ECONOMYNEXT - The Sri Lanka Association of Software and Services Companies (SLASSCOM) has published a new survey pay and perks in the information technology and business process management (BPM) industry.
The Compensation and Benefits Study for the IT and BPM industry, released for the eighth successive year, covers 54 SLASSCOM member companies, a statement said.
“This study is also a reliable tool for investors to assess Sri Lanka’s attractiveness when looking at entry or expansion opportunities in the knowledge solutions industry.”
BPM covers knowledge services, data analytics, legal services, Business Process as a Service (BPaaS), cloud-based services. IT Services and sectors within it such as IT consulting and software testing.
SLASSCOM said the study was conducted during September through December by PricewaterhouseCoopers (PwC), who have partnered with SLASSCOM to compile this report on six previous occasions as well.
“The IT/BPM industry is recognized as a thrust industry within the National Export Strategy (NES) and is promoted globally as the “Island of Ingenuity” for world-class knowledge solutions.”
The industry goal is to reach US$ 5 billion by 2022, with 200,000 skilled jobs, along with a thriving ecosystem for start-up companies.
The SLASSCOM Compensation and Benefits study enables companies to compare the local benchmarks across streams such as Software Engineering, Software Quality Assurance, Business Process Support, Business Analysis, Project/Program Management, Network Administration and other industry specific roles.
The study is also structured to provide these insights across different sizes of companies in order to benchmark a company effectively.
The study covered an analysis of 150 job positions across a wide range of job families, representing the compensation practices and perspectives of small, medium and large IT and BPM companies.