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Salary myths!!!

There are many polls going on around the salary structure, whether a person is under-compensated or over-compensated. A few things which I have experienced regarding salary. 1. Don't compare the out of the organization salary with that of inside the organization salary. It never matches and will never be. 2.Don't compare product based company salaries with service based companies. 3. The people having trending/on-demand skills(new skills in the market) will get paid more than the pre-existing ones. 4. Post graduate degree in any other discipline apart from CSE, IT and MBA are not considered relevant in every company. Very few companies might think about it. 5. Years of experience(YOE) do play a role in salary hike while making a move to a new company, but most of the MNC's have a cap for a particular level(role). It depends upon the negotiation skills of the individual to squeeze out every penny from the company. Do let me know if I missed out on something. Hope you all have a great career ahead!!!

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courageousDev

TCS

3 months ago

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