Rant : Salary parity in India is such a shitshow!
Was going through Salary breakdown for Product Managers at various YoE of multiple companies at Grapevine’s own salary database, and also at 6figr. And OMFG the disparity between compensation for same band varies so much, even if the YoE for 2 employees are same. I also saw multiple instances where a person with lower YoE was commanding a significantly higher salary for someone in the same role and band with higher YoE.
I can’t understand, but why is this the case?? Even the govt has defined pay structure and compensation basis YoE for their employees. Then why can’t the same be followed here in private companies in India. One might argue that YoE might not be the best way to get parity, but how come there is so much gap between wades of 2 PMs in the same company.