Btw sukhi, what do you mean by “security services” I didn’t exactly get that part !

Exactly, the pay package is what I was talking about! Consultants are definitely paid more, by the hour. However, even the pay package is decided based on the hourly rates. So, that’s why the build up was given.

Yes, for that matter, the SAP Netweaver technology platinum consultants are paid exorbitant rates dude! Something like around $450.00 per hour and more ! I was talking about the regular employees. And I confirmed, the going rates sound definitely right according to the post !

A pay package is vastly different – its a fixed thing, and given for employees. Consultants, and outside hires – even temps maybe – get hourly rates.

From what I have seen, hourly rates for yanks working at the client site start around 150$ or so. Indians charge much lesser – both figures for consultants.

But yeah, regarding the pay package… Simple, it’s for a 1 year experienced person with a skill set of Microsoft technologies would be getting about $80,000 per annum and now just calculate back!

Regarding the Indian billing, are you completely sure? Either that or I was grossly misinformed!!

Will post after discussing with some people !

“Software industry” per se is an industry. Which means its going to have all the trappings of a regular industries – services, products, vendors et al.

Most biggies of the industry are into services, because, lets face it – its easiest to make money in services – AND services, are the hallmark of advanced economies, I kid you not. A good economy will generally tend to have a lot of services contribution to it followed by similar amounts of agriculture and industry – that is 3 pillars of the classical economy – primary, secondary and tertiary industries. In India service industry contributes to half the economy.

Now, just because a lot of the Indian IT industry is in the service industry does not mean its bad per se. IBM – the BIGGEST software co is wholly into services now, after selling its PC biz to Lenovo. So IT services per se is not bad – and is lucrative as well.

One can complain that there are not too many product companies in India – but there are never too many product companies anywhere – and its the US that has the bulk of them anyway – any other country doesnt even come a distant second.

That doesnt mean I think its great to have too many service oriented industries – but that I think its unavoidable. Cos IT services is vastly more needed than product development – and even there, we’ve some mid-sized cos operating, like Subex, for example.

btw, Guru, I’m curious about your figures on hourly rates. From what I know its way too low for the Yanks, and for the Indians as well.

and this:

Now, here’s the bad deal. So far India hasn’t received exactly top-notch work for many reasons -

* It hadn’t proved to the “offshoring” companies that it’s a major player, involving issues like information security, and various other aspects
* It was too keen in earning money to concentrate on research work
* They were too comfortable in not taking any responsibility for ownership related work

is wrong. All of it. Check out the Indian presence among security services, for example – there are plenty of Indians there.