Now, IIT-Delhi students turn down salary offer of $125,000 per annum

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New Delhi, Dec 9: Earlier, four students of IIT Kanpur turned down job offers which would have paid them more than Rs. 1 crore yearly because of priority to professional fulfilment and now some IIT Delhi students have turned down international offers with over $125,000 (Rs 76.25 lakh, at $1 = Rs 61) per annum packages so that they can work within the home country.

As per details of the annual placement drive shared by the premier engineering institute, the first six days of placements have seen a 30 per cent increase in the total number of campus offers by companies this year.

Now, IIT-Delhi students turn down $125,000 offers.
Nearly 50 per cent of the batch got jobs during this period, said a statement issued by the IIT Delhi.

"Some students rejected international offers including those with over $125,000 per annum as base pay this year, opting to accept offers from either the company's counterparts in India or other firms with domestic offers on campus," it said.

A number of technology companies showed up in the first week rolling out high packages of over $100,000 (Rs 61 Lakh) per annum as base pay for international positions.

A few core companies also rolled out international offers.

Many Japanese companies visited the campus in the first week to recruit students. However, most of the offers have been for India with an overall increase in average packages for domestic profiles for the first week in the range 20-30 per cent, the statement said.

(With inputs from agencies)

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