Hello folks, I really want to know. Am I underpaid

Senior Product Manager, 7 YOE

Experience in building & scaling digital products

30 fixed+ 3 JB+ 3 variable

MBA from tier 1

1mo ago
5.1Kviews
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FluffyCupcake
FluffyCupcake

Underpaid

Could you please help in setting some salary benchmarks and what's the delta in compensation that I should seek to achieve

FluffyCupcake
FluffyCupcake

There’s no single benchmark as such. If you work at an Indian bank in ops/sales/prod role, they will pay you within the defined bands. You have to move out of that ecosystem to break that glass ceiling. Indian banks are trying to become modern with age old processes, barriers.

ZestyKoala
ZestyKoala

If you have an mba from a tier 1 institute, i feel you should get 50% more than this atleast. ProdMan roles pay well

For the past two years, I've been a PM within the banking industry. Prior to that, I have five yoe in Category Management, in the e commerce space

I am seeking new opportunities outside of banking, primarily for salary advancement and would appreciate guidance on how best to navigate this career transition.

SleepyBanana
SleepyBanana

7 yoe, mba tier 1, prodman Can aim for 50+ base easily

SleepyBanana
SleepyBanana

Ok, not easily but yes people with those creds do earn good money 💰

BubblyNoodle
BubblyNoodle

Not significantly low on an avg. Don’t compare with faang tho.

GoofyHamster
GoofyHamster

Yes very much underpaid. Try switching. My batch folks (T1 MBA again) have a similar pay 27-30L fixed post 1 yr post MBA work ex

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Am I being underpaid?

Current job: Tech consulting, Functional business analyst YoE: 1 post mba, 4.5 pre mba (product marketing manager, startup) MBA from Tier 2 college.

Pay: ~14L (wfo/hybrid in b'lore)