DREAM SALARY PACKAGE in India vs. Good PACKAGE IN Germany
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- Опубликовано: 19 май 2023
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![How Much Do Indians Make And What Do They Do For A Living? [Mumbai] | Street Interview](/img/1.gif)
I choosed Singapore after working sometimes in Germany. I left Germany by Feb 2020. After 3 years of staying in Singapore, I am very happy about my decision. More Indian friendly, can visit India 3-4 times a year because of cheap air tickets, no racism. Germany you need to cook food, eating out is costly in Germany.
So, is choosing Singapore better than choosing Germany?
Pls tell, i wanna know
Germany is not indian friendly??
Singapore was one of the most expensive countries we visited. 2.5 dollars for a 500ml water bottle. It is very beautiful but the Indians we mostly saw there were doing labor-work. ( construction worker, street cleaners ect) which made us feel very sad. Seemed like Singaporeans are hiring other countries labours for their dirty work. Just want to give a other perspective of things. It might be great for you but the majority of Indians are not doing very good there.
Package?
@@Nic-om7en worked for me, since I am working in IT , but getting PR is hard in Singapore
Just what i needed. Thank you so much for this. Video quality is getting better and better.
There is also the "work-life-balance" benefit aspect of Germany (or EU as a whole). Strong labour unions in Germany (and EU) translates to 30 days / 6 weeks of vacation, ability to convert overtime work into days off, 37.5 hour workweek, and so on. And differently from the US (or India, which in my opinion, is closely modelling USA), taking vacations for work-life balance is very frowned upon, and guilt laden. In some German companies, even interns get mandatory vacations. ruclips.net/video/CpUO3JARjAc/видео.html
Well 25 lacks is a good number but not the dream one, many folks in india working startups and faang have salaries upto 1cr CTC, anyone who has 3-4 years of exp in software ( not IT) can reach this 25 lacks number! Now the point is What is the max level of income in germany for the same? How much does a CTO, tech lead or SDE3 earn there??
Brother, good video but 25 L CTC will bring you a Net of around 21L.
I hope you are clear that all the 80C, 80CCD and other tax declaration is your investment which you can use from 5 years onwards depending on the bucket you are investing. People living in Germany would also be saving some money for investment purpose right? nobody just blows 100% of their income on living expenses. Again term insurance, medical insurance, home loan, housing rent (even if you have home loan from the house in different state) are other segments which any person with "25lacks" package will have which is used for tax rebate (balanced against your tax). Also the gross salary depends a lot on how your company structures your salary, wherein either the company or you can utilize maximum of your salary. People are just focusing on traffic. If we are taking about quality of life, then having people who literally help in every damn domestic chore (maids, cooks, babysitters, househelp) throughout the day, 25 days a month is also blessed life. I know many people who go abroad for clean roads and greenery, get frustrated after year of doing every damn thing on their own (even assembly of furniture, fixing bathroom tap leackage) and miss their maids :D Not to forget people having kids value having accessibility to their parents more than any other thing.
when you say Gross Salary, do you mean Gross package offered to you, or s this inclusive of the additional contributions payable by the employer?
I am keep Applying since 4 months in Germany for senior data engineer position. The salary they are offering is between 80k-100k. The job market is not good these days
Correction all Indians pay taxes sir, you can say 6% pay income tax within which many files 0 tax return.
When my CTC was 25LPA, I never paid 40% tax (and deductions) in India. I still don’t even with much higher CTC. You cannot equate bonus/variable pay/stocks etc. with tax. It’s just these are paid annually or quarterly. I often got bonuses higher than what was promised in CTC.
That was an interesting comparison.
Bhai make video on purchasing power parity
How he just converted 25L to 15L staight face is beyond my rational thinking.
😂
Next time you make any comparison please bring PPP ( purchase power parity ) into account rather than comparing numbers. Also use Income tax dept calculator for deriving inhand salary rather than some random excel
Okay!!! The video quality of BiG >>>>>>>
Gets better with every video.
I've given my 12th boards, cleared Mains and will now give Jee Advance in June. I want to do my bachelor from Germany i checked on various universities website that one can apply till 15th July, so i can wait till my Advance result is announced. Will i need to do anything else, is there anything i m missing that i need to do in order to get into Germany and also I've done my 12th from NIos ( open schooling ) will it be a problem?
Would have been better if you also explained purchasing power parity ! For eg. 60k euros package equals to 18 lakhs rupees.
