You bring a diverse and valuable skill set to the table with 9+ years of experience and expertise across a broad range of technologies. Given your background, it’s worth evaluating your current salary against market benchmarks and finding ways to maximize your earning potential. Here's a structured approach to assess your value and explore options:
- Are You Underrated?
At 20 LPA with 9+ years of experience, you might be undervalued, especially since developers with 5–6 years of experience are earning 22 LPA or more in some cases. Here's why:
Tech Stack Breadth: You have a rare combination of front-end (React, Angular, Vue), back-end (Java, Spring Boot, Python, PHP), cloud (AWS, Azure), IoT, and system-level skills. This makes you more versatile than many specialized developers.
Experience: 9+ years is senior-level territory, where salaries typically start at 25 LPA+ and can go as high as 40 LPA+, depending on the company and role.
- Benchmark Your Salary
Use these steps to understand your market value:
- Research Salary Data:
Check platforms like LinkedIn Salary Insights, Payscale, Glassdoor, or Naukri.com for roles similar to yours in your location.
For a senior full-stack developer with cloud expertise, salaries in India typically range between 25–40 LPA for experienced professionals.
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Talk to Recruiters:
Recruiters often have real-time data about salaries and demand. Approach them for advice and opportunities.
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Attend Interviews:
Even if you're not planning to switch, interviewing with companies can reveal how they value your skills. Offers can be powerful leverage during salary negotiations.
- Assess Your Current Role
Evaluate why your current salary might be below market value:
Company Type: Startups and mid-sized firms often pay less than large MNCs or product-based companies.
Internal Factors: Salary compression (promotions without significant raises) can occur if you've been with the same employer for too long.
Negotiation: If you didn’t negotiate aggressively when joining or during reviews, you might have fallen behind.
- Increase Your Market Value
Here’s how you can boost your earning potential:
a. Upskill Strategically
Focus on in-demand technologies like AI/ML, blockchain, Kubernetes, or DevOps to complement your full-stack expertise.
Certifications in AWS, Azure, or Google Cloud can demonstrate your cloud proficiency.
b. Showcase Leadership
Employers value leadership skills for senior roles. Highlight your experience in mentoring, team management, or architecting solutions.
c. Target High-Paying Companies
Product-based companies (Google, Microsoft, Amazon) and unicorn startups typically pay more.
Apply for specialist roles like Cloud Architect, IoT Lead, or Full-Stack Technical Lead, where your skill set stands out.
d. Build Your Brand
Update your LinkedIn profile and GitHub repository with projects showcasing your skills.
Write blogs, contribute to open-source, or give talks at tech meetups to build visibility.
e. Negotiate
Prepare to negotiate assertively in your current role. Use data from your research or competing offers as leverage.
- Know Your Selling Price
To estimate your “knowledge selling price”:
Based on your skill set and experience, you should target 28–35 LPA in the Indian market.
If you move to a global role or remote position (e.g., for US/EU companies), salaries could start at $60,000–120,000/year (45–90 LPA).
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Steps to Take Now
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Benchmark Your Value: Compare roles and salaries in your field.
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Upskill: Focus on emerging trends like AI/ML, DevOps, or advanced cloud certifications.
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Explore New Roles: Attend interviews with product-based or global companies.
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Negotiate: Use market data or competing offers to negotiate with your current employer.
Your skills and experience are highly marketable. With the right strategy, you can significantly boost your salary and career growth. If you'd like, I can help draft a roadmap or prepare for interviews/negotiations!