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Around 1.5 to 2 crore pa . I keep the parity ratio as 3 between India and USA
This is what I should target making to maintain the same lifestyle or is this what the salary looks like in reality?
Yes around same I am talking from Bangalore point of view . For 1 crore u can get a amazing life style . I have a friend who get 6 lak after tax on hand and his sal is 1 crore . So this is his break up . He has a car driver so that he don’t get frustrated in traffic he pays 30 k and he has cook who stays and cook he pays 30 K and maid for 30k . Kids schooling 25 k- 30 k in best private school . Emi or rent 1 lak for an amazing house and other expenses like 50 k including groceries . He is left with 3 lak even after having this lavish life.
Following... commenting for reach
Another damn LinkedIn style "commenting for reach" warrior eh?
Yes
1.2 cr
Does any company pay that much in India?
Yes a lot of product company does.
At what levels?
I might be wrong here but let me give a try. A decent house in Bay Area would cost you ~2 million. Similar house(not same size) in Bangalore would cost 3crores. So 80-90 lacs per annum would be a comparable figure, as in India we’ve other expenses like school fees, and few things are expensive in India...like, cars, fuel, flight services etc. I’m not considering cheap 40-50 lacs, 900 sft flats far from IT corridors. And Bombay would be much more expensive, than bangalore!
Eek, forget Bombay, with 3cr you can probably afford something decent in New Bombay 😂
$500k is like almost $250 per hour, assuming your household works 40hrs per week. A good meal for a family of 3 in a good restaurant in the bay area would cost $100 i.e. 0.4 times your hourly wages. A similar meal in a similar restaurant in Mumbai will cost almost the same. The kind of house you can buy for $1M in the bay area, will cost the same (or maybe even more) in a good location in Mumbai. The same car which you can buy for $50k in the bay area, you will have to spend $75k in Mumbai. So to maintain the same lifestyle, you would have to have the same salary. But, but... healthcare is dirt cheap. Many families don’t even feel the need to have a medical insurance. You are a nobody in the bay area with that salary, but a king in India even if you earn 1/4th of that. You get cheap domestic helps, your life is way safer on the streets. To sum it all up, you can never match the same quality if life, neither can you get a salary in the similar band. But life would definitely become a hell lot easier and stress-free. What salary would make me move to Mumbai? Maybe 1/3rd of that. And even 1/4th of that if its Bangalore.
Indian lifestyle is full of stress- corruption, pollution, chances of communal violence, rapes, rowdism. I agree lifestyle will be easier in india but not stress free.
K3gham stop watching sold out media like ndtv or republic. You will be alright in few weeks. Btw, India has been like this for decades. And how many of those did you face in daily life?
Nothing like it. Depends on your skills and experience. There are no jobs offered to households. If you are asking what should be your household TC in India to make you move to India, only you would know that. If you are a swe with 10+ yoe 1cr TC should be your target. If you spouse earns similarly then your target household TC in India would be 2cr. But your skills may not hold water in India. They need more leaders directors and VPs in India. If you can't manage large teams getting that TC as swe will be tough.
Linkedin pays well to their staff engineers
That's equal to 3.7 Crore . Keeping PPP in mind, it would be around 1.2 Cr a year. No one will pay you that much in India, as they can get Indians to work for them for much cheaper.
Come on rubrik itself pay that tv
Firstly get your credentials straight if you want a comparable salary equivalent to $500k in India. So if you want to earn 1-2 Crores Per annum in India that is usually a C Level salary bracket. So I hope you have at least 20 years of experience out of which 25 years is at C Level(which is what the dumb recruiters will look for) and if you fill that criteria, you will need a management degree even if you apply for an engineer manager position because you can't manage your team on experience alone. You need to have an MBA from any Tom Dick and Harry University and Viola you can be a Manager. So let's assume you have that management degree now the recruiter will ask you if it's from a reputed college. If you say XYZ college and the other applicant has MBA from Harvard Online University but he mentions Harvard University and forgets the online part you are rejected because well yours is a no name University and we value brand names more than experience and talent. After all this if you have made it so far and given the interview came out with flying colors,just hope that the other person who interviewed was not the interviewers cousin, bil or sisters best friends husband or somewhere whose father is a politician, or actor or some big shot. That's how you lose a job for a C Level in India. Also if you stay in a company for 20 years to deserve that title, best of luck coz if you didn't lick enough boots to reach up that's what will decide your worth
Wrong at so many levels. In fangs a senior management position will easily fetch you 1-2 crores. FYI ubers sr product manager earns around 1.3 crores in india and no he does not have an MBA from a top univ.
Stop giving false hopes. I might just quit and come back. I have 3 Yoe of Team lead exp and total 8 YOE in US. When I applied to one of the FAANGs in India, the recruiter sent an email saying you don't qualify because we want an MBA candidate
Can’t you just google it
Can’t you just mind your own business
Hate it when people say can’t you just google it.