Correct but
it's all about savings , the amount saved in Germany is much more
Plus he they also pay bonuses in Euros
Ppp is just copium really, both are upper middle class numbers but the quality of life of an upper middle class in Germany will be so much better than upper middle class of india
He also forgot tax savings like investment in mutual funds, tax on house loan those all are benefits in india
Conversion from 25 lakh ctc to 15 lakhs in hand is not correct !! It depends on company to company and it should be 1.5 lakhs/ month . Could you please check on this and come up with a more pragmatic answer
Common you want free top class education, free public transportations, insured health care facility without giving high taxes, how can even this possible, think about that 😊 as an indian i also like germany, Vasudhaiva Kutumbkam (all earth is my home)
Healthcare in Germany sucks arse
Landing 120k salary in Germany from India is next to impossible. I'm speaking as a person who had 6-7 years experience and applied.
Yes, it is difficult, but not impossible. I'd say 90-100k is fairly doable. Also, I get a feeling that Germany's 90-100k is way better than what it is compared with in the video.
120K Euros is highly highly bullish salary expectation. Getting a 100K salary is a dream in Germany. But on other hand in India with 8 years experience people reach 25 lacs and post 10 years many people making 30 lacs per annum!!
Anyone think otherwise please comment
If you're commerce graduate with ca then it would 1cr after 10 years of experience. For it and technology forgein is better
Easier to get if you freelance but in a company rarely!
120k isn't highly bullish for somebody who has worked for 7-8 years in Germany btw. But yes, people need to be aware of which companies can offer competitive salaries.
@@normy_one youre right! im earning 110K plus 7K bonus per month here in germany with 8 years experience, we also have mid year and annual bonus
@edwardcalma4709 which company you works?
Please also tell the " Dream package " in Germany is only 1 percent of working group. Not everyone everyone ( i repeated it intentionally) do not get. Ofcourse tax is paid and we get in return more transparent way.
most people fantasize everything here...without knowing the actual truth
India is best. No need to go elsewhwre if earning is 25 LPA
But bro less than 0.3% of Indian population earn that amount of money
@@sumeet3773hat is almost 4million people. Also to note, it's easier to earn 25L in India (specially if from IT/Product base organisations) than to earn 120k in Germany. And a 25 L would fetch you around 18-19L after taxes
@@surajdubey3422you speak like 4 million is a lot of people lol, and 25 lpa is 15 lpa according to the video so idk where do you got that number
@@blacklung6422 Please refer to Indian Tax Code before taking random videos on RUclips as fact
me after watching german taxes:
_question's my life decisions_
25 lpa CTC is pretty normal in India these days with 5-6 years of experience in IT sector even in service based companies like TCS and Infosys. In Germany 120k is very rare in IT sector. Consider yourself lucky if you get 100k even after 15 years of experience.
How many do you know who are earning 25+ in a mass recruiter like TCS, Infosys ? Not social media influencers, but real people you have met ?
@@john10000ish Many. Of course only those who have switched their jobs. If you remain in only one company you will get much less salary.
@@DavidDavid-yp3ln can you mention their position/designation by any chance. Not many. Asking for just one.
can confirm. all classmates who stayed back in India (about 10 years ago) earn now 40lpa +. Im not talking about the ones doing well who're reaching 1 crore
Pretty normal? The average cs guy earns 7lpa in India 😂
You really need to visit India. Things have changed. Freshers in IT no more works for 3lacks ctc. And dream package in cities like Bangalore Pune have crossed way more than 1cr.
Hey Mayank. I agree with you that things in Bangalore and other cities are great but the data in that video is directly sourced from the university of Mumbai where Aditya studied and thus it's not out dated data. Not everyone receives the highest package every year and with the current hiring freeze - things have just gotten bad
Good package in germany is better, india high salary people also pay insane high taxes same like germany's 45% tax, but here u wont get same facilities for that tax money, quality of life, public services bla bla
What if I am having 10LPA CTC in India and getting a job offer in Germany? What package should I ask for? Can someone help me here?
Bro it's your choice whether to be in India 🇮🇳 or Germany 🇩🇪,I think 10 LPA Salary package is pretty good package means Rs 70,000 per month,If you want to stay closely with family & frnds and having fear or missing Indian Culture & Love Indian Cities Then India might be good for you.
If you are getting Job offer From Germany It's upto you can politely Reject or accept the Offer,Only The Accept The offer if you want lavish Life Style and aim is to earn more money & get Global Exposure Then Germany 🇩🇪 is Best for you...
