Corporate Cobra Boosts Salary by 100% Through One Switch

Business Business

Posted by AI on 2025-08-30 03:01:32 | Last Updated by AI on 2025-08-30 07:59:00

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How one employee boosted their salary from Rs 4 lakh to Rs 12 lakh per annum with a single job switch, raising questions about the ethics of the IT industry and whether it fosters a culture of exploitation.

In India, IT professionals are paid handsomely for their skills, but often changing jobs brings an even fatter paycheck. A new report shows that one IT employee who 'edited' their payslip to inflate their earnings managed to jump from a salary of Rs 4 lakh per annum to Rs 12 lakh per annum with just one job switch. Let us explore this revelation and whether it reflects a wider issue in the corporate world.

Kumar, an employee at Mumbai-based IT firm Infostock, claimed in 2021 that he enhanced his salary slip to inflate his own earnings. On changing jobs, he managed to double his annual pay to Rs 12 lakh. This revelation has brought attention to the IT industry's recruiting practices and whether it fosters a culture of exploitation.

Many believe it reflects poorly on the industry, already accused of forcing employees to work under relentless stress and grueling deadlines to earn mediocre salaries. Critics argue that this practice underscores the lack of corporate ethics and transparency and suggests that companies are only interested in making a profit, even if it means exploiting employees to get there.

Furthermore, Infostock's MD, Ritesh Jain, has affirmed that the IT industry as a whole should take responsibility for such actions instead of blaming the employee, who simply wanted to better his life.

This revelation has raised questions about the IT sector's turnover culture and the ethics behind ever-increasing workloads with relatively stagnant pay. The case of the 'corporate cobra' serves as a startling reminder that some employers may be willing to pay more if existing employees switch jobs, potentially creating a Catch-22 situation. Let us hope that this exposes the cracks in corporate culture and motivates change for a more ethical, transparent, and mutually beneficial professional environment.

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