5 High & Low Paymaster Companies In India

India is a nation where corporates have a big role for the growth and in another sense one could say organizational firms are actually the backbone of Indian economy, where the place was earlier held by the Agriculture sector of the country. After the period of liberalization in the year 1991, the country's growth entered in another trajectory with high speed and wide reach in holistic growth. which is actually lacking in many other developing economies.

India is ranked as 12th top world's largest economy and also the 4th largest in terms of purchasing power equality adjusted exchange rates i.e. PPP. It is the 128th largest in the world on per capita basis and 118th by PPP.

Here is a list of top 5 HIGH PAYING COMPANIES;

1. IBM

Avg. earnings for workers working in IBM earns Rs. 4 lakhs to Rs. 6 lakhs per annum and also offered with a admirable salary package as its totally depends on performances, IBM is not so good when it comes to job-security. Neither is the company known for its employee-friendliness. International Business Machines Corporation, incorporated on June 16, 1911, is a technology company. The Company operates five business segments: Global Technology Services (GTC) and Global Business Services (GBS), Software, Systems and Technology (STG), and Global Financing. Global Technology Services (GTS) primarily provides IT infrastructure and business process services.

1. CTS

The total salary pay skill is Rs. 3 lakhs to 6 lakhs on yearly basis, The fact that the rate of attrition at CTS is low shouldn’t come as a surprise when you learn that the employees enjoy a comparably higher growth rate than those in other workplaces, thanks to the frequent salary hikes. Cognizant enables global enterprises to address a dual mandate: to make their current operations as efficient and cost-effective as possible and to invest in innovation to unleash new potential across their organizations.

1. TCS

Average salary package is of Rs. 3 lakhs to 5 lakhs per annum and it’s not just the pay that makes TCS dear to its employees but also the job security that the company provides. And this is quite well reflected in the high number of employees and the lesser attrition rate.

Avg. salary package: Rs. 2 lakhs to 4 lakhs(Jr. Engineers) per annum

While the jr. engineers make a more than decent amount of money, Sr. engineers take even more money home, and that’s one of the main reasons why Accenture attracts good resources. Accenture helps organizations assess how to maximize their performance and works with them to achieve their vision. We develop and implement technology to improve our clients’ productivity and efficiency – and may run parts of their business. Ultimately, we enable our clients to become high-performance businesses and governments.

1. Google

Avg. salary package: Rs. 6 lakhs to Rs.10 lakhs per annum

With Google the salary package includes the bonus too. Aside from the pay, there are factors like a creative work culture and other perks which make Google desirable for candidates. Google also has offices internationally. While much of the information presented here refers to Google’s US offices, they currently have hundreds of Google Openings Worldwide in areas such as Asia-Pacific, Europe, the Middle East, Africa, and the Americas.

Now, check the list of few WORST PAYING COMPANIES ranked top lowest paying firms.

1. Syntel Ltd. Pune, Maharashtra

Employees of Syntel Ltd. admits that the salary earned by them is much less than what a gas station employee received. And also the organization’s service policies clearly smacked of nepotism and favoritism. The working atmosphere was also not conducive for career growth. A majority of the employees felt that the company did not have ethical employment policies and a supportive working atmosphere.

1. Sphinx Network Solutions, Chennai, Tamil Nadu

Recruiters for Sphinx Network Solutions has had a bad experience working for the company. They said that all of them had supplied many talented candidates to the company and but yet to get her dues from the firm. Furthermore, many employees said that their pay packets were poor and they never received their salaries on time.

1. Lakshmi Kumaran Sridharan, Chennai (branches all over India)

Many employers have admitted that the company follows a policy of discrimination at the time of paying salaries to its employees. Just because this firm based in Chennai, the employers were South Indian and they paid higher salaries to South Indian employees compared to their North Indian counterparts. The salaries were also much below the industry averages.

1. com

Many employees have left and gone on record to warn prospective employees about not joining this online form because they just hire and fire people at will and often do not pay full salaries for the total number of months one employee has worked in the organization. Employees in operations and customer support department simply do not get job satisfaction while working as their salaries are not commensurate with their position. 

1. Jindal Steel Works

JSW is a well known as one of the large organization that basically pays poor and the worst salary package to its employees. Many employees felt that the work culture is dreadful and only the lower level employees work in the organization. The middle–level and top level management only support and promote people who grease their palms. This is what a majority of the employees had to say about the company’s organizational culture.