Saturday, November 16, 2013

World pay scale or salaries PPP adjusted

Check it out and compare.. We hear grouses from IT engineers in India. For example, the most recent one from Economictimes here says India stood at 24th position but that's really a faulty method of checking. It says, that the data is PPP adjusted but I don't believe it is.

When checked with PPP (BBC tool /2012) India ranks at much higer place on an average. If I take 50,000 INR it puts in 10th position. This may be again faulty given this is across industries, and one may argue 50K is too high. But the fact is 50K per month CTC is quite a norm these days unless in call centers or some support functions.

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