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Shall we hope for market adjustment in salary?
I got in placed in Fidelity Investment Grade 4 Software Engineering. 3.8 YOE for 13.5 fixed and total CTC 16LPA and Joining bonus 1L
Is this salary upto mark standards for 3.8 YOR
I’m bit concerned about
1. Kind of technology I will get to work on. What kind of technologies used in workplace investment team ?
2. Is there any short term or long term onshore opportunities?
Fidelity Investments
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Additional Posts in Compensation
Mega fund PE VP salary? All in?
The salary ranges in these roles are pretty fixed, in the sense that your YOE might place you higher in that range, but not above from what I know.
Anecdotally, coming from someone in Europe, I think 425 all in is a little on the high end of what you could expect, but I think possible
Which region?
NYC
YOE doesn’t really matter. It’s all about level in the firm (which can be related to YOE) and performance. $425 TC is possible for a high performing Principal/ AP but not for a PL / EM in the US.
Are you coming from a Big 4 background? In terms of where they fall in the hierarchy within the firm a Principal / AP at MBB is similar to a Big 4 SM. PL/EM would be similar in the firm hierarchy to Manager in Big 4. But much better $$$ and faster progression at MBB