You all might obviously guess that I'm speaking about the other two posts in which each of them in their early 20s making 50+ LPA and 70+ LPA respectively.
Honestly curious, how do these guys get paid so much? I feel like salaries in IT industry are heavily inflated.
I'm from EEE background, trying so hard to find a job in Data field. I've previously worked in my field for 3 years, but the growth seemed pretty less in the long run, hence the switch.
Finding a job as a fresher (in IT industry) is so hard man. I'm mainly looking for the startups.
They either ask for experience, or the pay is very similar to what I made previously in my field. (which is <10 LPA).
Above all, I'm not even getting responses from companies for my applications.
So yeah, how do people in their 20s make so much in the IT industry? Is it only FAANGand big corps or applicable to startups as well (like unicorns etc)???
Remote US based startups pay a lot :)
how do you land them as a fresher? I recently got rejected by one in 2nd round. Overall I applied for 30+ companies (both Indian and US), only 4 responded me and 1 called for an interview.
Search in YouTube for guidance
It’s definitely possible, freelancing, consultant, multiple companies. It’ll be hard works and long hours and weekends as well, but should pay at least 50L. take for example 25L in a job as salary. Freelancing projects, you can easily get 1-1.5L/month. So that becomes another 25L. And then moreover you can be a consultant for another company, that should pay 10-15L. grind like this for 8-10 years, now you have enough money to retire :)
Selection Bias
Agreed. But I do see a lot of people making 25-50LPA easily before their 30s.
Yeah In my company a software engineer freshers salary starts at 25 LPA
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 compensati...
Giving 34.2% directly and 18-28% indirectly to gormint. My biggest expenses by a country mile.
Ask me anything! I work in engineering and I’m happy to answer any questions you might have on what it’s like to work in a startup.
Would love to understand at what age people are joining their first company/startup and how much are they making initially? What’s the average pay diff between people graduating from tier1 institutions and tier2/tier3+ institutes?