By the way you should work on skills bro Never Say Exact Count Expecting Salary to Recruiters because they may give You lesser salary than Expected Salary which you want,it depends upon your skills & work experience.
if u get a decent salary..life in India no doubt is far better...medical, labour support, managing daily life , socialising, friends, invaluable helps ...not so many frightening letters in your letter box for matters you dont know even..etc.. . langauge is real barrier.. that gap is not easy to fill ..for professionals , the level of satisfaction is not easy to get due to language issues..englisg speakimg countries always good if have long term planning
Medical? Really? He is talking about Germany not the USA brother, due to the insane taxes in Germany medical care is almost free and miles better than that of India, quality of life is astronomically better ( hdi rank 7 vs 132), and the language can be learnt, rest are the non issues that you have mentioned, that do no make much sense, managing life? Most 25 ctc packages in India will be Monday to Saturday and usually more than 8 hours with very few holidays, work life balance is non existence for that amount for money
@blacklung6422 medical is definitely better in India. I have a lot of friends and fam in Europe.Most of them are frustrated with the medical systems there
@@blacklung6422holiday mae kisko milne jaoge.
I never knew that we would get only 15L net for a 25L package in India.
@@DataEngineerVS98 life’s not the same though. You can still save better inr
@@SanjeevM-hv4guyou can't save better in inr
@@blacklung6422 why so.. saving 1k in a net of 3k is still 90k inr. That’s my perception. Please explain yourself. Curious to know
@@SanjeevM-hv4gu I'm confused by your question, what i meant was you will save more in Germany in comparison to India, food and other utilities are non issues to a upper middle class person in both the countries, 50% of Germans rent since the rent is government controlled and very stable so there are very few things you'd need to use your money on Healthcare is pretty much free as opposed to India, if you make an upper middle class salary in both the countries, chances are you will end up debting yourself and buy a house, while in Germany that's a non issue and you can save a lot
@@blacklung6422 haha I too mentioned Germany. Savings in inr from Germany..
I hate the conservatism here in India. I'm getting a NIT this year and hopefully will also get an IIT. I plan on coming to Germany after 4 years💛
Or just learn German to C1 level and then apply to any public uni after 1-2 years.
@@animememes7531 nah bro, I'm already in my drop year and I don't wanna take another drop. But I'll immediately start learning German after JEE Advanced
@@yash1756 What was your rank this year bro?
@@ishaanshekhar6759 mat poocho bhai rehne do
@@yash1756 Bata do bhai, meri 1 lakh rank aayi hai, tumsi bekar hi hai kyuki tumhe atleast NIT to mil rahi hai
Domestic help in India is something we Indians really underestimate because we haven't faced the scarcity of it.
If I were given a choice then I would choose India over Europe any day. But choice reverses if US is considered. I mean if I going out for money then why work in Europe where you have to wait months for a check up and earn less( compared to US ).
I understand US but why would you choose india
Months for a check up? Is that really true? Edit: After searching online, I find that these extended waiting times are only fo rspecialist. Most general doctors do in 1-3 days.
Also, I'd like to add that, if you were to go in US, then you'd be indirectly spending money in case anything happens to you. Say you want to go to college there, or, even pay medical bills.
@@____Itachi Lifestyle is okish but the main factor is family. I will feel like an alien in europe because it is not as diversified as US.
@@buraianmath Thats the major drawback of choosing US. Hospital fees skyrockets.
crime rates and mass sho..tings ( 186 already this year) - dont understand how anybody can choose Us...
How much can save in Germany after masters
Taxes are high in both places
want to earn money? always choose usa/Canada/ Australia over European countries. They are capitalist economies that help you grow faster in your career with an excellent in-hand salary!
Stay in India, you'll be happier. No incentive for this channel to you that. You can earn 100k but you will never be able to integrate. If money is crucial, with the same skill you'll earn 300k in the US. speaking from personal experience.
Is it possible to find job after MS in Germany in software development?
@@mirazmondal1431 very much possible. Infact very easy as there's hardly any competition
@@mirazmondal1431no
Have you guys heard about PRP, let me tell, if you get 25L in India that life style can be matched in Germany for 85k euro. Atleast in India schools, colleges you don't have to wait in queue for admission. But in Germany you have fill the application and wait they will call you, if there is a vacancy, but its rare, I lived both life style. In my opinion, if you are earning more than 20L per money, don't even dream for Germany. because there are two different salaries, one is german speaking native people where they higher on other hand immigrant only english speaking where we get paid less. Think wise and twice before making a move to foreign
ok uncle
I am ready to leave I don't care about any one
I work in DE and i am ok with 42% deductions. But, As per ur sheets in India 25lakh has 19L approx take away and not 15L. Check ur sources again. Both countries have pros and cons and cannot really say Germany is best among two.
It’s 3 lacs tax for 25lacs in India
Ofcourse Germany🥰
Health care in Germany sucks bro
?????, Germany ranks 7th in Healthcare what are you talking about, and it's free
25 toh hamara starting ha
Germany is such boring hai bhai paisa leke kya Kroge? Racism is next level, no one interest to talk.
why didn't you interview any women?
How does that matter?
In India it's matter 🥶
@@BharatinGermany this entitlement attitude is all over india lately.