BouncyQuokka
BouncyQuokka

Salary Discussion

I see a lot of people think here that a 3-5 year experience candidate has a right to demand 40-50 lakhs pay.

Is it really the trend now? Am I unaware? I see pay range in 6figr & other websites but don't see the pay scale of 40-50 very often except for full funded startups, MBBs.

What is the reality of pay range by professions for exp 3-5 years?

11mo ago
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SillyDonut
SillyDonut
TCS11mo

On GV, u have top 1% of top 1% of crowd. Means 0.01% Elite. They are good at what they do and hence getting yoe x 10 also.

But on an avg it's yoe x 2 or 3 in most of cases.

SqueakyMuffin
SqueakyMuffin
Zomato11mo

Ok Mr founder. Did you pull this statistics out of your ass after eating spicy Burrito or Momos?

Stop gatekeeping, especially when you're on the wrong side of the gate.

FuzzyDonut
FuzzyDonut

50 LPA is pretty reasonable for a 5 yoe candidate. How much lower do you expect?

BouncyQuokka
BouncyQuokka
EXL11mo

50 lpa may be reasonable but not for every profession out there. I hear ceos, cxos packages within 1-2 crores, how do middle managers earning 50-60 lakhs?

GroovyBoba
GroovyBoba

Top cxo range is not 1-2 cr. It's more like 8-20 cr.

PeppyMarshmallow
PeppyMarshmallow

Please have realistic expectations. Salaries depend on the market conditions, skillset of candidate and sector. I agree with @Sherlock007; GV has top talent.

SillyDonut
SillyDonut
TCS11mo

💯

DerpyMochi
DerpyMochi
Planet11mo

Here's the metric
If you say you want that pay grade to your colleagues/manager and they don't disagree or hesitate, you are worth it

Cos there are two cases:
You are worth it and you don't know it
You aren't worth it and you don't know it

Only way to find out is to go around, claim what you want and see how the 'market' reacts

WigglyRaccoon
WigglyRaccoon
Nvidia11mo

Perfect

WigglyPotato
WigglyPotato
Zepto11mo

It was supply vs demand, which seems to be getting settled now. I have seen people joining new places at lesser than current pay this is gonna become normal

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