Fat Pay Packages Justified?

Two fresh graduates from the University of Hyderabad who landed with Rs 32 lakh package stirred a debate whether freshers should be given such big offers

Published: 29th October 2015 04:22 AM  |   Last Updated: 29th October 2015 04:22 AM   |  A+A-

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HYDERABAD: The news that two graduates from the University of Hyderabad have landed jobs with a Japanese company for a pay package of over ` 32 lakh per annum is causing a buzz, both among students and employees. While students are celebrating their success, many others believe that if young graduates deserve such obscenely high packages, especially since their competence is yet to be proven, it is not justified.

After years of hard work, which include assignments, internships, overseas experience,  projects and a number of examinations, every student thinks he deserves a well–paying job with numerous incentives, regardless of the competition. Every graduate aims for the best and the most–paying job. They think, “After all these years of being an all star student, I deserve it.”

Surprisingly, there are some employers who seem to think that the graduates truly deserve handsome pay packets. Indian higher education system is a large and complex one with 700 universities, more than 200 million students and 35,000 affiliated colleges. With the increase in the rate of students graduating in India, the demands of the freshers has also increased. Though there are quite a few reasons one would agree to pay freshers with high salaries, it is still a question to be considered if it is right and justifiable. When asked more about this, here’s what they say:

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