Start-Ups Steal IT Industry's Thunder in Attracting Top Talent

Start-Ups Steal IT Industry's Thunder in Attracting Top Talent
High salaries have been made possible by the billions of dollars in funding that start-ups have secured

For years, India's $150 billion domestic IT industry that employs nearly 3.5 million people remained the top choice for engineering and MBA graduates. But the emergence of start-ups and the loss of momentum across top companies such as Tata Consultancy Services, Infosys and Wipro have tempered the enthusiasm for IT firms across India's top campuses.

Here are the reasons for the shift across India's top campuses:

1) Start-ups are doling out unheard of salaries for engineers. According to PhillipCapital, the average salary of a software engineer at Flipkart is Rs 9.80 lakh per annum as compared to the Rs 4 lakh package an engineer is likely to get at India's top four IT firms.
 

2)3)4)generous with ESOPs5)6)Flipkart has hiredRajiv Bansal quit as Infosys7)8)
9) 10)increased freshers' salary
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