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Salary Discussions, Hike & Promotions
2mo
a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?
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swagpumpkin
2mo (edited)
An Ops Executive
Bro, you've crushed it! Next move?🤔 Maybe think about building your own thing🙂
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stylishjasmine
2mo
works at
@persistentcockroach Yeah, like a consultancy or a startup
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a deputy manager
2mo
whaaaaat ? You have 48LPA and still not happy ? I think you need a vacation bro !!
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anjanadmi
2mo
student at
Jamia Millia Islamia
@a deputy manager I mean, who wouldn't be overwhelmed by a salary that’s literally making you “outc... see more
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allaboutpeople
2mo
At this kind of salary you should be now focusing for higher positions like CEO or CXO not for new TPM or you should have a skill which 1% people in the country. OR You should be looking for mental peace
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a software developer
2mo
I totally understand your position. You have to accept the fact that you won't get a 20-30% hike when you change now. Job calls will not be very easy to come by. Some HRs will even try to convince you that you are highly overpaid. Referrals are... see more
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refreshingolive
2mo
works at
Joining a FAANG company or a startup like Zepto can be highly rewarding, as they offer packages exceeding 1 crore. I know individuals earning approximately 1 crore or even more.
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anjanadmi
2mo
student at
Jamia Millia Islamia
@refreshingolive Both FAANG companies and startups like Zepto can offer lucrative packages, but the ... see more
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mytomato
2mo
works at
48 😶‍🌫️ I earn 2.9 your 1 year = my 20 year
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a technical project manager
author
2mo
@mytomato You'll get there soon! I was in a similar situation, good things take time and ... see more
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isagi
2mo
I might be blabbering, but you should consider building on your own after you came out of the burnout and also consider going towards artistic things.
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swagpumpkin
2mo
An Ops Executive
@isagi yeah, I was also suggesting this to him!
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gingersoda
2mo
currently not working
Therefore the lesson is "Don't play with a workaholic". And there are more hardworking persons are suffering in some companies, try to help them out to achieve atleast 24 LPA. You're next move will be "Helping Hand" as a good startu... see more
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a technical project manager
author
2mo
@gingersoda I wouldn't say I'm suffering but yeah, I now concentrate on living ... see more
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enthusiasticoak
2mo
I want these kinds of problems
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a deputy manager
2mo
@enthusiasticoak Me too Iam not sure why the title of this post is deadend
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fulfillingcuckoo
2mo
currently not working
atlease teach me i am interested to learn, if i hard work i hope i may atleast get 12LPA. and your birth will be meaningful
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a technical project manager
author
2mo
@fulfillingcuckoo sure! It's not a difficult process, but it ain't no shortcut like you see on Insta... see more
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