Saw this on Twitter today. Tech Mahindra hiring graduates for 3.25 LPA and 24*7 Shift timing. I talked to various people to get an idea of their pay. A) A plumber lives near my house. He said he earns 2-3k daily and works for 20-25 days average. He earns 50-60k per month. B) Electrician earns in the same range.
And other technicians and workers like this who are skilled earn a lot more than a software engineer. This is the hard reality. Students study for 16 years and pay 15-20 lacs college fees for this.
Welcome to the real world!
At the same time, you should know electricians/plumbers add more value to the society than a “fresher” TechM shift employee. If you’ve paid college fee that should not entitle you for a high-paying job. It’s just a privilege.
Sooner you realise this, better it would be.
Can you extrapolate after 5 years for both? There was a similar comparison with cab drivers a few years back. Well the cab drivers did a bandh yesterday
For a TechM Employee If they don't switch Jobs.
Income in 5 Years considering hike of 10%.
Around 20 Lacs.
For a Skilled Plumber/Electrician
Average Rate 2000 per day working 20 Days a month with no price change for 5 Years and No extra contract work which pays more.
Income: 24 Lacs
Plus No Income tax for him. No Prof Tax for him. No education loan for him.
While I agree to the points you mentioned. Life doesn't end after 5 years, in fact that's when the serious earnings start for most tech employees. So earnings after 5 years for techM guy will only go up. Also don't you think the plumber had to work under someone for first 2-3 years for peanuts to get to this skill level. So the calculation is misleading.
Tik tokers, youtubers make more money than the avg CEO in India. Welcome to reality. Where your education, brand does not matter as much as people would have you believe. Corporate Jobs is one of the least time efficient ways to make money, although a very low risk one.
If I look at certain high flying YouTube channels with 5million subscription, they are unable to get 1million views over a month. Definitely the world has moved out of COVID digitalization.
Corporate life gives you the best option to take risks when you want . It provides you with the smartest people to learn from and build network. If you still don't leverage the opportunity and want to live a peaceful life, still a very good deal.
Lol your plumber has 0 career growth chance but these students or freshers have a chance to grow to much better packages in the future with better working hours. This false comparison logic has been debunked many times, recommend you to have a bit of awareness
Well that's true. But you don't need to "Lol" at them.
Do you think plumbers are dumb? That they don't know how to grow their earnings beyond plumbing?
They hire others, get into other jobs that aren't strict about moonlighting, eventually start their own business or shop and keep expanding. Much more hustle and chops than an average engineer today.
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