GCCs pay 20% more than IT firms

The global capability centers (GCCs) are paying 20% more salaries to employees compared to IT companies and non-tech firms employing tech people, said the latest report from TeamLease Digital. The report has divided the salary structures for tech roles into three categories: GCCs, IT sector and non-tech sectors. In the case of GCCs, for instance, the salaries are at premium to the other two categories, especially at the freshers level, due to their adherence to global standards, the demand for specialised technical skills, and intense competition.