BouncyQuokka
BouncyQuokka

Salary Discussion

I see a lot of people think here that a 3-5 year experience candidate has a right to demand 40-50 lakhs pay.

Is it really the trend now? Am I unaware? I see pay range in 6figr & other websites but don't see the pay scale of 40-50 very often except for full funded startups, MBBs.

What is the reality of pay range by professions for exp 3-5 years?

13mo ago
SillyDonut
SillyDonut
TCS13mo

On GV, u have top 1% of top 1% of crowd. Means 0.01% Elite. They are good at what they do and hence getting yoe x 10 also.

But on an avg it's yoe x 2 or 3 in most of cases.

SqueakyMuffin
SqueakyMuffin
Zomato13mo

Ok Mr founder. Did you pull this statistics out of your ass after eating spicy Burrito or Momos?

Stop gatekeeping, especially when you're on the wrong side of the gate.

FuzzyDonut
FuzzyDonut

50 LPA is pretty reasonable for a 5 yoe candidate. How much lower do you expect?

BouncyQuokka
BouncyQuokka
EXL13mo

50 lpa may be reasonable but not for every profession out there. I hear ceos, cxos packages within 1-2 crores, how do middle managers earning 50-60 lakhs?

GroovyBoba
GroovyBoba

Top cxo range is not 1-2 cr. It's more like 8-20 cr.

PeppyMarshmallow
PeppyMarshmallow

Please have realistic expectations. Salaries depend on the market conditions, skillset of candidate and sector. I agree with @Sherlock007; GV has top talent.

SillyDonut
SillyDonut
TCS13mo

💯

DerpyMochi
DerpyMochi
Planet13mo

Here's the metric
If you say you want that pay grade to your colleagues/manager and they don't disagree or hesitate, you are worth it

Cos there are two cases:
You are worth it and you don't know it
You aren't worth it and you don't know it

Only way to find out is to go around, claim what you want and see how the 'market' reacts

WigglyRaccoon
WigglyRaccoon

Perfect

WigglyPotato
WigglyPotato
Zepto13mo

It was supply vs demand, which seems to be getting settled now. I have seen people joining new places at lesser than current pay this is gonna become normal

ZestyCupcake
ZestyCupcake

I have seen folks managing the interviews and gate crashing. But very soon, they are found out and is in the line of PIP. Join a company with high paying only if you think you have all the experience that’s being mentioned in the JD.

FluffyNugget
FluffyNugget
Plivo13mo

Depends on company too. Like Uber will pay u that if u clear the interviews. Post that if ur perf. isn’t adequate then u may fall in their low performer quota for fire. High reward, high risk. Unless you’re quite skilled then it’s not risky at all

FluffyWaffle
FluffyWaffle

It depends . Some do have skills .

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