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I saw Ola’s Bhavish tweet about tech talent shortage and the thread. It looks like tech salaries in India are skyrocketing and Indian startups are having difficulty in hiring. Can anyone provide some salary insights? Planning to move back to India
Not much. Or I have not heard much. He is basically raising in USD and crying over INR Leetcode and levels fyi are not reporting massive jumps
To 2001 dollar per year in avg from 2000? LOL
Skyrocketing is relative, compared to us salaries, itll still be lower due up col
Salaries are generally on high trend but I won't say skyrocketing. This is just cry of all startups where they raise shit ton of money but do not want to pay fairly to employees. Also they want top tier employees as their hiring bar is good but are not ready to pay.
Got it
That was a stupid attempt to gain some followers and likes on LI too. Even with inflated TC’s in India, still US salaries are atleast 3x. Ola will be bankrupt before Bhavish completes his morning ride if they start outsourcing to SF.
Anyone paying $200k for mid level engineer?
At 4-6 yoe , the most stretched offer is around 100k
For top performers, i would say yes. I see 2 yoe earning 50 lpa and 10 yoe 1.5 cr. But its not a wide reality. But i agree median has moved up. Check levels fyi. Bhavish comment is a PR stunt. He is known for exploitative policies for the workforce and throwing verbal abuses to its middle/upper management. He copied Uber, failed. He is copying Tesla, you know what would happen. I do not take him seriously. His real problem is that he earned such a bad fame that the ex-ola people and the majority of the talent do not want to work with him even if he pays BAY's salary. There are many genuine entrepreneurs from BookMyShow, MMT, Zerodha, InMobi that i care and want to listen to.
Hi, which companies give 50L at 2yoe? Salesforce?!
Right on. They had working Saturdays and compulsory work from office this year. I think he doesn't realise no amount of money will help with these absurd policies
That post wasn't anything other than a PR stunt. So he means to say he would rather pay 250k usd in bay area than paying 50l in India? And apparently that 250k is low cost for him!
Inflated stocks contributing in TC . Specially with remote becoming the norm