MagicalTaco

TC vs YOE

I see a lot of posts wherein we all are drawing parallels between TC & YOE. Eg “oh you’ve worked in PM for 5 years you should get 50L”

Imo - this benchmarking is very skewed. This actually depends on the leverage that you add to the org you join & the orgs financial health. If you’re getting paid 50L in a seed stage pre revenue startup; it’s mostly a sign of their financial indiscipline as opposed to your skillset or the leverage that you can add.

What are your thoughts on the definition of a fair compensation?

25mo ago

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BubblyPotato

Microsoft25mo

You are just being pussy here. Start working hard on yourself and upskilling and get a better job bro.

MagicalTaco

ITC25mo

My TC is 1.4 cr 🙈 I’m just talking about adding leverage

MagicalTaco

ITC25mo

Or rather having a conversation on how to think about this.

WobblyNugget

Stealth24mo

There is a lot of confusion. People include everything and mention it here. Ideally people should say base pay. Which after tax deduction should be their take home.

Adding stocks to the base pay really inflates it.

JazzyBurrito

Google25mo

Honestly great point. It’s not just a two dimensional CTC - YOE chart that we must think. But also the stage, free cash flow and pay philosophy of the company

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Software Engineers18mo

by DancingSushiCred

Fair Pay?

Big startups paying similar to 1+ YOE peeps as they do to freshers in the name of their T1 Colleges and same job title. Experienced peeps do bring a lot to the table 🤷‍♂️

Software Engineers2mo

by SqueakyPotatoOracle

Rejecting a 44 Lacs offer because it’s from a startup

I recently got a 44LPA offer from a “high-paying” startup, which I’m planning on declining.

YOE - 2.7, Degree - B.Tech (CS) from an IIT.

My current yearly TC - 51 (base 24, RSU 27 yearly). And as you can see the pay is very stock skew...

Top comment

Jumping from company to company just for better pay will not serve you in the long term. Companies will also look for...

Software Engineers22mo

by SleepyBananaSoftware Architect

Software engineering job is highly overrated. Prove me wrong if you can.

You are building a software that otherwise could be built by a 12 year old kid, if given proper training.
You cannot code if I cut off google, stackoverflow & related websites.
You are just concerned about producing the output q...