75% of IT pros with current employer for less than 2 years

Copyright 2007 The Press Trust of India
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The Press Trust of India -395 words
April 5, 2007 Thursday

NATIONWIDE INTERNATIONAL NEWS

Bangalore Apr 5

More than 75 per cent of the IT professionals have been with their current employer for less than two years, indicating that they are looking for a fast track career growth, a survey said.

Nearly 63 per cent of the IT professionals have less than five years of work experience in
IT or IT related field and more than 70 per cent have been promoted in the last one year, the online survey said.

Nearly a fourth of the job seeking IT professionals are "an extremely happy and a committed lot" with TRI*M index (a measure of strength of the employee-employer relationship) of 70 plus, higher than the Indian industry average of 62.

The survey of 1,886 respondents from among 350,000 members enrolled on CyberMedia Dice, a dedicated technology job site, was carried out by the Indian arm of custom research agency, TNS.

IT professionals promoted in the last six months in their company have the highest satisfaction level while those waiting for their promotion for over two years are the least committed to their jobs, it said.

The survey, released at a press meet here, also found that professionals at junior to middle level with a gross salary of Rs five lakh are more committed than those at the middle or senior level with a salary of Rs 12 lakh.

Multinational companies (Indian or non-Indian) are able to command higher level of commitment compared to those respondents with Indian or joint venture companies, it said. Those who believe that IT professionals have enough time on hand for fun and 'pubbing' are in for a surprise as three out of five IT professionals spend between 8-10 hours of work everyday. One out of six IT professionals put in over 10 hours of work and only one out of four were lucky to put in under eight hours of work, it said.

According to the survey, the West of the country has the highest average annual salary of Rs 4.91 lakh followed by the South 4.79 lakh. North and East had Rs 4.58 lakh and Rs 4.14 lakh respectively.

The average annual salary of job seeking IT professionals in Bangalore and Gurgaon, just above the Rs six lakh mark, is the highest in the country, it said.

CyberMedia Chairman and Managing Director Pradeep Gupta said a closer look at the profile indicates that they "are restless, very ambitious professionals looking for a fast track career growth. The challenge for the industry is to meet their ambitions and aspirations."

April 5, 2007