Are Web3 Remote Devs underpaid in India?
I work at a Web3 company, with an in-hand of $85K annually, but I feel my coworkers earn way more. I am a fresher out of college, but I've been dabbling with Web2 for 4 years, and Web3 for 2 years. Just wanted to know if the salary is unjustified or not.
sudo_whoami
Stealth
a year ago
As I said, I might be fresh out of college but I've atleast 4 years of Web2 and 2 years of Web3 experience
Have you worked professionally as an FTE for an established org for those years? If yes, then underpaid, otherwise no.
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I'm a lawyer, I work in the Web 3 industry
@RationalIndian is absolutely right
But also, in general, remote companies tend to "underpay" Indian and Asian employees in general, especially as compared to their European or American counterparts cause, obviously, cost of living difference
Also, also, can I send you my profile, I think your company should have a legal person on retainer :3
You're essentially getting 70 LPA, I think, in the Indian market, it puts you way way way above "underpaid"
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sudo_whoami
Stealth
a year ago
Haha ;-;
BigTimpani29
Stealth
a year ago
this question like most others on grapevine is either a flex or a larp
LooseGoose
Stealth
a year ago
Really depends on the role and responsibilities tbh. Also what the company does.
sudo_whoami
Stealth
a year ago
Mostly token-gating and DAO governance and management solutions. And yeah, I'm a software engineer there
LooseGoose
Stealth
a year ago
That's a pretty niche area, it's possible the company itself isn't making a lot of money in the first place.
And you're still making better than the average web2 developer according to your experience if I'm not wrong.
BulkyFreon
Student
a year ago
@sudo_whoami I really want to get into web 3 bt have no idea where to start.. any leads will be appreciated?
Did you consider purchase power parity when trying to compare your āunderpaidā salary numbers with your fellows living in the west.
CestLaVie
Stealth
a year ago
I have seen folks in polygon draw upto half a million with lesser experience :p
All quick money schemes died, solid foundations still surviving and bear markets are not new for these folks
sall
Stealth
a year ago
Is your pay in cash? Most of them I know are paid at least 50% in the form of tokens
You need to first ask yourself the question if they are hiring the best talent regardless of location or outsourcing to great talents in India. If itās the former you are underpaid, if later then more than apt
