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?

22mo ago
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
InMobi22mo

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
Jio22mo

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

GoofyWalrus
GoofyWalrus
Atlan22mo

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
Udaan22mo

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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