Post
Salary Discussions, Hike & Promotions
7mo
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?
Comments
Popularity
sincereolive
5mo
works at
No, I don’t think it’s a peaked pay for 12 yrs of experience, you can grow even more. I’m getting 43LPA that on 6yrs of experience. Try remote roles that pay you in higher currency.
a technical architect
5mo
[sincereolive](username) , can you suggest website or source to search such remote jobs?
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a technical architect
5mo (edited)
summary of the expected salary range for a project manager with architect exposure and 15 years of experience in India:
General Range: ₹35-50 LPA (Lakhs per Annum)
Tech Hubs (Bengaluru, Hyderabad, Pune, Delhi-NCR): ₹45-70 LPA1
Smaller Cities: ₹25-40 LPA
Top Companies: ₹40-48 LPA
I have below questions if someone answer, it will be very helpful.
Can you provide the names of companies that are known to offer these salary ranges for cloud architects with 15 years of experience?
Are there any specific tech giants or leading firms where these numbers have been reported?
Are there any industry reports, salary surveys, or benchmarks that support these salary ranges for cloud technologists?
a technical project manager
author
5mo
[a technical architect](username)
It's hard to pin point such companies and say it is for certain. It has been a trending practice for many companies to post their budget range in job portals such as Naukri, indeed, Glassdoor. AmbitionBox also has such relevant data but could be outdated or wouldn't have any open position.
On a serious note, most of these pay Packages are just CTC with ESOPs, Variable Pay and what not.
Through experience it's always best to ask for a high basic pay till you reach 40LPA+ first since at this point any more raise just keeps adding more tax and the in-hand raise is almost negligible.
Another advice is that you don't get into fancy startups that are funded with no clients, because it'll be shortlived and you'll find in a situation where your next jump would involve paycuts.
Startup companies that you should look for are Uber, Ola, Flipkart, Zomato where they run and thrive on cloud environments and have a fair interview system on knowledge against hyped intelligence which is never put in practice.
mesmerizingvishnu
6mo
works at
Health is wealth. Prioritize the health and happiness. Read Steve jobs last words.
a technical project manager
author
6mo
[mesmerizingvishnu](username) ironic coming from a person working at a company that promotes destruction of work life balance!
a deputy manager
7mo
whaaaaat ? You have 48LPA and still not happy ? I think you need a vacation bro !!
betipushpa
7mo
student at
Jamia Millia Islamia
[a deputy manager](username) I mean, who wouldn't be overwhelmed by a salary that’s literally making you “outclassed”🤷♂️
a technical project manager
author
7mo
[a deputy manager](username) I didn't say I'm not happy, with my journey, I'm more than just happy!
I'm at my early 30s and I feel that it's good to have a roadmap for the future
kiamimomo
7mo
works at
[a technical project manager](username) May be you can try to have an executive MBA program from top B-schools to have more hands on to upskill yourself and to have better position with extreme hike.
betipushpa
7mo
student at
Jamia Millia Islamia
[a technical project manager](username) That’s such a great mindset! You’re setting yourself up for even greater things!
awesomesnail
7mo
works at
[kiamimomo](username) Do you really think he needs an executive MBA when relevant experience and targeted skills could get him the same growth without the hefty investment?
kiamimomo
7mo
works at
[butterymojito](username) There are plenty of programme in MBA which are probably completed by ones who are working as directors in one of the org....so investment is not just a thing it will also improve the appearance of people in the world full of curiosity.
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memelord
5mo
works at
Bro/Sis is suffering from success 😉
gloriousmalpua
7mo (edited)
An Ops Executive
Bro, you've crushed it! Next move?🤔 Maybe think about building your own thing🙂
stylishjasmine
7mo
works at
[persistentcockroach](username) Yeah, like a consultancy or a startup
a technical project manager
author
7mo
[stylishjasmine](username) I doubt I have the business mindset to start a company, I'm probably one of the "rare" people who knows that they're not going to be good at being an entrepreneur.
hrterminator
7mo
currently not working
[persistentcockroach](username) But don't you think that it's not an easy task to launch a company or a consulting firm after seeing the Market scenario ?
gloriousmalpua
7mo
An Ops Executive
[a technical project manager](username) Honestly, it’s refreshing to see someone so self-aware
betipushpa
7mo
student at
Jamia Millia Islamia
[oldshinchan](username) Totally get where you're coming from—it’s definitely not easy! But honestly, the market will always have its challenges. If you’ve got a solid idea and the passion to back it up, why not give it a shot? Every big name started somewhere!
socialyakiimo
6mo
ex -
Unity Tech
[anjanadmi](username) where to get that passion from, the ultimate thing ?
