Upset with your pay, which appears low in comparison to others with H1 visas or those employed abroad? The next time you receive a salary, avoid comparing it to someone earning more in the US while performing the same Freshers Jobs and feeling let down. Instead, boost your pay by three because a basket of the same things in the US costs more than it does in India.
Several people are joining multinational corporations (MNCs) that operate from other countries, mainly the US, as a result of outsourcing offering work prospects in India. For a few months after joining Fresher Jobs In Gurgaon, individuals will be content with their compensation. Later, though, they begin comparing their pay with that of their American counterparts and get discouraged. But they fail to remember that money in India has three times the purchase power of money in the US. To further understand, let’s compare the cost of living in India to the US.
Food: In India, food is affordable. Let’s compare the cost of basic groceries in the US and India. In India, a regular loaf of bread costs between Rs. 16 and Rs. 20, however in the US, it costs over Rs. 50. In India, a dozen eggs cost about Rs. 33, whereas in the US, they cost about Rs. 60. In India, 250 grams of tea powder costs about Rs. 70, whereas the same quantity costs about Rs. 190 in the US.
Maid: You could certainly hire a maid for Rs. 1,000 per month to wash your clothes, do the dishes, and even mop the floor. In the US, it would be difficult to hire a maid for two hours for the same pay.
Transportation: Autos are quite inexpensive in India; you will pay about Rs. 12 for the first 1.5 km, and then Rs. 7 each mile. Even if you reserve a private cab, you will pay a minimum of Rs. 30 for the first two km and an additional Rs. 15 for each additional km. The minimum taxi charge in New York City is Rs. 225. If you’re a fresher, and want to get a job in India, apply your resume in various job sites to get the latest Jobs Alert.
Apartment rent: A two-bedroom apartment in a desirable neighbourhood rents for about Rs. 7000 in India versus about Rs. 54,000 in the US. Yet the two apartments won’t be identical. Flat in the US has central air conditioning, a refrigerator, gas stoves, some furniture, etc. In the US, apartments are unavailable without these amenities.
Other utilities: Gas prices are subsidised in India. A petrol cylinder may be purchased in India for Rs. 315, whereas the same amount of petrol in the US costs about Rs. 2250. Installing a set-top box would give you access to high-definition cable television and a respectable number of channels for no more than Rs. 400 per month in India. But, cable TV in the US costs about Rs. 2250 for 70 channels.
The cost of a yearly subscription to the Wall Street Journal is approximately Rs. 5355, while The Economic Times is roughly Rs. 1260 in India.
PPP makes parts of a person’s basic and essential necessities, like food, shelter, clothing, transportation, and entertainment, affordable in India. Compared to the US dollar, the Indian rupee has a higher purchasing power. This is another factor in the large number of Indians who left the country then returned, often to lower-paying jobs.
Conclusion
This article discussed freshers’ Indian salaries are more valuable than other countries. So, search for Freshers Jobs In Pune on google to know the latest job alert.