How much do companies make per employee

I surprised and shocked to see how much revenues the major IT companies in India make per employee.

Cognizant: $44,452 per year

Infosys: $46,629 per year

Source: #-Link-Snipped-#

Now, how much do you make per year in USD? 😁

...and then companies say they can't afford you because there are no projects!

Replies

  • Anoop Kumar
    Anoop Kumar
    ...and 70% (I think 80%) not get paid even $1K/month👎
  • durga ch
    durga ch
    TM - 500$ per day
    TL - 800$ per day
    so may be an estimation can be made here.
  • Kaustubh Katdare
    Kaustubh Katdare
    durga
    TM - 500$ per day
    TL - 800$ per day
    so may be an estimation can be made here.
    $800 per day! That's over Rs. 40,000 per day!

    You sure about that? 😲
  • silverscorpion
    silverscorpion
    She probably meant $80 per day, which comes to around $1700 - $2000 per month, or $20400 - $24000 per year. It still seems to be only 50% of what the company gets from one employee.
  • durga ch
    durga ch
    no , i meant 800$ (AUD)
  • Kaustubh Katdare
    Kaustubh Katdare
    durga
    no , i meant 800$ (AUD)
    AUD is even pricier than the USD! 😲

    Did you mean per 'day'? 😖 .
  • durga ch
    durga ch
    yes, it is per day. I used to submit my own SOW (Statement of work) to the client. So yes, it was 500AUD for TM.As of that matter, the offshore resource too gets around 200-250$ /day, but paid in penny.
    in both the cases only the base salaray is paid as per gov regulations . Like for AUS a IT engineer must not earn less than some62K per year ( not sure if this value has changed) so companies end up paying only that much.
  • Anil Jain
    Anil Jain
    durga
    no , i meant 800$ (AUD)
    Freaking awesome !
    How many days the employee gets paid in a year?
  • Anil Jain
    Anil Jain
    I would say $200 to $250 depends on level, untill you are a people manager or + For them may be $300;

    $800 is beyond imaginations, for a permanent employee. Contractors do get this much amount but again for them the tenure is very less.... say month or two.

    -CB
  • durga ch
    durga ch
    true.
    The calculation goes this way i think( not into management) but
    TM direct contractor gets 500
    TM sub contractor too gets 500, but he is paid 300 by his contracting company
    TM onsite resource too gets 500 , he gets paid 120$ by his company
    TM offshore resource gets 200-250$, he gets paid (penny)
    I am not too sure above hireups as I was always in TM role..

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