Karachi Remains the Highest Paying Market for IT Professionals: Survey
Karachi has been paying the highest salaries to 49% of the roles in the IT and ITES sector, while Islamabad pays 41% of the roles higher than Karachi & Lahore and Lahore pays 10% of the roles the highest national salaries, revealed a recently conducted survey by PASHA.
The Pakistan Software Houses Association for IT and ITES (P@SHA) released its 2013 IT Salary Survey report yesterday in Karachi.
The survey reveals that the highest paid job function is the Chief Information Officer (CIO) who on average earns Rs.261,111.67 per month (where 56% of the respondents have said that their CIOs are paid more than Rs. 325,ooo per month) which is 5.2% higher than the national average for CEOs.
Some of the highest paid jobs after the senior management is the Senior Software Development Manager who on average is being paid Rs. 171,944.51 per month (where 9.7% of the respondents have said that they pay more than Rs. 325,000 per month) in Pakistan.
The lowest paid job is found to be an Administration professional with 0 to 3 years of experience who makes Rs.21,448.41 per month. Detailed findings for each of the 75 roles are presented in the P@SHA IT Salary Survey 2013.
The IT & ITES Industry of Pakistan is a rapidly growing Industry segment which provides direct employment to around 100 thousand people and another 50-100 thousand indirect employment.
The driving force behind the IT industry is the human resource working in this sector. Companies desire the best talent, both to hire and to retain. Fair compensation and benefits rank highly for any employee who wishes to work for, and continue to grow in this industry. Further, the rate of compensation, promotions and job requirements change rapidly in the IT Industry, making a regular IT Salary Survey an important tool for companies wishing to hire and retain the best talent.
Jehan Ara, President P@SHA, said “The 2013 edition of the P@SHA Salary Survey is an improved and extended version of the 2008 and 2012 surveys; it is the most comprehensive research that P@SHA has conducted to date in this field. We hope that this Salary Survey will enable companies to benchmark the salaries and growth timelines for their employees effectively. P@SHA will continue to conduct the IT Salary Survey every year which will help track year on year patterns and document the industry standards”.
The P@SHA IT Salary Survey 2013 is the third survey conducted by P@SHA for the IT Industry, this survey includes findings from 87 companies 16,288 employees working in 20 job roles and 75 unique levels both in core IT and business roles.
The roles included in the survey are Architects, BPO Customer Service Professional, Programmers, Database Administrators, Graphic Designers, Helpdesk/Support, Project Manager, Software Development Manager, Team Lead, Quality Assurance, Technical Writer, System Administrators, Research & Development, Social Media Marketing Professionals, Senior Management, Human Resources, Business Development Professionals, Business Analysts, Finance and Administration.
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