Salaries at the age of 40-50
Curious to know how much people end up earning in the long run. While there is a lot of buzz around current salaries in these threads, from a financial planning pov wanted to understand how salaries grow over time. Does a plateau come in percentage hike? Anyone who knows and can share some trajectories of people at 25-30-35-40-44
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Amazon (> 2cr) for L8 director and above.
- Google (~ 1.8 cr) for L7 senior-mgr and above.
- Microsoft (~2cr) for L67 and above. - Group manager and above
- Oracle (~1.5 cr) - Director.
- Qualcomm Sr. Director and above (~1.3 cr).
Source?
Post 40, variation increases a lot. 50% folks will drop out of corporate rat race, willingly or unwillingly. Remaining 20-30% should be earning atleast a crore if not more.
As a 40+ there is a wide variation but usually in the top tier cos (mostly MNCs) you end up making 75lpa + per annum with an upper bound anywhere between 2-3 CRs. However as you go up the ladder roles are few and far between and your variable component incr. while the fixed component remains range bound.
Unicorns $1-10b valuation in India
20yrs+ - 1-10Crore base
$10b+ valuation 20yrs+ - 5- 15Crore base
Age doesn't determine salary bracket
A lot juniors are earning more than me and many seniors getting less than what I make