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Joined Cibersites India Bangalore in Jan 2021 which is now htc global. There was no CTC revision with March 2022 salary, and so far, no news of CTC revision. I know employees working for over 24 months with no CTC revision. My question is are the appraisal formalities mere formalities? I'm unhappy about the pay structure. For a 65k PM CTC, I hardly get 52k in hand. With rising inflation, and no salary revisions, it's just going to be difficult. Tenured employees, please advise. 😥
Hi All,
Need suggestions here. Please help me out. I was interviewed with IBM and got selected. Waiting for offer letter. Meanwhile got selected in another company and got offer too. Put down my ppr. Offer from another company is way beyond than IBM almost 22% more in terms of fixed. Now I’m confused that once IBM releases their offer then should I ask them to match with my holding or not ? Will they consider for negotiations? What’s your thoughts? IBM
Hi All!
I am currently a Senior Software Engineer(Backend) with 4 YOE. My current CTC is 21LPA (All Fixed) with additional Yearly bonus. I got a call from Google (Pune/Bangalore/ Remote) for Software Engineer - Backend. I have the following doubts but any insights are welcome -
1. Does the lower designation offered make any difference?
2. Kinda ambiguous, but what kind of hike or ballpark pay can I expect?
3. Any similar interviews experiences or focus areas I should prepare for?
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From my brain- getting paid well is a privilege. (I also think I get paid pretty well for writing dumb jingles and stuff)
A lot of rich people replying here... $115k for one person is SO much. I don’t count poor budgeting as a “struggle.” Maybe we need different words here to delineate between the struggle of being responsible versus the struggle to put food on the table.
*Subsided housing from the city, not state
Guess you can see it here too.
Capitalism is a hell of a drug.
Is it privilege or they just get paid more?
This.
Chief
I meaaaan, it showcases a privileged childhood if you don’t realize that’s a lot of money and far from struggling
$2.5k/month, or $30k/year, is the rent you stated. I’m saying it’s too high. I don’t know what city you live in, but there are plenty of places in NYC and its suburbs where you can get a multi-bedroom home for much less than that.
Do you have kids? Live in nyc or other big city? 115 ain’t gonna get you too far
Not going far at all.
115k CAN be a struggle, if you don’t know how to budget. I’d rather knock on that than the figure itself
TRUE! It’s enough to do what you need - not necessarily everything you want.
Taxes bruh
Debt bruh
115k is not a lot of money in a big city. Thats a Senior Copywriter, and having enough to rent a one bedroom, no car payment, and be comfortable.
I get what you’re saying, but it’s very possible to struggle hard even at $200K above. You don’t know if that struggle is due to poor budgeting, or needing to support children, parents, and extended family. and in NYC, $110K sounds very low for a consultant.
Poor budgeting is, put another way, being irresponsible. That’s fixable. Not easy, but fixable. It’s a complete farse to suggest that 100k+ isn’t enough to survive on. Budgeting is about prioritizing, pure and simple, based on income available. If you have more going out than coming in, you have to prioritize differently in order to survive. Supporting extended family? Ok, to make that work, you probably have to live closer to the bone yourself. It doesn’t mean 115K is unlivable, it means you’ve got different responsibilities and therefore have to make different decisions.
From the few consultants I know personally, I wouldn't call 115 privileged for what they do. Those dudes grind.
Chief
Construction workers can make BANK! But then again consultants still come out on top bc they aren’t at risk of getting beaned off a 12 story building with an I-beam or run over by a backhoe or blowing out their backs by 34
Define struggling
*laughs in $65k*
I get it. But for real, you’ll see when you get there. You’re at a whole other stage in your life and career when u get to $115. I only topped off at 45k as a Junior and I felt like I had more money that any time in my life, because i had almost no fixed costs. All i had was a student loan, and I lived with roommates. And we went to the bar a lot because I was 26. But guarantee when u break 100, you’ll ditch those roommates, and as you become independent all your expenses fill in.
And if you ever decide to start a family. Another income really helps to live comfortably.