Many 2yoe guys getting 20, 25 lakhs base in India. Where is it going?
True...BOFA and wells underpays by giving 20-25 to guys having 7 plus yoe
And then Infosys, TCS, wipro "underpay" even more, right? ππ
Lol....Infy pays 8L-10Lper annum and you have work like donkeys/monkeys and be slaves to offshore managers.
Lol 20 - 25 is not even high end of the range for base at 2 yoe. Amazon, Uber, Rubrik, Tower Research, Directi sometimes pay more. Fresher base starts at 16-20L at these places..
That does not make sense for the company. 20lakhs is 300k USD. They dont that much in US for 2yoe. Why do it in India?
20 lakhs is less than 30k USD
Rs 20 lakhs =~ USD $30k. Take it easy!
OP, at my campus Google offered 25 lacs, Amazon offered 20 lacs, Microsoft offered 16 lacs to new grads, no masters degree. This was 5 years ago.
I think you are talking about TC, not base. Couple of years ago, AMZN, MSFT & many others offered TC in the high 20s at my college . But 25L base with 2 yoe is quite impressive. It's almost L62 range at MSFT.
3 years ago, a friend at Amazon had 36 lacs TC. At that time, he was 2 yoe. I am sure out of 36 TC, base would easily be 20+
Getting into a hot startup / fang in India is extremely difficult and you still get paid less than what in US
Bull shit
Getting a good job in India is on an average harder than getting a good job here.
Indian startup story is the only good news in India for last decade. So I would say it is going in the right direction. Maybe more students would start getting good salary. As of now, only a very very tiny fraction of 2 yoe gets this kind of salary. Maybe 0.1% . Maybe less but Certainly not more than this. Would love to see more startups with ability to pay good salaries!
Wow