The FAANG and unicorn employee salaries for even 2-7 YOE engineers is quite insane compared to the average Indian employee pay in other sectors of the economy.
The average SDE2 at these companies makes 50+ lakhs per year in compensation (not “CTC” but real money) The average SDE3 makes 80+ lakhs which is frankly insane.
What are you guys doing with all that money?
Giving 34.2% directly and 18-28% indirectly to gormint. My biggest expenses by a country mile.
@securitah But all of us doing that bro. Kuch naya batao.
Yep and in return we get to travel 10 km in 1hr, we get to go be medical experiments in local hospitals and pay the Swiss boarding fees for our politician’s kids lol
Bought car, apartment. Cleared home loan in 2.5 years. Bought an office in gift city with 10% DP, remaining installment as per construction progress which will be covered from salary, stock worth almost 1cr intact, not touched, 7lac bank balance, started with zero in march2021
@AboveAndBeyond This is acrually so good. I strive for that too.
Dude 🥲 Well, clearly I'm just swimming in gold coins like Scrooge McDuck over here! But seriously, while I've made some strides, I could still use some advice on how to navigate the next steps wisely. Any insights on where to focus or what pitfalls to watch out for? @AboveAndBeyond
I stay in blr. Depends on location but for two people you can get decent space for 40k groceries and food max 20 k , so food shelter clothing max 70k per month or make it 10 lakhs per annum to live conveniently. Also includes gym subscription, educational courses. What about rest of the money..... Of the rest 50% in Real estate, gold, mutual fund Company stocks Other stocks
Other 50% in FD ( conservative profile)
Company takes care of health insurance and retirement (pf amounts to good savings)
Other ways to burn money I was earlier tempted but didn't give in to the following
@Sagittarius_ram This answer changed my life. I wish you made a post about this. I would have loved this man.
Gooner. What's wrong with your life? Random answers on GV changing your life fr? Time to introspect
Can anyone tell me about the work pressure in FAANG? Especially Google?
Pretty chill if you ask me. Switch roles internally every 2 years to relax and vibe
Depends on the manager and the team but it's increasingly getting worse. Nowadays, there is a culture of fear
i used to think this was a fake narrative sold by youtubers to sell courses. but seeing recent posts here makes me feel its true. $220k RSU is insane money for 3 yoe. i'm working remotely earning in USD and even then it is not anywhere ...
Hi all, I see salaries of. 3 or 5 years experienced here touching 35 lakhs. Is this true? Or is this true for locationa like Bengaluru?
