As per latest reports, salary hike in Indian job market is just 0.2% since the 2008 economic crisis, even though the GDP growth in India over the last 8 years is enormous. Further is is being reported that there is huge salary inequality among the top brass and the bottom-line employees.
This can be given with the help of a small example. In 2008, the average starting salary of a B.Tech in IT industry was 3.00-3.15 lacs per annum. As of latest reports, the same bunch of B.Tech guys are now offered around 3.5-4.00 lacs per annum, even though the expenses has risen to greater extent in these 8 years.