View 1 more reply
enthusiasticoak
7mo
works at
I want these kinds of problems
a deputy manager
7mo
[enthusiasticoak](username) Me too
Iam not sure why the title of this post is deadend
a technical project manager
author
7mo
[enthusiasticoak](username) It's not a problem, It's like a huge wall that I can't seem to break through.
mytomato
7mo
works at
48 😶🌫️ I earn 2.9 your 1 year = my 20 year
a technical project manager
author
7mo
[mytomato](username)
You'll get there soon! I was in a similar situation, good things take time and patience there's no shortcut to learning.
a deputy manager
7mo
[mytomato](username) Whats your age ?
mytomato
7mo
works at
[a deputy manager](username) 23
a deputy manager
7mo (edited)
[mytomato](username) 🥲 you will reach at your desire goal
Just ensure you are on the track,
work hard and smart
mytomato
7mo (edited)
works at
[a deputy manager](username) your age my health conditions are going down i don't think I'll survive longer
a deputy manager
7mo
[mytomato](username) 32 🥲
a technical project manager
author
7mo
[a deputy manager](username) both of you have your own paths! The best way is to just fight towards your desires.
roxenjogger
6mo
works at
I like your hunger about your package, it's time to build yourself to enter in MAANG or FAANG.
a software developer
7mo
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 your best bet.
Salary will be a mixture of fixed, variable and stock components. You must be extra careful when evaluating the offer. Before accepting any offer make sure that you evaluate the company thoroughly. Because the next time you go looking out for a job, things will get tougher
gingersoda
7mo
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 startup.
a technical project manager
author
7mo
[gingersoda](username)
I wouldn't say I'm suffering but yeah, I now concentrate on living my dreams rather than chasing after them. From a home to a trip across the world, most of the middle class dreams!
I could definitely help people achieve 24LPA but they probably would prefer all these fast track courses instead.
allaboutpeople
7mo
works at
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
refreshingolive
7mo
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.
betipushpa
7mo
student at
Jamia Millia Islamia
[refreshingolive](username) Both FAANG companies and startups like Zepto can offer lucrative packages, but the choice depends on your career goals, growth opportunities, and work-life balance preferences.
fulfillingcuckoo
7mo
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
a technical project manager
author
7mo
[fulfillingcuckoo](username) sure! It's not a difficult process, but it ain't no shortcut like you see on Instagram that you'll achieve within 3 months.
isagi
7mo
works at
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.
gloriousmalpua
7mo
An Ops Executive
[isagi](username) yeah, I was also suggesting this to him!
infinitecoffee
6mo
works at
You are earning fair good amount of CTC, i earn very less like 5 lpa per annum with 9 yr of exp
dataguru
6mo
works at
Sorry, I dont understand. What is your current problem, again?
jagaagencywork
7mo
works at
Hello
a deputy manager
7mo
[jagaagencywork](username) aage bolo
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espionage
7mo
works at
Some organizations value skills over years of experience. Look for companies that offer growth opportunities and fair compensation. Focusing only on higher pay might leave you stuck in an unsatisfying role. Choose a place with steady financial growth and learning opportunities to stay satisfied in the long run
flawlesscrocodile
7mo
Congratulations
judah
7mo
works at
In our field we always need to get ourselves updated and aware of the coming technologies. So always in a learning mode is what you can consider yourself. Try pursuing some skills which has long trend over the years. You can get a MS for same and try for better roles in a big tech company.
saltyslug
6mo
works at
lol
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