For same skills and same experience people with CS degrees are preferred compared to non CS BTech degree like. EE, Mech

Software Developer

There are many polls going on around the salary structure, whether a person is undercompensated or overcompensated. A few things which I have experienced regarding salary.   1. Don't compare the ou...

Welcome to IT Company Discussion's Private Community

There are many polls going on around the salary structure, whether a person is under-compensated or over-compensated. A few things which I have experienced regarding salary.
 
1. Don't compare the out of the organization salary with that of inside the organization salary. It never matches and will never be.
2.Don't compare product based company salaries with service based companies.
3. The people having trending/on-demand skills(new skills in the market) will get paid more than the pre-existing ones.
4. Post graduate degree in any other discipline apart from CSE, IT and MBA are not considered relevant in every company. Very few companies might think about it.
5. Years of experience(YOE) do play a role in salary hike while making a move to a new company, but most of the MNC's have a cap for a particular level(role). It depends upon the negotiation skills of the individual to squeeze out every penny from the company.

Do let me know if I missed out on something. Hope you all have a great career ahead!!!

Salary myths!!!

Software Analyst

Salary myths!!!- Grapevine

Welcome to Office Gossip's Private Community

What is criteria of underpaid/ overpaid?

Don't say market standards 😒
I have known people who are skilled and not getting even standard money

How do you judge skill level and wage for self?

Consultant

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?

Salary Discussion

Welcome to Ask Grapeviners's Private Community

I'll keep it short.
I'm 22 M. Joined a startup last year July as Intern (got paid 15K/m)

Got PPO, joined as FTE this June, 7.2 LPA (60k/m).

Fyi, I work as a Software Engineer (Mobile)

Am I underpaid?

Am I underpaid ?
I have more than 5 years of experience as a Java Fullstack and Backend Developer.
CCTC - 18LPA (Base - 16.2 LPA + Variable - 1.8 LPA)

Compensation

Grapevine has become like the epitome of people flaunting unrealistic salaries ( the bubble will soon break )🤐,So thought of why not post some realistic ones based upon the Y.o.E range for the IT folks from  our knowledge and our interactions with our friends and colleagues.
We can exclude very niche skills here and see where  everyone stands.
I can begin. ( Have  considered just the base pay and not the variable or esops/rsu here )

1-4 Y.o.E : 4-8 Lacs
5-8 Y.o.E : 9-20 Lacs
9-12 Y.o.E : 21-35/40 Lacs
13-16 Y.o.E : 35/40-50+ Lacs

Realistic Salaries please !!!!

Welcome to Salary Discussion's Private Community

Is 35 lpa for 9.6 yoe a good salary or still it is not up to the market standard? Please advice.

Senior Associate

My current CTC is 8.1 Ipa and during interview rounds, I have asked for 15 LPA as that was the budget of the role. It's an MNC BANK. Not revealing the company. Now they are saying that only a 30% hike is possible because no one in the industry will give more than 30% of the current salary it seems. I asked what kind of logic is this as my skill sets are good and I have cleared all technical rounds. They say that's how it is. This is in hr discussion.

What to do in such a situation? How to ask?

My offer is based on my current salary but not skillset??!!!

Data Analyst

In the chase for yearly hike and job switch we often ignore that beyond a certain salary bracket, chances slim down drastically to get everything in one workplace - good salary, good management, good culture and most importantly work that you like to do for 8 hours. 
If you are within the range for the number of years of experience, that's a good place to be in than be paid significantly above and not having opportunities later to move. 
What is the balance point?

Employable Salary

Product Owner

Big gaints are giving the right & good opportunity for freshers to start their career. Yes I agree they pay less. They have to do that because they have to pay for more numbers of freshers.

Stop talking / inserting the #indian IT jobs for shake of salary. They are the building steps for many freshers. 

The one who is talking on this will not create Job & provide the salary as he/she expects. This drama is all for grabbing attention/ trolling.

