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That's how these offshoring consulting companies make money: for every 7 fresh undergrads, there is one senior person. They pay $3500 per annum for these cheape
by raincom 6y ago
That's how these offshoring consulting companies make money: for every 7 fresh undergrads, there is one senior person. They pay $3500 per annum for these cheaper resources; the senior resource gets paid about $16000 per annum. Profits for these consulting companies come from these $300 per month resources.
- texasbigdata 6y ago$300 per month for an undergraduate? Genuinely seems a bit low
- imtringued 6y agoThere are countries in Africa that pay more than that for unskilled manual labor. Even the cheapest software developer should be able to get $1k before tax per month. Of course I am assuming that these people actually became software developers, if those 7 juniors are merely trainees who haven't written a single line of code in their life then that salary may be justified.
- raincom 6y agoThousands of undergrads are happy to even get that job in India. That's what TCS/Infosys/Wipro pay for fresh graduates; that's why they milk from the billable hours model.
- qaq 6y agoI can speak for their Ukrainian offices starting pay is around 1.2K/month USD and it quickly goes up mid level (3+ years) would be 2.5K+ and senior 4k-6.5K/month. Tech leads architects can make over 8K. Keep in mind that given a tax regime in place of like 5% and cost of living being low you are in very solid shape.