Salary for 11 YOE DS experience?

Hey everyone, happy to answer any questions around Data Science/ML/AI and making a career within it A brief about me, I work currently as a Sr. ML Engineer at an Indian unicorn startup I graduated 5+ years ago and have since worked as a Data Scientist / ML Engineer at an ecommerce company and social media company. My designations have changed based on the industry requirements and work too changed based on that. Would love to take questions on what it means to be an ML Engineer, my early learnings from a career in data science, and thoughts on AI. Look forward to all questions :)

I am a software engineer with 2+years of experience at a product based company. My current CTC is around 10 lpa which I feel is below market standards. Also my wlb is terrible and growth at my current organisation has become stagnant. I mostly work on bug fixes and some minor feature enhancements. What are the skills that are required to switch to a product based company as soon as possible with at least 15-17 lpa ? Currently I am not aiming for big tech ( FAANG) type companies as I know these will require thorough DSA , System design preparations which is not possible with my current job.

Comment down below your CTC and Experience and let others judge you that you need a switch or not. Mine is 7 LPA, Newly joined at Deloitte USI.

While the starting salaries and salaries at <10 yoe have really sky rocketed and this is good for the ecosystem, wanted to understand what happens to salaries in tech/product post 15 yoe+. I’m curious about this especially because it doesn’t tie up with income tax data. Assuming seniors leaders in tech and product would be making 1 cr+ easily and most of these would have formal streams of income that can’t be hidden easily, income tax department reports only around 1.3 lakh individuals (2 year old data though) who had taxable income above 1 cr. Even if the number has risen to 2 lakhs now, it still doesn’t tie back to the stories here of many people making above 1 cr. Is the income tax data wrong or are the salaries plateauing at around 80-90L or have people found some amazing ways of saving tax. Just curious!

I have close to 14 years of experience mostly in development and solution architecture. Right now I am working in a top FMCG company for 3 years now and now I want to switch to technical product based company such as FAANG , Salesforce and so. I need some help/suggestions on how should I move forward for the preparation.rrwuest you guys to share your experiences as well

I am good at DSA and in HLD. I feel pretty confident that I will be able to crack the interview once I get a chance. I have 2 yoe in total in 3 product based startups. Graduated Bsc cs from a tier 1 college. For folks who manage to get at interview there, what thing help you the most?

RANT ALERT I am a Software Engineer with 2 YoE. Wherever I apply they ask for 3+ or 5+ YoE minimum. I am hardly eligible for any roles. To one recruiter I really got angry and said "What is it that you believe 3+YoE candidates can do and 2+ can't ?" I got the same old reply - "It is company's policy" . I wonder who makes them. There are some really stupid people above us. Seriously - how does an EM decide that this position requires at least 10 YoE. I bet they haven't the slightest clue and possibly tossing a coin. Or worst, they think what they were capable of doing at 10+ YoE themselves.

It is generally considered as when you join FAANG you are a software developer, with tags such as SDE I or II or III. But I've heard very little about analysts/data engineers/data scientists in these companies. I am a B.Tech final year student and I'll be joining a Data Analysis startup firm in June this year. So I wanted to know about my future opportunities in FAANG companies, I want to know if the salaries offered by these companies for such roles are similar to the Developer role and firstly do they provide opportunities for students coming from a background like mine?

Can people who have been at FAANG for 4-5+ years share what their salary progression has been like? I came to know recently about someone where the first year TC for a L5 position at Google was 1.54cr where the base was 60.5 lpa. Assuming one starts at 1.54cr (which in my mind is already quite inflated for someone with 8 year experience), what would their salary progression look like?