Even though there is a shortage of skilled software engineers in India, freshers from IIT Kanpur are killing it when it comes to grabbing high-paying jobs. According to a recent report, freshers’ salaries from the university were an average of INR 50 lakhs per annum. “Gen-Z is killing it,” said a user on X.
On the other hand, a user replied saying that is not entirely good news. “Many employees become too expensive at a very early stage and might lose jobs. It is not good to be underpaid or overpaid. Your career is not a sprint, it’s a marathon,” the user added.
Similarly, when it comes to IIT Gandhinagar, the average salary of a CS graduate is around INR lakhs, while electrical engineers are also around the same package.
The top IIT in terms of placements, IIT Madras has an average salary of INR 41.72 lakhs per annum. Similarly, IIT Guwahati has an average salary of around INR 41 lakhs per annum.
This has arguably always been the case with freshers from IITs. On the other hand, there have been several graduates from college in India who are barely employable, according to a recent discussion.
Many Indian IT tech graduates are unemployable for any real time projects and responsibilities. “India IT talent is going down and Vietnam, Indonesia, Malaysia, and Philippines are taking up jobs as they have the hunger to succeed with hard work which India’s new college graduates don’t,” the user added.