran Systems India175000225000200000Via Technologies India550000600000575000QL2 Software India150000200000175000Thomson Reuters India275000325000300000Retina Software India275000325000300000Intel India525000825000675000Progressive Infotech India275000325000300000Infotech Enterprises India225000275000250000PRDC Infotech India225000275000250000FIS Global India2750003250003000003DPLM India325000425000375000HP India250000300000275000iWebleaf India325000375000350000Codepalm India275000325000300000Value Labs India150000200000175000Source Bits India225000275000250000Qualcomm India375000425000400000iGATE Patni india250000300000275000Oracle India425000825000625000Webyog India325000375000350000Mu Sigma India325000350000337500Google India102500012500001137500Nokia Siemens India250000325000287500Sasken India300000375000337500Huawei India475000525000500000Subex Azure India4750005250005000003i Infotech India250000325000287500L&T Infotech india250000300000275000NetApp india425000525000475000Juniper Networks India575000625000600000
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