IT companies are wicked !

All the Indian IT employees are billed in $ USD to their clients . $ keeps rising but employees are never compensated for that.

For example, in the last 1 year the dollar has risen by 5% which implies they earned 5% more from clients in INR. Forget passing this 5% amount to employees, they are giving you a hike in the range of 1-4%. Which implies that your salary actually decreased in $. 

Indian inflation is not taken into account as well , so the value of your salary has decreased in INR as well. 

The house that you thought you'll buy next year after salary hike will still be unaffordable and then we expect the IT employees to power the economy. Not to miss, there has been hardly any tax relief to IT employees by Nirmala Sitharaman. 

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