From the Economic Times, dated 6 Mar 2008
“As India’s silicon hub, Bangalore’s dominance in offering highest compensation to software product engineers is being challenged by Pune, where average wages have gone up 15-20 percent in the same category since 2007, a study by a consulting firm revealed. “
“ “Though compensation in Bangalore continues to be the highest in the country, the dramatic wage increase in Pune can be attributed to high salaries offered by multinationals (mostly from the US) setting up captive centres in Maharashtra’s boom city,” Zinnov CEO Pari Natarajan told reporters.
On account of its head-start and as a premier IT destination, pay scales in Bangalore are nine percent higher than in Chennai, 12 percent more than in Pune (discounting multinationals) and 15 percent more than in NCR (national capital region) for junior, middle level and quality posts.
The study, covering 40 representative software product firms in four regions – Bangalore, Chennai, NCR and Pune, forecasts the average increment in 2008 will be 15 percent and 30 percent for top performers and laterals with rare skill sets, who constitute 15-20 percent of the total employees in the segment.”
For more, Please read http://economictimes.indiatimes.com/Pune_catching_up_with_Bangalore_in_IT_wages/articleshow/2842832.cms
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Tee hee hee! I might get an increment! I might get an increment! 
Okay okay! So I’ve worked for barely 5 months now! October isn’t that far! And who does NOT want more money jingling in their pockets (or rather in the back accounts!)? I swear, can someone please bring this article to my HR manager’s notice?
P.s. “Pay scales in Banglore are 12% higher than in Pune”; Hey Hey! why didn’t anyone tell me this before? 12% is like WOW!!
Doesn’t NVIDIA have an office in Bangalore?…
