For sure. 25 lakhs for a 1 man marketing army is bs

The sales will also not be for billion dollars. This is reasonable pay. Infact this is apt pay.

Consultant

I get where you’re coming from but finding candidates of such stature would be difficult when other companies are willing to pay much higher for the similar profile.

Growth Manager

Senior Data Engineer

Founder

We are back to the days where employers have the bargaining power and are wielding it cruelly. 
  
 He can even get someone for 15L cash. At 25L, his person might not succeed on the job and will leave for better pay within a year.

Investment Manager

This guy used to be our VP when I was working at Unacademy. He have really bad temper issues!  The entire business unit used to work day in and day out (even on weekends) I quit in 6 months and I think most of the toxic culture they had at Unacademy was starting from the upper level managers like him! Also salary offered is really less for a director level candidate imo

Sounds like a shitty job but I respect the honesty if this post

Software Engineer

Too many red flags. But he knows in current market he will get some poor desperate soul

Product Manager

Graphic design, video designing, campaign deployment, content writing bhi daal dete bhaiya requirements me

Digital Marketing Manager

Underpaying for the role?

Underpaying for the role?- Grapevine

So this is a problem that I’ve been facing for a while now. I’ve watched tonnes of educative videos where as a response to the recruiter’s question about last drawn CTC, the creator advises asking if there’s a budget allocated for the role. In my experience , on asking the budget, the recruiter blatantly says that they can’t disclose it but insists on asking about mine. Now, that isn’t so much a problem than the recruiter asking for the expectation. In this scenario, it’s either quoting a very low band so that you can still be consider for the role and being underpaid or you quote what you actually want for them to consider and they rejecting their candidacy on that every criterion. 
P.S. - This conversation usually happens telephonically and is one of the first interactions with the recruiter/company. Most companies on LinkedIn complete this exercise via form which leaves no room for discussion or consideration. 

Is there anyone else who’s faced a similar issue? How did you go about it? 
Just FYI I come from a legal background, so idk if this trend is domain specific, but any insights/suggestions would be of immense help.

Being underpaid v Not being considered for the role

Lawyer

Welcome to Business Roles's Private Community

I work as 601, CCB as product manager I have 18 Lpa salary. I have 7 years of experience. Am I underpaid? 
If yes, what can I do to increase it? I dont think annual salary increment will help much though !

Am I underpaid ?

Am I underpaid?

Senior Consultant

Recently received 5 rejections from FMCG and Retail Companies, for roles where I am a good fit and responsibilities which I am already handling in my current role and company. And all 5 of them gave the same reason, that I lack experience for entry level executive roles in marketing? Even though I am about to complete 2.5 years in the industry. I am really frustrated.

Am just sick of hearing 'We are looking for more experienced candidate'

Marketing Associate

I was hiring for a web designer in last role.
We had an internal referral, and I checked her portfolio before reaching out.
She had multiple projects, worked with many customers across countries, the designs were fresh and inviting, no clutter.

She was the one (for the role)!
Exactly what we were looking for. 

I had a budget of 25-30LPA, had quoted 19-24 LPA (because well)
Her expectations were 30-33 LPA

Cut to, she was the only one till final round and they were processing her offer letter at 31LPA


Find your star and make it shine bright!

[Storytime] Know your worth

LinkedIn swapped Grapevine (Akshay kumar gif ).

Software Developer

Am I being overpaid?
I am a backend engineer with 7 years of experience. I've been rejected by multiple organizations during salary discussions. They mentioned they can't provide such a high salary. Are my expectations inaccurate?

Current CTC: 45 LPA
Expected CTC: 54 LPA
Designation: Team Lead, Backend

Salary Reflections: Am I Overpaid?

Damn! For the first time, I'm seeing a post related to Overpaid. God bless you.

Team Lead

I am posting this here cause this has happened to me more than once and want to know if this happened to anyone else?

I work in a relatively (heavy emphasis on relative) niche analytics role and I got a call from a hiring agency for an opportunity in blore. I have everything they are looking for in the JD and the recruiter from this agency wanted me to send me my resume urgently to present it to the company as well. And then comes the topic of current ctc. 

I am grossly underpaid by my current firm, one of the key reasons for me seeking out. Once she heard my pay she says “they are paying xxx for this role and your pay is too less, let me see if I can find a junior role that fits your pay”. I was furious and told her that my experience and expertise should be considered and pay is not an indication of my suitability.

She mumbled something and said she will come back and now she is ghosting me.

If the hiring agencies are gatekeeping on basis of my current pay, I am doomed.

Did anyone go through something like this? Any advice?


PS: I checked the company’s career page to apply by myself but they did not post this role on their page. There is no way for me to cut out the middleman here.

Bad experience initial screening.

Project Manager

Welcome to Indian Startups's Private Community

I'm starting a new company and am assembling a team, in all my previous startups had like 7 people working but now everyone is settled and few have retired coz made too much from the exits so back to assembling a new team :p

As in all my previous startups I paid an average of 40Lpa an 2-3% ESOPs to all the early team they made insane wealth. But now I'm thinking of going lower and meet the realities of the market rather than paying higher why not paying the market rate?

I have been taking multiple interviews and experienced this people consider higher salaries to be a lie they want to earn dirt-cheap salaries and don't trust themselves with what they deserve and in the end ended up mocking me. One of the senior people that I interviewed thought 3lakhs per month was very high no-one pays that much. Same goes for an intern who I decided to pay 1lakh per month thought it's not possible and ghosted me thinking I'm scamming him ( his job was to meet high profile people make connection with different founders by going to parties and events regularly )!

