What exactly is this shit Product Development Engineer at Razorpay paying peanuts in salary?

What's the salary range for sde2 or pde2 which is product development engineer 2?

Got a verbal offer from Razorpay for SE-1 position in the Pricing Engine Team HR is bent on only giving 30-40pc hike on prev salary TC - 12 Fixed, 17 CTC YOE - 2 How's the culture, WLB, perks, hikes for this team? And how much is the salary band for SE-1 @razorpay #razorpay

Saw multiple people are leaving organisation, looking for change.

How is the role and work of product development engineer at Razorpay and how different is it from Software development engineer

I recently got an offer from rqzorpay for SSE role. I have few questions rgarding same. 1. How is the work culture there? 2. Any internal politics issues? 3. How the company's long term stability in terms of how well it will do? 4. What is ballpark hike for same role. 5. What should be fix ctc for this role?

I've received two job offers and could use some advice on which one to choose. Current: Software Engineer II CTC: Around 12 LPA YOE: Almost 3 years. Offer 1: Product Development Engineer II, Razorpay Offer 2: Software Engineer, Pluralsight Both offers are in the range 18 LPA to 24 LPA and Pluralsight is the higher offer in terms of CTC. Also they seem to have more employee benefits compared to razorpay. Which offer seems more appealing based on the role, WLB, company outlook, growth etc. Also a bit skeptical about the PDE II role at Razorpay because they mention that PDE II individuals can only advance to SDE 2 after being promoted to SDE 1 first, and then to SDE 2.

The company did around 10-15% silent layoffs in the last cycle by putting people in PIP. My Manager told me that he has pressure on him to put at least 1 or 2 people in PIP, make them leave the company and reduce costs. Later, the company did as low an appraisal as 2%. Senior folks are leaving specifically Frontend Developers. Salaries of a lot of SDE-2 are below 30 LPA. They have started new positions called Product Developers which will do the same work as SDEs but with a lesser package. PD-1 salary is around 10-12 lakhs and of Lead PD is 20-22 lakhs. The company is putting itself in a position where it wants people to leave on their own. There are almost zero perks in the company. The team outing budget is a joke which is 2k INR per person per year. That is 500 rupees per person per quarter. Also making office mandatory from November.

Razorpay probably has the most overrated engineering culture from the outsider's perspective. Everytime on Twitter there's some npc telling how Razorpay is a dream place to work at or how Razorpay engineering is the holy grail. From inside it's hilarious that someone could even think of those things. There's no learning path, especially in payments business unit for engineers who are forever stuck in ad hoc tasks. There's no long term plan, no roadmap, just PM and EMs shoving down and hocs. Even in terms of learning from peers, there are so few charters where someone works with a lead, mostly it's just slogging it out alone in an ad hoc or some bug fix. It's almost always an eternal cycle of never working in impactful projects -> never get assigned one, because there are so few -> get average reviews -> again being asked to work on "impactful projects". If anyone is under 3/4 yoe they should stay away from razorpay for their careers sake.