In the IT industry - I would consider the following: If you have "X" years experience & your salary is more than 5X, it is considered to be on the higher end. And it becomes more risky as you gain more experience!
Hi @Pavan , how much in your opinion would be a good salary in IT in India -- in the sense , if we have x years of experience, is 2x or 3x a good and risk free salary. Can you share your opinion on this. Thanks in advance.
I agree as soon as you go higher salary band your exit option becomes limited. Side hustle or personal branding is must for now a days. But I do not agree for salary benchmarking. It depends on company to company or niche you are skilled at. You cannot say amazon pays higher salary than tcs. But yeah exit option will be limited because you will now be targeting similar sort of companies as exit option in order to be sustainable.
Sir my boyfriend is working as a Senior staff Software Engineer. He is mostly handling high priority, urgent and risky cases. He works like hell. And he is also unwell since 6-8 months. His salary is in Cr. But I am concerned that this is taking toll on his health and mind. Life is the most important thing that I am worried about.
Hi Pavan, thanks a lot for shatung the insights. Very informative videos. Alpha networks - could you please share the official URL? Also, other expert network groups if you can. Thanks again!
In the IT industry - I would consider the following: If you "X" years experience & your salary is more than 5X, it is considered to be on the higher end. And it becomes more apparent as you gain more experience!
@@Pavansathirajuwhat do u think of 40 lpa fixed for 13 year full stack developer individual contributor? I always felt that growing to lead or manager is risker as compared to individual contributor, because managers are always easy to replace with cheap price.
Sir, I see that you encourage people to go and study abroad. But that is not a good option anymore. Some of my friends studied and returned back to India without getting job which made their financial situation much worse. Things have changed in recent times. Please do fact check before promoting such things.
helllo sir i m a bcom, student..could you please say me what skills should i learn while persuing bcom ..i m in final year... professional courses like ca acca cfa is not my cup of tea 😔😔😔😔😓😓
Hi abhu! I am also in the same position u r. If you are very well with ur analytics skill try to learn some data analytics tool like excel,sql, power bi first. Then work for a few years and upskill by learning ml,deep learning, ai and then switch the job with promotion as a data scientist. If you are really good with finances do a professional course . But to remember, ur primary skill should be your most knowledgeable part either finances or analysis.
Sir my employer paid me cash salary of rs 33000 for 1.5 year of my service period shall it be any complications if I want to switch my job to other company & ask for bank statement Entries ? About payment slip. I have experience certificate & salary certificate for cash payment. Is it ok ?
You have the idea that old software engineers are removed first when young engineer can do the same job in fraction of their price? This is disadvantage of bejng in technical role. This is the reason people shift towards mba after working for 2-3 years. Infact it's the sales and marketing which actually have a lot of weigh of amount of experience, especially managerial role because some skills come better with age.
In the IT industry - I would consider the following:
If you have "X" years experience & your salary is more than 5X, it is considered to be on the higher end. And it becomes more risky as you gain more experience!
5x is very high risk indeed
Higher the Risk Higher the Returns
Hi @Pavan , how much in your opinion would be a good salary in IT in India -- in the sense , if we have x years of experience, is 2x or 3x a good and risk free salary. Can you share your opinion on this.
Thanks in advance.
2-2.5x is relatively risk free. @@kevinvjacob4715
Hi sir is the same rule is applied for it product org like Amazon Walmart ?
It is very difficult to survive here sir.. every where there is politics
Your videos are very well structrued and to the point no "Bakwas".
Thanks man!!
I agree as soon as you go higher salary band your exit option becomes limited.
Side hustle or personal branding is must for now a days.
But I do not agree for salary benchmarking.
It depends on company to company or niche you are skilled at.
You cannot say amazon pays higher salary than tcs.
But yeah exit option will be limited because you will now be targeting similar sort of companies as exit option in order to be sustainable.
