Salary hike puts Indus within reach of Days Zero
IndusLaw may have been growing leaps and bounds, including by recently breaking into the cozy top-tier capital markets club and having been one of the more aggressive lateral hirers in recent times, but the firm’s starting salary had somewhat lagged behind compared to the highest-paying firms.
The firm has now hiked its fresher lawyer starting salary into the symbolic Rs 1 lakh per month (Rs 12 lah per annum) club, excluding a 10% performance-dependent bonus that is generally paid out in full or thereabouts.
For the last two years of campus recruitments, the salary offered to fresh Indus recruits from college had been Rs 90,000 per month (Rs 10.8 lakh per year), three years ago that was Rs 80,000 (Rs 9.6 lakh per year).