Pay gap rising between freshers and top management in Indian IT companies

The packages of freshers have increased marginally, by 20 per cent, since 2010, while the packages of CXO-level employees have gone up by 70-90 per cent

The pay gap between top managerial posts and freshers in the Indian IT industry has been rising. The packages of freshers have increased marginally since 2010. On the other hand, the packages of CXO-level employees have gone up by 70-90 per cent, according to a report in Economic Times (ET).

Freshers constitute nearly 30 per cent of the workforce in India's IT industry. Their average annual salaries have stayed around $5,000. In the past decade, the salaries have barely gone up by 20 per cent, ET added. 

The salaries of mid-level employees have jumped 40-50 per cent in the same period.