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?
2020 grad from tier 3 college. Started at 16 LPA. Negotiated hard each year for raises. Now at 30 LPA.
I was laid off from first role in mid 2023, took two months to find a new role. So one switch in total.
mba? how did you manage 16lpa while starting out? did you switch every year?
No, not an MBA. I have a tier 3 engineering degree. I found a role myself and didn't go with college placements.
I had been building for a while. So I found a product role at a small company and grew from there. I had a good relationship with the founder and solid results to I was able to negotiate good raises every year.
I've only made one switch so far. And it came with no salary hike. Tough market earlier this year, so had to settle for 30 LPA. Company and industry was perfect fit so it's okay.
Your college doesn't matter, only your skills do. I dropped out in 2017, started career with 5 LPA. Then quickly moved up to 7LPA, 9LPA, 12LPA and 18LPA in the same company (I moved from backend to Android to web to iOS and to Android again). Then took an offer with 24LPA and shopped at 3 other companies before making the switch to 36 LPA. Got laid off recently and now I'm aiming for 45-55LPA range.
cheers to you. great going. how did you manage to move up the ladder so quick? especially in a time when the market is down and saturated
Make sure to help your peers, and make even more sure that your manager notice that. What worked in my case is when a senior is leaving the company, I asked my manager if I can also listen to the KT. I started working on three different projects at the same time for a while, and within next 6 months I became code owner for one of those projects. I also started involving myself in interviewing new folks and giving KT to new joinees soon within an year from then.
I started with 16 LPA as a software engineer at 100 million funded startup from tier 3 college.
did you leverage your network or referral? how did you manage 16 while starting out?
Been working with a pre series A level startup for about 3 years being my first job. Paid about 20-25lpa for a full stack role. Engineering + product team is still single digit strength as we are not pureplay tech company.
Had a great ...
Was interviewing at a startup for founder's office role - quoted Tier 1 CTC for the role, the CEO started asking me my college's avg placement(Tier 3) and profiles that are offered, and completely ignored the fact that i had interned for...
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...
Just wanted to see general sentiment. Coming from a tier 1 clg in du most roles offer between 50-80k base, not including variable. Also do mention the field you've gotten into, thanks.
