The Hindu Business Line : Indian IT managers among lowest paid in the world: Mercer survey

THE information technology sector may be among India's top paymasters, but IT managers in India are among the lowest paid in the world, according to a new survey by Mercer Human Resources Consulting.

IT managers — defined as those who are responsible for developing IT systems and managing a company's IT specialists — in India, on an average, earn $26,500 a year, the survey said.

While the top earners are IT managers in Switzerland who take home an average of $1,61,900 a year, those who earn the least are IT managers in Vietnam who are paid an average of $20,100 a year.

The survey, which covered 5,300 companies across the world, found that eight of the 10 highest-paying countries for IT managers are in Western Europe.

Japan and Hong Kong are the only two non-European nations that rank among the top 10 for pay to IT managers. According to the survey, IT managers in Japan earn on an average $1,12,300 a year and those in Hong Kong $97,600 a year.

German IT managers earn an average of $1,26,700 a year, while those in Denmark take home an average salary of $1,16,000 a year. IT managers in the US, which is ranked 14th, earn an average yearly salary of $89,100.

At the other end of the scale, IT managers in the Philippines earn an average salary of $20,700 a year and those in Bulgaria and Malaysia an average of $28,800 a year, the survey found.

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