GigglyPancake
GigglyPancake

CTC check: quant role

i'm a '23 cse grad - offered 60LPA (fixed) + variable (up to 3x of base) as a quant researcher.

this offer is strictly "off-campus" (i come from a tier-3 college) and is a result of me switching careers.

am i high-balled? low-balled?

note: i used to make 30-40LPA as a freelance writer in college before this.

22mo ago
FloatingNarwhal
FloatingNarwhal

Sorry dude, u r BPL now

PeppyRaccoon
PeppyRaccoon
Vercel22mo

These CTC checks are getting out of hand now

GoofyDonut
GoofyDonut

BLR landlords: opens grapevine biased data “but companies pay a lot these days no, now pay me 80k for this 800sqft matchbox”

PerkyLlama
PerkyLlama

Nailed it!

WigglyWalrus
WigglyWalrus

You have been proposed literally a poverty wage. I'm sorry to hear that bro. I think WITCH is hiring for the same role at a better bracket.

JumpyPretzel
JumpyPretzel

GrapeVine admin needs to put some filter on such repetitive “CTC Check” posts here. Every day some random 60 LPA earning guy comes and posts asking if the CTC is too low!! 🤷‍♂️

GigglyPancake
GigglyPancake

haha, i agree with that - and i'm well aware that i'm making more than the average WITCH guy.

my question is if this number is high or low for a quant role.

i do not have alumni/seniors to ask this (tier 3 college).

JumpyPretzel
JumpyPretzel

Ok, but posts like these are exactly like the LinkedIn cringe that this app is supposed to avoid and makes it’s selling point. If everybody earning 50 lakhs starts putting posts here daily, that will be same as the LinkedIn HR cringy posts, where HR attaches their beautiful photograph, along with a long content post on managerial/philosophical issue, inviting discussion on the soulful topic, and readers go wow wow, in the comments section. Anyway, to each his own. Hope GrapeVine folks really looks at this aspect.

GigglySushi
GigglySushi

Bro can you pls share your preparation journey?

GigglyPancake
GigglyPancake

the opportunity came through a referral from one of my content contracts.

i already had a decent cs + math background (RMO finalist), and was a hobbyist fundamentals and charts trader during COVID (took $3k to ~$75k).

only had one round of interview, brushed up on math and went on the call, got the offer 👍

PeppyMarshmallow
PeppyMarshmallow

you slithered and slipped your way through the cracks in society. well done

DizzyLlama
DizzyLlama
Atlys22mo

Loved the sarcasm across posts!
But, that aside. Kudos! Why the hell are you discussing salaries here with such an offer? Just do work and have fun

GigglyPancake
GigglyPancake

haha, i know it is high by normal desi standards, but going by quant, it doesn't match up to the TR/JS numbers I've heard of.

just wanted to check if i'm being low-balled due to lack of academic pedigree.

DizzyLlama
DizzyLlama
Atlys22mo

The offer you have gotten, is that US based offer paying top dollar for remote work? Or is that India based offer?

DerpyPenguin
DerpyPenguin

You are high balled. But that's completely fine and congratulations for making it.

Which company it's, TR, Graviton, etc.?

GigglyPancake
GigglyPancake

it's a small org, <10 folks.

GoofyDonut
GoofyDonut

Then it’s pretty high. You must be good!

DancingNoodle
DancingNoodle

Dude freshers are easily getting 1CR package. Try to negotiate with HR or switch company ASAP

SquishyCupcake
SquishyCupcake

30-40 LPA? pls educate on how you did it? Would to know

GigglyPancake
GigglyPancake

started freelancing in my first year of college, never posted about my "services" - but had happy clients who would refer me.

word got around, and managed to land a few good remote US-based cos looking for recurring technical content (infra/deeptech).

SquishyCupcake
SquishyCupcake

An Technical content 👏

GroovyPotato
GroovyPotato
Zomato22mo

This seems like a classic case of HR taking advantage of your situation in the current economy. Would suggest you to keep your head down and get through this tough phase in your career and hopefully make a switch a couple of years down the line

Discover more
Curated from across
Indian Startups

Help me in deciding

Hi, I am an M. Tech CSE graduate from tier 1 college. I have one year of experience in back-end development.

My current CTC is 14 lpa with 12.6 lpa as base pay.

I got an offer from a fintech startup with 15.5 lpa as base pay, 74k vari...

Software Engineers
by PrancingPancakeData Scientist

CTC check

Current CTC is 25lpa. 6yrs of experience started as data analyst then as business Analyst. Have been working as machine learning engg for past 2 years in series c funded product based company. My work is mostly related to model scaling, ...

Personal Finance
by BouncyNuggetSoftware Architect

Salary Check

I got offered a position in Adobe as an Architect YOE 12 33 base + bonus 5L bonus. RSU - 50K USD across 4 years PF etc - 2.5L

Am I being lowballed? My current CTC is 29.3L with 32% variable on top of it. I tried negotiating but with no ...