>> Surely last year's MBAs will have seen a salary hike so that they are >> not >> making less than people a year below them? And more responsibility as >> well? > > Show me a company that will be that fair...it's usually a 10-20% > increase once you are collared.
I think it depends a lot on how the company hires. For companies that do a lot of hiring of fresh graduates who progress in a structured way (law firms, consulting firms, even Infosys for its programmers), I don't see how they can have a salary structure where the junior person is earning more than the senior person - it's just a recipe for tension and all kinds of craziness. I have literally never heard of it happening in that kind of situation. However, perhaps there are so few MBAs and they're all doing different things that it is possible to get away with paying the new MBAs more than the existing ones. In any case - we don't know for sure what the old MBAs are being paid, right? They may well have benefited from the same salary hike (job responsibilities are a different issue). Badri
