Hi Team,
Is it possible to get to 55lpa fixed ?
which companies can offer me same ?

CCTC : 22 fixed
Product Manager at IBM
YOE : 5 years exact


Open to suggestions for upskillling. What sort of action/activities can help me increase my salary.

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How/why did you come up with that number 55? 22 to 55 at 5YOE as a PM, probably only FAANG and EQUIVALENT but even they won't pay 55 FIXED for 5YOE SE, let alone a PM.

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Ofcourse an average SDE would be paid more than an average PM in tech. Just like Software Engineers/DataScientists are 'second class employees' at MBB firms.

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Lot of Organisation that Will pay you a number close to what you are looking at. Product management as a role is flourishing and if you are really good at your Job. It is possible. If not exactly 55, I think there are a lot of opportunities at 45-50.

Try Unicorns, Faang, even a lot startups in their 0-1 journey will be happy to provide you this.

If the only goal is to reach a number, say 55 LPA, (SOMETHING THAT I HIGHLY DISCOURAGE). Start of with applying for companies that have a budget of 40-45 and plan your job searching funnel in a way that you have multiple offers at the end of the search period which you can then use to pit offers against one another.

FYI, I have 6 years of total exp (4 in Product management), and I have offers for 50+Esops

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How did u manage to get multiple offers when i see the role is more domain centric. Were those roles from multiple different domain or from a specific domain. Also its seems the Brand or tag on resume like IIt, past top companies help a lot. Do you also have something like this?

I have 5 years exact experience. My current ctc is 25 lpa. I can’t imagine getting 55 lpa lol. My field doesn’t pay that much but i am trying to reach 40 lpa now

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5 yoe. 22lpa exact. You have barely passed your newbie leader role moving into slight middle management role maybe a multiple team manager perhaps. Now if you stick with your existing company it'll probably take a while longer until you have enough domain experience where you become let's say a region or account manager. But if you switch now if you can probably score 35-40lpa realistically for a good switch. For a worst switch maybe 25-30. But 55? You need to be bringing something that others at your yoe absolutely cannot give. So unless you have that confidence I would look at thi g's realistically and gain enough domain knowledge where you can takeover tasks of someone two roles above you and then go for a 60-70+ switch at a moderate sized firm loking for a senior leader with lets say 10 yrs of exp.

But yeah if you're one of the exceptional overachievers you might reach that point much earlier

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