SqueakyTaco
SqueakyTaco

Reality Check

Hi fellow grapeviners, I came across few posts mentioning i am earning 60+ or 70+ lpa having 2.5 to 3 years of experience but age is only 23 or 24. I know this is too good to be real. Some iitians can do but are these people real? Please answer because these posts make me depressed i don't know why?

23mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
Round 1 by Grapevine
CosmicCoconut
CosmicCoconut

I am 40 year old so I think I can give some brotherly advice as a elder one.

If you ask these 60/70 folks they will be looking at someone and be having the same feeling like you.

Once you cross 6-7L anything more is to satisfy your lifestyle and luxury.

SqueakyTaco
SqueakyTaco

Helpful big b thank you

FuzzyPretzel
FuzzyPretzel

6-7L? You have to be kidding. In today's economy that's barely living wage. At that income you can't afford anything beyond the most basics.

FuzzyPretzel
FuzzyPretzel

Yes, it happens but is rare. I know few people personally. Some people simply have an exponential growth curve early on. Call it luck, smarts, skills, whatever. It's good to acknowledge it and try to reach for it, but not healthy to start expecting/obsessing over it.

GigglyDumpling
GigglyDumpling

See I can tell you mine. I am earning 15LPA and is only 23 years. In my case I don't even have Btech.
So I think someone with Btech and good skills maybe be earning 30-40Lpa. But 50+ seems unreal.

SqueakyTaco
SqueakyTaco

I was 20 when i started with 10lpa and now 22 i am at 16. Honestly i am happy but these inflated figures made me question myself. So i tapped some trusted resources and friends in those companies and they said there base is almost what ours is and these inflated figures are enjoyed by them only for first year with bonus, retantion and relocation they receive after that every consecutive year the amount they keeps decreasing only. And the most of their package comes from esops offered to them in usd and are therefore heavily taxed.

GigglyDumpling
GigglyDumpling

Don't question yourself. I will take those people from this world 10year before you. So even after earning so much they will have less time than you. So enjoy.

WobblyNoodle
WobblyNoodle
InMobi23mo

I'm not an IITian but making in that range.
Yes it's real and very much possible because tech salaries have rocketed post covid.

SqueakyTaco
SqueakyTaco

How many years of experience do you have?

SqueakyTaco
SqueakyTaco

What's your age?

SwirlyPretzel
SwirlyPretzel

1cr - 92lpa with 5 years of work experience

SwirlyPancake
SwirlyPancake
Jio23mo

It's real, doing 50+ on 1 YOE (age 22)

GoofyWalrus
GoofyWalrus
Atlan23mo

It's real. I'm from a tier 3 college who graduated in 2021. Current CTC = 60. Cash = 50

WobblyKoala
WobblyKoala

Hey can I reach out to you ?

DancingPancake
DancingPancake

Those numbers could be total CTC. Not just actual cash component.

SqueakyTaco
SqueakyTaco

And i started at 20 because my degree was of 3 years

PerkyBiscuit
PerkyBiscuit
Udaan23mo

Does it happens, yes. Is it also very rare, yes. You are talking about top 0.1% in tech if you compare by salary to age ratio.

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by SqueakyTacoAnalyst

Reality Check

Hi fellow grapeviners, I came across few posts mentioning i am earning 60+ or 70+ lpa having 2.5 to 3 years of experience but age is only 23 or 24. I know this is too good to be real. Some iitians can do but are these people real? Please...

Adulting
by TwirlyDumplingQuantiphi

Feeling like shit at 27.

27 Male ,got an offer of 20.5 lpa.

Most of the people I know here at grapevine are making way more and friends in my circle are making around 35-50 lpa.

Now I am confused,I have a lot of questions in my head.

Did I slack off?

Or did ...

Top comments
user

I was earning 15 LPA at 6 yoe. Going by your standard I should have been crying every day!! In grapevine, top 10% ear...

user

Nope. This is very low. You should be earning atleast 4 CR per year at this age, else you will end up poor.

user

Ajeeb tareeka hai validation seek karne ka..

Data Scientists
by GigglyPancakeQuantitative Research

CTC check: quant role

i'm a '23 cse grad - offered 60LPA (fixed) + variable (up to 3x of base) as a quant researcher.

this offer is strictly "off-campus" (i come from a tier-3 college) and is a result of me switching careers.

am i high-balled? low-balled? ...

Top comments
user

Sorry dude, u r BPL now

user

You have been proposed literally a poverty wage. I'm sorry to hear that bro. I think WITCH is hiring for the same rol...

user

These CTC checks are getting out of hand now