Covid Injects 30% Salary Increase for IT and Computer Engineers | Ahmedabad News
The digitization triggered by Covid-19 continued to fuel the salaries of computer engineers for the second year in a row, as major engineering institutes saw companies shell out nearly 30% higher salaries to attract high tech talent. requested.
DAIICT officials said the highest package offered to students from 2017 to 2020 was Rs 29.3 lakh, Rs 39 lakh, Rs 39 lakh and Rs 51 lakh, respectively.
“Google’s Rs 52.75 lakh placement offer is one of the highest ever offers,” said Soman Nair, executive registrar, DAIICT. “For the first time, top talent companies like Google, Microsoft, Sprinklr and De Shaw participated, making a total of 36 offers to graduating students and 62 to pre-final students.”
The first batch of MSc (data science) at DAIICT also earned an average salary of Rs 16 lakh, officials said.
The year 2020, which saw most of the difficulties in finding jobs, IT and IT engineers were spoiled for choice as most businesses moved their operations online. The trend continues, although stronger in 2021, said education institutes based in Ahmedabad and Gandhinagar. Experts said that an average 25-30% increase in maximum salaries is observed at several institutes.
Professor Mithun Radhakrishna, Head of Career Development Services at IIT Gandhinagar (IIT-Gn), said the UG IT batch saw the biggest pay increase of 58% while the salary median registered a 36% increase, he said. “Some of the companies that participated in the recruiting include Google India, Oracle, Swiggy, PayTM, Samsung Research and Barclays, among others,” he said.
At Nirma University, computer engineering has seen an average salary of Rs 8.5 lakh and the highest at Rs 46.5 lakh this year. University vice-chancellor Professor Anup Singh said the discipline registered a 100% placement. “The other disciplines have a placement at around 80%. The factor for the increase is surely the post-pandemic requirement for a skilled workforce,” he said. Ongoing internships at Gujarat Technological University (GTU) have already seen the placement of around 70% of students with an annual fee of Rs 4.5 lakh to Rs 7 lakh, officials said. Professor Vinod Patel, internship coordinator at LD Engineering College, said they registered 100% internships in the last cycle with an average flat rate of Rs 7 lakh. “The highest bid so far is Rs 10 lakh, which is expected to increase further,” he said.