My new startup is not in crypto but in something unique!

What do you'll think should I pay people less as that's what they think they deserve?

Paying higher / lower in Indian Startup scene

Welcome to Product Managers's Private Community

Based on what you have seen/heard from your friends & colleagues or based on your own experience, what is the avg % hike one can expect while switching in current times? YOE-9, role - senior Product/Business analyst

% Hike while switching in current times

Application Analyst

Welcome to Office Gossip's Private Community

was on the last stages of the conversations and got rejected for god knows what reason. capable enough to do stuff and get shit done and good experience but still. what a bad fucking time.

just got rejected again!

Intern

Initial communication gave "no bar for right candidate" but considering they are looking for 5 person job in one role, what should be appropriate compensation?

How much should one ask for this role?

Hi! I just finished my second year at a tier-1 college. I’ve been looking for internships to do this summer, and a startup offered me a backend role of 10k pm stipend that required 8 hours a day commitment. I’d have to travel to their 2-3 times a week to their office that’s 7-8 kms away.

I know a decent amount of web dev, have built a MERN clone of Reddit, and I’m pretty good at algorithms. 

Upon asking one of my mentors about this, he that the guy who’s offering me this role is simply ripping me off. I just wanted a second opinion on this. 

Am I being underpaid?

10k pm stipend for intern

Have been interviewing for roles and the HRs are low balling like crazy even though they most definitely have the money, talking about non-startups listed companies as well. Makes me think if offer shopping or editing a current offer with a higher number and then shopping is the only way to go

HRs low balling?

Founder’s Office

Let's talk about being highly underpaid. It's a reality many of us face, yet it's often shrouded in silence. Whether you're in a corporate job, a creative field, or any profession, feeling undervalued and underpaid can be demoralizing and unjust. It's not just about the numbers on our paycheck; it's about the recognition of our worth, our skills, and our contributions.

Too often, we find ourselves in situations where our hard work and dedication are not adequately compensated. We put in long hours, go above and beyond our job descriptions, and yet, when it comes time to discuss salaries, we're met with excuses or paltry raises that barely keep pace with inflation. It's a cycle that perpetuates feelings of frustration, resentment, and even imposter syndrome.

But here's the thing: We don't have to accept being undervalued. We can speak up, advocate for ourselves, and demand fair compensation for our efforts. It might be uncomfortable, and it might require us to challenge the status quo, but it's essential for our well-being and the integrity of our professions.

Employers need to recognize the importance of fairly compensating their employees. It's not just about the bottom line; it's about fostering a culture of respect, appreciation, and mutual benefit. When employees feel valued and adequately compensated, they're more engaged, productive, and loyal.

So, if you're feeling highly underpaid, know that you're not alone. It's a widespread issue that deserves attention and action. Whether it's through salary negotiations, seeking out better opportunities, or advocating for change within our organizations, let's stand together and demand the compensation we deserve. Because when we value ourselves, others will too.

Are you getting underpaid?! I know it sucks🤦🏻

1. Most of the time it sucks because you're comparing and that'll always take your joy. In some cases, you're not underpaid but someone else is overpaid. 
 2. When you don't have a job, you'll appreciate being a bit underpaid too. 
 3. Not all people can take the risk of standing against the organizations. 
 4. Indian labour laws suck and that's why the culture of fair compensation is just a joke. 
 P.s.: Everyone should know their 'market' value and they should always aim for the highest of the range.

Analyst 

I'm in business strategy and majorly worked across different startups

When looking for a new role, HRs tell me they are looking for specialized experience, or my experiences do not count as they are less than 2 years (in each company)

I like being a generalist, I have learnt much more than I think I would have in a specialist role

What do you guys think?

I have 4YOE, currently in a seed stage startup

Specialization vs. Generalist debate

Translation: He's looking for a Sr. Developer who can work for an intern's salary.

He's looking for an Intern with all these requirements.

Analyst

Recruiters always ask for your current compensation which is technically 'confidential'

It's unfair for you to disclose your compensation without getting something in return.

Let's CHANGE the tone of these conversations.

I always ask for their budget before I disclose mine. Enough people do this and it'll become the norm and gives you a fighting chance to safeguard against lowballing. 

Objection handling:
1. "Our budget is flexible depending on the role and experience" - counter - what role are you considering me for? What's the range for that role? - if they still deny that's bullshit, all companies even startups have a ceiling they've at least thought of
2. "Our hikes are fixed at 20-30%" - run. Or if you care about the co. try talking about market standards and fair pay
3. If they're being unreasonable and not giving any info, you say your compensation is confidential / not comfortable sharing it at this stage

Expected CTC - 1.2x Glassdoor/ambition box for business roles. Tech has levels.fyi. 
If they try to haggle at this stage itself, say you'd like to focus on the job fit and the opportunity and talk about compensation later which you believe would be open to discussion for the right candidate.

Current and expected CTC

Product Marketing Manager

I got a good offer for 40LPA as a senior frontend dev and current ctc of 25LPA. I am wondering, if i can go any higher in chennai. Can any one shed some light? Product companies are limited here so no calls for interview and service companies are not even offering 30LPA. I am not interested in moving to Bangalore/Hyderabad.

Posting here coz not much posts related to chennai.

What might be the salary range in chennai for 7 YOE?

Web Developer

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

Underpaying for the role?

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