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?
One interview, 1000+ job opportunities
Take a 10-min AI interview to qualify for numerous real jobs auto-matched to your profile 🔑
You are just being pussy here. Start working hard on yourself and upskilling and get a better job bro.
Or rather having a conversation on how to think about this.
You should mention tc so the tech kids don't bully you. And I agree that high comp doesn't mean your skillset is worth it. But the generation helps to ballpark how much you can earn if you upskill and have other leverages like good college/company/domain expertise.
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.
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