Hi All,

I am currently working as a firmware engineer in Pune. I have 8.9 YOE. My current CTC is 27.70 LPA fixed. I wanted to understand if this is on par with the current market scenario. Am I paid fairly? Please help me understand

like
Posting as :
works at
You are currently posting as works at

Golden Ratio (GR) = Fixed Pay ÷ Years of Experience (YOE)

GR ≤ 2 → Underpaid (strongly consider switching)

GR ≤ 3 → Fair / Good

GR ≤ 4 → Great

GR ≤ 5 → Outstanding

GR ≤ 6 → Exceptional

GR ≤ 7 → Overpaid (consider resigning to balance the ecosystem 😄)

Educational Tier Adjustment:
Tier-1 graduate/post-graduate: Effective GR = GR − 2
Tier-2 graduate/post-graduate: Effective GR = GR − 1

like

Glad to know that I am not underpaid then.

like

Someone commented about golden ratio but I guess deleted it later.

Related Posts

Hello!
I’ve been working as a RPA developer for 4 years. I joined a program that trained me in this role as a opportunity to start a career when my initial plan fell through. I’ve don’t pretty good so far…given multiple roles, pay increases etc. Honestly I don’t enjoy my job anymore and would like to make a change. I want to transition to a tech Product Owner/Manager role. Any advice on how to transition ?

like

I am qualified CA with 5 years of experience ( IND AS , Books Closures) looking for referral in finance Accenture" class="linkified" target="_blank" rel="nofollow" >domain.Accenture @DXC Technology Tata Consultancy Cognizant IBM @oracle @wellsfargo@northerntrust

like

30th birthday present watch accessory ideas.

A lot of knowledge on here so asking for some help. It’s my partner’s birthday and I’ve no idea what to buy him. He’s a watch fanatic - Pateks (sports and dress), Audemars (sports and dress), Rolex (sports), Omega (sports).

I’m obviously not buying him a watch for his birthday (in his dreams!) but any idea for some good accessories? He’s already got a PP watch winder, and has bought multiple nice straps for the dress watches. I’m completely lost.

like

Hi Folks,
Can anyone tell me like overview on working in UST Blueconch.
I have got an offer for UST Blueconch for Pune location. Want to understand the wlb, job security work environment etc.
Thanks in advance!!

What's the CTC range of manager role in Deloitte India? YoE is 9 years.

like

Has anyone moved to ireland or visited for a long period of time. A role is opening up there and I have the potential to move. What are some things that I should consider. Currently live in SF, CA

like

Hello everyone! I am a Senior Technical recruiter with a little over 8 years of experience.

I would love to know if anyone is hiring any Recruiting Lead, Recruiting Manager, Talent Acquisition Manager/ Director level roles that I may qualify for.

I am trying to get into a level of leadership that way I can be able to make a difference and to be impactful.

I lead with DE&I, compassion, empathy and initiative in everything I do. I know I can be an effective leader.

Thank you!@@

like

Do all firms share utilization reports for all staff with everyone? I feel like it’s awful for our company culture to share everyone’s stats office-wide. Just breeds anger and bad vibes all around.

likehelpful

I did one interview yesterday with flipkart but still they didn't invited me for second interview.
What shall I assume about my result ?
Meanwhile I got interview call from CSS Corp , shall I start attending other interviews?

like

Hii fishes
I had applied for consultant role in Societe generale. The application status is under status "Under Consideration".If you could please help me out as there has been no update and it is going to be 1 month since I applied.

Does TCS offer stock as part of bonus ?
Can employees (associates) purchase TCS stock?

like

What is average Hike % in Nielsen? and in which Quarter they will be rolling it out?

like

Has anyone heard of Sandbox industries and can share any insights?

like

Ever see your rejected ideas win Grand Prix by other creatives? Seen it more than twice?

like

Anyone from Havas London here? If so, what are your biggest dislikes about the agency?

like

Has anybody recently joined PwC India ? Is the onboarding process virtual and will they allow WFH?



PwC

like

What is the best consultancy for Media and Entertainment work? Considering a move…

like

Additional Posts in Salary slab IT industry(India)

like

Hi Fishes,

I am a software specialist having 8+ yoe, currently working at Mastek with a CTC of 17lpa. Can anyone help me with the current market CTC considering the below:
Current Role: Tech Lead
Tech Stack: Full Stack in Java, Springboot, Angular, Mobility, AWS beginner.
Your responses will be much appreciated.

like

Hi All

YOE:6.8
DanskeIT (27.5LPA= 24.7Fixed+2.7Variable) vs Value Labs(26LPA fix)which is better?
Technology Dotnet+Azure

Please suggest. Work life balance and project wise which is good?

like

What will be in hand?
Please help

Post Photo
like

Hi People,
Please give me a rough estimate on how much hike we can expect in my annual salary revision. I expected 8LPA when I joined. They gave me 5LPA with a promise of revision in 3months after joining. They inc it to 7.75LPA after 4m and during appraisal cycle gave 25k 11months to make it to 8LPA. In Oct my hike is due, so I would to like negotiate my hike. Please let me know how much I can ask for.

Hi All,

do you have any idea about 3Analytics?

like

today my joining in Hexaware Technologies but still they not send revised offer and onboarding mail

they told today will sent

what should i do now?

like

Whats the salary range for Senior SDET with skills of Python, javascript, jenkins, git, docker, aws

What should be average salary for Scrum master 3years exp and overall 7 years exp?

like

Hi Folks,

Any idea how much a Fresher would be paid in Finance dept in @TechMahindra Please share details

like

Is anyone working with OpenText Bangalore. How is the WLB, job security and general culture. Is it a good organization to join for a 9 YOE guy?

like

Hi Fishes,
I got my Tata Consultancy offer letter 9.50 LPA two months ago, with that I put down my papers in CTS, now the problem is I got two good Offers Uplers - 14 LPA and Larsen & Toubro Infotech -13 LPA
can i ask TCS to match this offer, if so how can i ask them?
My joining date is 19Sep

Y.O.E -3.6 Yrs
TECH-STACK: react js , frond end developer

like

Hello Everyone. I just wanted to ask what's the salary of a 4.5 years experience developer in Siemens technology and services. I just want to if i am underpaid or not.please help me out

like

How much should one get for 6+years of experience?

like

I have 8 years of experience in Teradata; 4 years of experience in UNIX; 2 years of experience in VBA; 1 tool patented; Total 8.4 years of IT exp. What should be my current salary?

like

Can someone comfirm the salary slab for
Critical Incident manager plus problem and change management responsibilities.
I am trying to retain in my current org

YOE :4.8
Offer in hand 13 lpa
Thanks

like

Hi Fishes, Need your help.

I am an ETL Developer with 3 years of experience with Informatica powecenter & an overall IT experience of around 6 years(rest is support experience).

I am looking to make a Switch to another company as an ETL/BI Developer.

How much should I ask the recruiter, when they ask my Salary expectation (Current salary is around 9lpa)

like

Hi Fishes,

I am going to start as a Big data Developer. I have an experience of 3 years in non-IT MNCs and current CTC is 5 lpa for me. What is the salary I should expect as my earlier experience is not relevant to the field. Please help.

like

Which comapny would be better to join. American Express or Expedia
YOE- 3
fixed sal- 19 lpa
Tech stack- data engineer

@American Express
@expedia

like

can anyone help me with standard package for Customer success manager/ key account manager salary. I have 2 years of experience. Need to know what can I expect for this role.

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal