Financial analysts at NT Bangalore report on Glassdoor that annual compensation averages 335,000 indian rupees ($US 4,400). This is less than 10% of comparable Chicago wages. NT can hire 5 Bangalore analysts for each Chicago layoff and still cut comp costs in half. Benefits savings are also huge because health insurance is far cheaper in India than the US.
www.glassdoor.com/Salary/Northern-Trust-Bangalore-Salaries