Folks who moved back to India for good

Aug 1, 2020 17 Comments

Hello! Anyone out here who decided to take the leap and move back home? Husband and I have been thinking about it for a long time. I am at Accenture TC : $145, husband at Survey Monkey TC : base $175 + RSU and bonus $60.

Would like to know pros and cons, salary packages for Manager and Director level position. I am a program manager and husband is in customer strategy.

We will prefer to move with a job.

Note : Have a kid and one on the way :)

#movetoindia #backtoindia #indiasalary

comments

Want to comment? LOG IN or SIGN UP
TOP 17 Comments
  • New
    UncleBoobs

    New

    UncleBoobs
    Let your kid be born in the Us then move this way he'll have a US citizenship.
    Our Indian citizenship is worthless.
    Aug 1, 2020 4
    • New
      UncleBoobs

      New

      UncleBoobs
      I'm Indian & I think it ha preety much more worth than Indian passport.
      Aug 2, 2020
    • OP
      That is the plan :) not because we see one better than the other honestly but because one kid is an American citizen already. We want to provide equal opportunities to both :)
      Aug 2, 2020
  • Amazon
    fangbaap

    Go to company page Amazon

    fangbaap
    I really happy that folks are thinking about move back. I have a strong belief that moment the kid acquires a US Citizenship and grows a taste for US culture, the whole lineage stops with the parents and there is no ctrl Z. I’d be guilty in the eyes of my ancestors. I have seen this happen to my relatives here who have nothing but tears when they watch their 21 year American daughter. Am sure this would invite brickbats of ‘TC is Life’ Blind folks. I congratulate OP on thinking early and wish her family reaches India with financial stability.
    Aug 1, 2020 1
    • OP
      Thank you for sharing your thoughts. I hear what you are saying but I know many families who lived here and their kids were born + raised in the US. I am amazed that bringing is the key. I know relatives in India as well who aren't able to control their kids.
      Aug 2, 2020
  • Salary varies widely across services and products .. a typical 10year experienced first level manager or equivalent (manager / staff ) would get anywhere between 15 lakhs per annum to 1 Cr per annum. The same companies that pay top $ in US pay top Rupees in India (read Google, LinkedIn, Amazon, Microsoft, Adobe, Salesforce, ServiceNow and so on). In the lower end of spectrum are the IT services companies (Wipro, Infosys, TCS, Accenture, IBM, Deloitte, Tech Mahindra, Mindtree, Cognizant, HCL Technologies etc). Similarly Director salary would vary from 40 lakhs per annum to 2 Cr per annum.

    It is far more difficult to get into top $ paying companies in India than the US.

    Money wise, best would be to get into any of the top paying companies in US and take an internal transfer to India. You get approximately double the joining RSUs in US compared to India and the best part is that you can keep them during transfer. That way atleast for the first couple of years after transfer you would get more total compensation compared to your peers and even your managers.
    Aug 1, 2020 3
    • VMware
      Mr.Dabada

      Go to company page VMware

      Mr.Dabada
      Trying to understand, do you think the base salary is affected because you are getting the stocks out of band already?

      Let’s say a base band is 40-60L, and RSUs band would have been 40-60L too, but then you are getting 1cr stocks. Would that put you into keeping your base close to 40L instead? I know TC is still much higher even then, but just for base
      Aug 26, 2020
    • Base salary is affected because the local compensation teams (in HR) are revising the pay bands at an average of 15% Y-o-Y. You can see it mostly in the salaries of engineers upto 10 years experience. That's primarily to compete for talent. Most companies (except Amazon) have this concept of x% base & bonus and (100-x)% stocks at the time of issuing - the stock appreciation is for the employees to keep. The percentage of base is more at junior titles and keep reducing with experience.
      Aug 26, 2020
  • Google
    grossjeans

    Go to company page Google

    grossjeans
    Your family situation makes me think such a move is at least a couple years away.
    Aug 1, 2020 1
  • There is youtube channel and facebook group called ReturnToIndia that documents and interviews a lot of the returnees. Look it up
    Aug 2, 2020 1