Thursday, 29 May 2014 00:00
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The Sri Lanka Association of Software and Services Companies (SLASSCOM) together with PricewaterhouseCoopers (PwC) have published the SLASSCOM Salary and Benefits Survey for the fourth consecutive year.
IT/BPM staff are much sought after today not only in the outsourcing industry but also in more traditional industries such as banking, insurance, manufacturing, tourism, telecoms, etc.
This report provides an in-depth analysis of the emerging HR trends and issues of the staff in the Sri Lankan IT/BPM industry while providing a comprehensive understanding of the employee retention strategies executed by industry players.
The report also analyses wide range of job positions and the benefit packages offered by companies to retain employees. In addition to this, the sample of the study is comprised of small, medium and large IT, ITES, BPO and KPO companies operating in Sri Lanka providing a broad industry perspective on HR practices.
Commenting on the recently released report, SLASSCOM Chairman Madu Ratnayake reiterated: “IT/BPM continues to be a high growth sector for years to come and offers excellent opportunities for young and seasoned professionals. Our objective is to drive a highly professional and ethical people practices across the industry to help manage this growth effectively. The annual Compensation and Benefits survey is a compressive guide to enable companies to determine their compensation and benefit mix. It is an invaluable source for HR leaders in IT/BPM and any company who employees IT and operations staff in other organisations. We are glad to have PWC partner with to deliver this report for the fourth consecutive year.”
The report provides a wide range of statistical data such as market mean, median and percentiles for job positions in the IT sector, BPM sector and support functions. Therefore, it provides the opportunity for the reader to capture great understanding of the compensation and the benefits structure of the industry.
The report also covers entry level salary scales of selected job positions to provide a benchmark to the fresh graduates and school leaver salary scales in IT/BPM sector of Sri Lanka. Adding more value to the report, local salary data are also benchmarked against the regional salary data in order to highlight the competitiveness of HR practices in the country.
SLASSCOM Board Member and Head of HR/Capacity Forum Anuradha Tennakoon elaborated: “This is one of the most comprehensive compensation and benefits studies conducted on Sri Lankan IT/BPM industry covering emerging trends in HR practices of the industry. It will serve as an important tool for all stakeholders to set their own individual remuneration packages in place to adequately reward and retain the best talent in their own entities. I take this opportunity to thank all companies participated in the survey and we believe that the report will add value to the industry in reaching the target of creating 200,000 job opportunities by 2022.”
The survey is available for purchase at the SLASSCOM corporate office. For inquiries please call 117884460 or [email protected].
