issue 21
may 2016
01
15
FORUM
ACTIVITIES
MEDIA
INTEREST IN
SLASSCOM
17
MEMBER
NEWS
IT/BPM
COMPENSATION
BENCHMARKING
REPORT OUT
Pricewater house Coopers, Sri Lanka (PwC) recently concluded the
2015/16 compensation and benefit survey for the Information Technology
(IT) and Business Process Management (BPM) industry in Sri Lanka and
published a benchmarking report on behalf of SLASSCOM.
The
SLASSCOM-PwC
compensation
benchmarking
report published is part of
SLASSCOM’s
initiatives
to
promote the workforce talent
within the industry whilst also
helping disseminate latest talent
management practices in order
to enable local companies to be
globally competitive.
As part of ongoing efforts to
improve
the
benchmarking
process,
during
this
year,
standardised industry job levels
and a level wise competency
framework was developed and
employed in order to ease the
comparability of results across
companies.
As
local
companies
have
endeavoured to grow, we have
witnessed what can be perceived
as a demand-led escalation in
entry level graduate salaries for
mainstream business areas such as
software engineering and quality
assurance within the IT sector.
Salaries at the entry level on
average witnessed a higher rate of
increase in comparison to those at
senior positions whilst budgeted
estimates for 2016 indicate
likelihood of witnessing further
upward movement of these pay
levels.
The BPM sector in particular is
noted to have been promoting
Infrastructure
Engineering, Information
Security, PHP, Hyperion
and Application
Engineering have been
reported as high demand
areas of specialisation
within the IT sector
Continued in page 4