IIM-A batch of 25 year olds graduate with median packages of 30L+ (audited reports), and you confidently declare that mid career management professionals aren’t earning even a quarter of that?
Do you people even live in India?
Because I do, and every single person in my cohort of 35 year olds is making excess of $60k/year, most doing close to $100k/year even when working at second tier companies.
The FAANG folks are easily making $120k+/year.
Try hiring a skilled developer with 7-10 years of experience and you’ll know what current salaries actually are.
Not Jaipur, but people earning 1cr per year are increasingly common in Delhi/Bangalore. Every single person I know - all working professionals in their mid 30s - are earning higher than $60,000+. None of them even went to top tier institutes.
The ones who did go to top institutes and have top companies on their resumes are doing $100k in their 20s.
You have no idea how much salaries have inflated in India, especially in Gurgaon and Bangalore.
Just look at rents to get an idea. Rents in Bangalore have gone up 100% or more in most placed.
That doesn’t happen without massive salary increases.
Comments
(You're aware that the 60x higher is $144k/year? That's common for a "mid career middle management professional in a good job" in Jaipur?)
No mid career middle management professional is earning a quarter of that anywhere in India. The most charitable take would be to assume a typo.
IIM-A batch of 25 year olds graduate with median packages of 30L+ (audited reports), and you confidently declare that mid career management professionals aren’t earning even a quarter of that?
Do you people even live in India?
Because I do, and every single person in my cohort of 35 year olds is making excess of $60k/year, most doing close to $100k/year even when working at second tier companies.
The FAANG folks are easily making $120k+/year.
Try hiring a skilled developer with 7-10 years of experience and you’ll know what current salaries actually are.
Not Jaipur, but people earning 1cr per year are increasingly common in Delhi/Bangalore. Every single person I know - all working professionals in their mid 30s - are earning higher than $60,000+. None of them even went to top tier institutes.
The ones who did go to top institutes and have top companies on their resumes are doing $100k in their 20s.
You have no idea how much salaries have inflated in India, especially in Gurgaon and Bangalore.
Just look at rents to get an idea. Rents in Bangalore have gone up 100% or more in most placed.
That doesn’t happen without massive salary increases.