I'm not an IITian, from a tier-2 college. JP Morgan india offered 12base + 2 joining bonus for non-IITians for SWE role. For the same role they offered 18 base + 3 joining bonus for IITians. Why this pay gap? Do more companies do this? I've heard FAANG companies don't have pay gap like this... What do I do? #engineering #software #swe #iit YOE: 0
coz jp morgan sucks
How is the work life balance in tech?
too bad. don’t join. people here are the worst.
Have never worked in JPM but talking to others in the industry I think tech has better WLB. However, OP you are a new grad. Focus on learning more than WLB.
Its very common with every company in india.
Are kids still focusing on "Tier" as a metric in India? It's time to grow up from that mentality and show your worth to an employer. HR sucks, and treat them that way. Get your competing offers and say "fuck you" to offers that "expire". All they're trying to do is get you to do the same work for less. But to have this attitude, you gotta back it up with skills. LeetCode is only a stopgap to fake your way partially. The real deal is personal projects & implementation of cutting edge research into usable tech.
can you please tell wdym by implementation of cutting edge research into usable tech
One example that comes to mind is that it is completely acceptable IMO to have a side project, which all it does is repeat the work of a research paper, in the case of new and upcoming ML models or RL techniques, using existing datasets.
Actually, this pay gap is common and happens across many non - faang companies for people who join directly from university recruitment program in India. For people who are from tier 1, top tier 2 institutes and people with good competitive programming experience, they are offered L2 or its comparable level. For all others, they are offered associate roles (L1 or comparable level).
The reason why this happens is because faang companies visit top tier institutes and offer them great compensation. For non-faang companies to attract such talents, they are forced to offer equal or higher compensation. They do this by up-leveling such candidates. If Faang were to recruit from every university in India (unlikely), we wouldn't have this problem.
Yes, this is very common at-least during fresher's hiring. IIT will have a different package. However, the offer what you have got is way above average from an Indian Engineering new graduate perspective. Concentrate on learning/acquiring skills and move out, if you are not happy with the pay. Don't get into TC comparison, in your initial years.
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Beggars can’t be choosers. If you can’t find a different job, just take it
You're right. I did a mistake not taking any interviews after I got the offer. TBH I was not allowed to sit for interviews after I got this offer and off campus is limited as I'm from tier 2. Gonna leetcode hard so that I can switch within 2 years.
2 Years are too much. 1 year is more than enough. Folks switch to Amazon in 3-4 months as well.