Combinations are always important. Of course it will have a tough job but...whichever government was there has been facing the tough job over the past six months. I don’t see the job getting any worse starting June.
What happens with salaries in the IT sector? Do you think there is a need for any kind of a reset to, say, 2006 levels, out there?
I don’t know whether they will go back to 2006 level but I think for lateral recruitment, salary price points are significantly less. It’s not the question of flat salaries any more. They are significantly less because the market’s supply-demand situation does not require you to pay premiums.
In fact, it requires you to pay discounts. Whether the industry will reduce salaries on campus when they go on campus in early 2010, is difficult to say...(but it) seems likely. And it seems practical to do that. Because we have outstripped salaries which exist in some of our competitors, particularly China.
cnbctv18@livemint.com
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