HomeNewsBusinessHow much do IT employees earn within 5 years: An analysis

How much do IT employees earn within 5 years: An analysis

Other than a high salary and perks, industry experts say the challenges and the competitive edge makes a career in information technology (IT) even more lucrative. So the IT sector offers many fascinating options.

November 08, 2022 / 13:49 IST
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Data from the jobs portal Monster.com (September 2021-22) suggests software engineers are the highest-paid recruits with freshers taking home an average maximum salary of Rs.5 lakh per year. (Illustration by Suneesh Kalarickal)
Data from the jobs portal Monster.com (September 2021-22) suggests software engineers are the highest-paid recruits with freshers taking home an average maximum salary of Rs.5 lakh per year. (Illustration by Suneesh Kalarickal)

With more than 930,000 students enrolling in computer science in the academic year 2020, information technology (IT) jobs are among the top favourites of young people in India.

Data from the jobs portal Monster.com (September 2021-22) suggests software engineers are the highest-paid recruits with freshers taking home an average maximum salary of Rs.5 lakh per year.

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Other than high salary and perks, industry experts say the challenges and the competitive edge it offers makes a career in IT even more lucrative. So the IT sector offers many fascinating options.

Akhil Gupta, CEO of job portal Shine.com, observes that technology careers are available in a variety of contexts, including fast-growing startups, cutting-edge IT firms, and small IT departments.