How can one benchmark growth? What should the average IITian (not the outliers ) be making post 9 years of work ex, no MBA or Masters' generalist tracks non tech? Is a 45 fixed + 5 variable good or below par? How much would this be more with an ISB MBA? And with a M7 MBA but back to do a job in India?
There’s no such standard. All depends on experience and skills and luck of course.
+1
Without mba around 3 years of total workex. Was making around 40
Did you do an MBA in India? If so, did you see a RoI because as per placement reports the avg. pay post MBA is 30-35LPA range.
A top tier mba in India would give around 25-35 depending on the rank In the top 10-12 college standard rankings, you can get much more than that in top 5 colleges with a top tier placmetns but yeah averages around that figure only. So 50-60lpa would be the number for around 8-9 years considering workex of 2 years before mba and achieving this number is 6 years post mba
Don't benchmark yourself. You will be disappointed by knowing the numbers. Just relax and enjoy your life , if you think your salary is not meeting your needs and lifestyle, just look for change. People in tech are making a lot nowadays.
If want to see someone in top keep on adding more filters. Like iitans non mba non mbb working for fmgc in West India eventually one can be in 95%tile
Objectively it might be less for 9 yoe, coming to rough data point of family members in consumer electronic sector 8-10 yoe state govt engineering degree are making upwards of 50lpa non software engineer roles.
Even textile industry folks getting 35+ lpa and its pure human capital intensive factories.
Figure you've quoted is more or less right
