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What is associate starting salary at cognizant
Hey People, I need a help from you guys. I have an offer from Thoughtspot and Freshworks
YOE : 4.3 Y
Thoughtspot Offer : Fixed : 18 LPA Joining Bonus : 1 LPA Stocks : 14 LPA ( Vested for 4 years)
Freshworks Offer : Fixed : 22 LPA Joining Bonus : 2 LPA.
Can you please guide me which one will be good for long term career?
I am a full stack developer java, springboot, microservices, angular, oracle, inhouse cloud.
As a 602 with 12.6 YOE
Got 10 % mid year hike on a fine day unexpectedly which pushed my cctc to 29.2
We have 60k ceo bonus and 18% variable pay I am getting since last 4 years.
After checking lot of posts here it seems I am on low ctc here.
How much should I target next and which companies ?
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For Cali the salary is low. With 6 years under your belt , it’s time to move to a new place and negotiate the salary. If anything you can leverage and negotiate salary at the current place.
The problem is I only started with this company two months ago and my previous employer was paying me minimum wage (I worked for my previous employer for over five years) so when I went I accepted my new position I went from $35k to $53k so I thought that was great (until I started looking around more and realized Other people were getting paid a lot more than me ****i really felt gypped when my friend who just started working for an agency near me she had no experience in insurance nor is she licensed and she is getting paid more than me***
Also, my previous employer was a small agency and my new employer is a larger corporation and I feel that the workload I have is very intense and I really do feel like I am being underpaid for the amount of work I have. I’ll wait it out a little and see if they give me a raise sometime soon.
It’s definitely low for any management position and not to add your in CA. I just got a new position and it’s not even in management. Salary is $65k
With that being said it’s time to move to a new company or position, it’s the only way to significantly increase your salary.
Low. Also if you are in CA and exempt salaried, your min salary has to be 2x minimum wage at 40 hours a week which would put you at a minimum $62,400 salary. So your salary may be illegally low.
I currently have a very interesting situation with my work.
I just started with my new employment a little over two months ago and my previous employer was paying me really nothing lol (hourly and my income came to around $45k this also included commissions) I worked for my previous employer for over five years and he wasn’t giving me any significant raise so I decided it was time to move on (I should have done that a long time ago).
My new employer offered me $53k on salary (which I thought was great since I was being underpaid for so long) HOWEVER…. Two months into the job my new boss tells me he sold the company to a larger corp. and the new corp. switch to paying me hourly instead of the salary but the hourly came out to the same $53k (as long as I get my 37.5 hours per week in).
I just feel that since I technically have a “new new” boss they need to reevaluate my pay and consider the workload I have… especially since their personal lines department isnt really providing me any help with the work load until we fully transition with them. My office is primarily commercial agents and I am the ONLY personal lines agent at the office which mean I am taking care of all the new business, quoting, marketing,taking care of current account, processing endorsement, speaking to underwriters, etc….All by myself…. The book of business I work is around 1,400 clients. I never have a break. So I certainly feel very underpaid at this position.
Yeah sounds like that salary was probably acceptable for 6 years ago but not for today.
I would be careful biting the hand that feeds you. Please make sure you understand what you’re doing not only consider your salary but the level of job security and the benefits. I only make $50k but my company pays me $80/month in expenses, pension, and 100% 401k and free healthcare all while providing me with all the equipment that i need. They also keep me licensed in 51 states including DC. Everything adds up but do the calculations carefully.
I’m a claims adjuster in CA and my salary is $72k. Companies that operate in multiple states usually have salary ranges, which might differ for certain pay levels and state. But it’s usually higher for CA cause the cost of living is so much higher here. I would say the salary they’re compensating you is inadequate. You may need to reach out to HR or someone to ask them about this. Good luck!
I’m an Account Manager in Northern CA with 5 years of experience and make $82k (including ~4k annual bonus and ~2k gas stipend). Demand more, you’re worth it. Not adequate pay when inflation was nearly 8% in 2022
I’m not too familiar with career paths/salaries in personal lines as my experience is commercial property and casualty, but my feeling is that that commercial lines positions will earn more. I could be wrong. Regardless it does sound like you are underpaid.
I’m making 63k as an adjuster in Kansas. You’re definitely being underpaid especially for where you are. I have 8 years under my belt.
That’s what we pay our entry level analyst so it is low. If you’re working at a publicly held company it’s going to be difficult for them to give you the bond that is required. You might have to seek employment elsewhere if they’re not willing to give you at least a $20,000 bump in pay.
Yes very low. I have less than a year of claim experience and make a little over 50k in Oh
I believe that is low. I’m making a few thousand more and i’m not even licensed yet. The agency has been training me for free since 2020. I was hired at $35k though. So you have way more experience than me, and are licensed.