Someone who Talk about freshers Salary by big gaints

Senior Engineer

Welcome to Company Reviews's Private Community

Cooking is a good career option

Money making and career building are two different things. Maid gets the same salary even after 5 years. That's not the case with IT joiners who can learn and earn more with growing experience.

Welcome to Indian Startups's Private Community

l attended an interview today and told my expectation is 24 LPA, but they said for my skills, they were expecting to give around 26 to 30 LPA.

Now they've asked me to think about the proper CTC and give it to them. I don't want to ask for 30 LPA either.

How can I revert back and how can I ask them for ~28 LPA now?

History: I've been leading teams and developing projects that were used by millions of people. Worked with startup's that were in rock bottom and bought them to a good position.

Finished college last year. But getting into full time for the first time. Been working as a freelancer/contractor for 5+ years.

Interviewer said I'm undervaluing myself, how much should l ask?

Software Engineer

Welcome to Software Engineers's Private Community

To all the people here, I have observed way too many posts on salary checks based on experience.

I can pretty much guarantee you, your salary or pay doesn't depend on your years of experience. Your salary or pay depends on these factors primarily -
1. Location of the company (city / country)
2. The impact you have created in past (very highly dependent)
3. The impact your hiring managers believe you can create once you are on boarded (again, very important)
4. The kind of company you join(can they afford to pay high salaries)

That's all that matters! There could be definitely more factors, but these truly are major ones!

For all those who are doing salary checks across their years of experience, figure out if those are really unique years of experience or doing same thing year on year! 

For those who think some people are overpaid, or people this young shouldn't deserve this salary or that these people just got lucky, that's not the case.
When you are good, you make your own luck!

Next time you evaluate your salary, see the impact you have created. Then figure out what you should earn as a salary for the impact you have created and ask for it! Higher the impact, higher the reason for great pay!

Anyone agrees?

Setting the record straight!

Friends, a genuine question.. need your suggestions...

How can one know if he/she is paid reasonably, or underpaid or overpaid?

I try to analyse my peers network, but I always find people of similar work experiences having similar skills getting salaries higher than me as well as lower than me.. It's kinda distributed..

So how can one evaluate or know the correct salary for a given person? Any idea? I think this will be helpful for everyone during salary negotiations.

Note : I'm a software developer majorly backend with a slight hold of frontend. Also have done a few projects on data science. Around 4-5 years of work experience.

Salary Analysis & Negotiation

Welcome to Business Roles's Private Community

I have about 5 YOE and looking for a job change. While I received so many calls from startups for SSE backend roles. During initial discussions I often let the HR know that I am earning 28 lakhs as CTC and I ask for 40 lakhs CTC, they say that they will get back to me but they never do so. Am I doing something wrong? Am I asking for too much. Should I wait for the market to get back to normal?
PS: I definitely have the major set of skills they are expecting for the job role.

Salary that needs to be negotiated

Welcome to Product Managers's Private Community

I have around 2.4 years of experience in product management. I make 17 lpa excluding esops. Am I underpaid?

Salary Parity

Product Manager

Hiring for a bunch of roles for an early stage startup. Salaries of people who have been laid off is through the roof

2-3 years experience asking for 30-40l and while we chose not to judge the experience and spoke to a few of them, most of them are not even worth half of the pay. 

Many are jobless since last 2-3 months and none of them are willing to take a paycut of even 5-6L and are willing to stay jobless ( probably have a ton of savings )

Market correction is necessary.

Roles : PM, software engineers, generalists

What's wrong with salaries

If you are paid less, don’t extrapolate it on others. If they are willing to wait, let them. You should keep praying for “corrections”.

There’s this chap on GV who posted that they haven’t received any calls for the past 3 months. Has 2.5 years experience with a current ctc around 15L. We spoke to them only to realise their expectations are 32L (26 fixed and 6 in esops)

In a market flooded with resumes due to unfortunate situations, is it fair to have such an expectation and at the same time, call out on GV that they haven’t been getting calls for an interview?

Are high expectations in such a market valid (even accounting for cream deserves takes)

26 fixed seems pretty reasonable, I don’t know how much lower you can expect

Salary myths!!!

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