Forget about high salary during corona lockdown I was asked why there is a gap of 2 months that was the moment I left hospitality industry
High salary job in a B2C company is most risky but it can be most rewarding if lucky.
Absolutely true
Great Insights. There is always a second side of the coin. And you just showed the world what that second side of the coin looks like.
Sir my boyfriend is working as a Senior staff Software Engineer. He is mostly handling high priority, urgent and risky cases. He works like hell. And he is also unwell since 6-8 months. His salary is in Cr.
But I am concerned that this is taking toll on his health and mind.
Life is the most important thing that I am worried about.
There are many in 1+ cr earning engineers in Metros.
They will regret some day for sure. Take care
Please stay connected with Ayurveda it helped me much. Have a consultation with ayurvedic doctors and follow the lifestyle they say
Hi Pavan, thanks a lot for shatung the insights. Very informative videos.
Alpha networks - could you please share the official URL? Also, other expert network groups if you can. Thanks again!
share the expert network link sin the description
Here is the link: glginsights.com/
very insightful :)
most helpful video
Glad to hear that:)
Many Staff engineers, principal and distinguished engineers are earning 1+ cr in Bangalore
What's the High salary Definition here. Could you please share..
In the IT industry - I would consider the following:
If you "X" years experience & your salary is more than 5X, it is considered to be on the higher end. And it becomes more apparent as you gain more experience!
Highness depended on the organisation one is working for.
@@theunusual4566I disagree. You have to benchmark against the industry. Because, exit options become limited
@@Pavansathirajuwhat do u think of 40 lpa fixed for 13 year full stack developer individual contributor? I always felt that growing to lead or manager is risker as compared to individual contributor, because managers are always easy to replace with cheap price.
Even @ 2X , It has impact in service industry. As Projects margins have decreased competition, Client themselves plan for inhouse,
Sir what about jobs in fmcg sector in marketing roles post MBA? Are work life balance prevails there?
Sir, I see that you encourage people to go and study abroad. But that is not a good option anymore. Some of my friends studied and returned back to India without getting job which made their financial situation much worse. Things have changed in recent times. Please do fact check before promoting such things.
I want to build software to rank and rate every corporat
Hello sir. Im also from NIT Rourkela. Good to see a nit Rourkela alumni. 😊
i have 6 years of experience what salary do you think is risk free for me
18-20 lakhs . Generally 3*experience
Is the 5x formula applicable for inside sales executive in an IT industry??
helllo sir i m a bcom, student..could you please say me what skills should i learn while persuing bcom ..i m in final year... professional courses like ca acca cfa is not my cup of tea 😔😔😔😔😓😓
Hi abhu! I am also in the same position u r. If you are very well with ur analytics skill try to learn some data analytics tool like excel,sql, power bi first. Then work for a few years and upskill by learning ml,deep learning, ai and then switch the job with promotion as a data scientist. If you are really good with finances do a professional course . But to remember, ur primary skill should be your most knowledgeable part either finances or analysis.
@@sivakasi3604 thanks bro ❤️..i have already learn excel basics..let me try powerbi and SQL 👍
Your English writing skills needs to be improved, little bit... Bro..
Maybe you should hire a better thumbnail designer
I consider the current designer to be VERY good:) But, if you have more ideas - do share:) pavan.nitrkl@gmail.com
Sir my employer paid me cash salary of rs 33000 for 1.5 year of my service period shall it be any complications if I want to switch my job to other company & ask for bank statement Entries ? About payment slip. I have experience certificate & salary certificate for cash payment. Is it ok ?
This might be true for MBA Sales, marketing jobs but definately not true for Knowledge Driven roles like Software engineering ..personal experience
You have the idea that old software engineers are removed first when young engineer can do the same job in fraction of their price? This is disadvantage of bejng in technical role. This is the reason people shift towards mba after working for 2-3 years. Infact it's the sales and marketing which actually have a lot of weigh of amount of experience, especially managerial role because some skills come better with age.