CTC Check

I wouldn't say that :/

@CaptainLevi this is a overpaid and overhyped role 😂

Fellow PM here. What's your take home salary and benefits/bonus structure? Does the 22 TC include all of that? What's the breakdown likeM

Buddy, you’re not overpaid. I’m a 24 yr old PM with a base of 35 LPA and 30 lakhs ESOPs. Even in this recession market, I still get the offers of 42-45 LPA as base pay. It all comes down to your skill set and what you bring on the table. Keep rocking buddy and don’t self-doubt on yourself.

I never understood how does manager designation even applies to freshers who are just out of college busy learning to manage themselves... How will they manage the product?

@Motamama I will tell you what happened.Bear with me,it will be a lengthy explanation. Context: So in Late 2020-mid 2022,liquidity was at all time high due to low fed rates.Credit was very cheaply available and more often than not this is routed to the Emerging countries like ours.In short,people were raising fund literally with a degree and a deck(Pre-seed). Now since money was not a concern,all founders cared about valuation and how to raise funds for next round. Don’t believe me take a look at Khatabook and Open financial technologies funding. They literally raised 100 million dollars by creating a bookkeeping app from the likes of Google and VISA. Long story short,founder prioritised growth over PMF.They just wanted to launch as many products in a pursuit of clicking their vanity metrics target(No of downloads,merchants onboardedetc.) Now to achieve this they started hiring PMs and developers left right and centre. Some of the startups went overboard and paid 20-25+ to even APMs(remember credit was very cheap) straight out of college. And what was their selection criteria:There were three set of questions which these aspirants literally mugged up like we used to do for competitive exams: a)Flipkart cart additions are down by 10%.How will you resolve it? b) Design Netflix for kids c)Improve WhatsApp/Instagram Now there is a specific template which these aspirants mugged up and lots of communities actually have a paid courses where they help them in mugging up these concepts. So cheap credit,mugged up frameworks (btw doesn’t apply to Indian customers)supplemented with beautified decks saw a deluge of Fresher APMs in late 2020-mid 2022 and these people are still riding on that wave. Hope this explains

This guy is for sure overpaid and even he knows this. He probably just came to show off here,entire post reeks condescension

Even i thought the same. Created a post to just showoff. When grapevine introduces private chat, this platform will turn into a new type of tinder.

That is how it is.

cool, seems about right then 🙌

A year of experience. Might seem high but the base doesn't live up to the hype 🥲 ESOP components and Non-Cash Benefits take a good chunk.

WTF he only asked to give opinion Lelo 😂😂💀

That's my opinion (POV) 🤣😜🚫

Around 11 and no. This firm has not picked up funding ever. Is profitable since year 1. Pretty healthy financials. All euro/US clientele

If it's profitable in the starting, better to stay long term over there

@hilalepakistan https://en.m.wikipedia.org/wiki/Product_manager

If this is what it is then you're definitely overpaid. Congrats...

It's currently for Customer Success Roles and SDE interns only.

May I know the name if you are comfortable