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Hi fishes,
I am planning a switch so was going through some salary data for a software engineer. My ex-senior manager recommended me a website: Growceed.com which helped me a lot in getting clarification about a lot of things but I am in doubt whether the average salaries of software engineer mentioned on Growceed.com really that much in top MNC companies.
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Hi, any idea about WFO,?
Hi,
My last working day was 11th Nov and I submitted my asset to TCS location and got the Initial release letter as well. Later on 17th or 18th of Nov, I got a message from TCS that they have sent the Packing material through Vendor, please accept it.
I didn't accept the material and cancelled it when the delivery boy came to my location.
So, is it going to create any problem in getting reliving letter? Share your thought please
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What is the real deal across MBB, Tier 2, Big4?
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OP, where do you work?
pure comp wise it’s hard to beat consulting, but it comes with a lot of caveats and tradeoffs.
Caveats are that it’s difficult to make it to partner and stay there, a lot of additional nontechnical skills are required, and it’s also possible to make 7 figures elsewhere, like FAANG. Tradeoffs include long hours, high pressure, politics at senior manager levels, and often the work itself is less deeply technical compared to the leading engineering companies.
I’m currently at 170k as a new hire out of masters. After 4 years I’ll be at 300k +- 30k as a Lead DS assuming I don’t get counseled out before then 😅 ofc this is all peanuts compared to MDP pay, but few survive the 10 year journey to get there
I think the case is fairly clear given that at Google for example, most SWEs are expected to plateau at L5, and each level beyond that is an order of magnitude harder than the last. There are, what, a couple hundred principal engineers at Google out of 30000? Meanwhile we elect probably a hundred MDPs a year
The flip side of up or out is that promotion schedules are brisker, and there are more open spots above you (also a function of consistent revenue growth over the years). I’ve seen estimates that 5% of entering consultants, in raw numbers, make it all the way to equity partnership. That’s with voluntary attrition factored in, and I believe it’s already higher than the chances of making it to director level in top tech. Add to it the fact that in normal times, most of the people leaving leave of their own accord, so the chances for someone motivated to stick around are substantially higher than the raw percentage suggests.
You're doing fine.
MBB may make that for that YOE but most won't and certainly not forever given attrition. The promise of upward mobility beyond that comes with that attrition. Why bother with that when you can make the same at a legit tech company without involuntary attrition and crazy hours, as opposed to real science expertise, are built in as a core business objective?
I think you're coming to the point where it's tough to go further but really, it's tough everywhere. You'd make it harder for yourself as a consultant.
If you think you'd like engineering I'd suggest building knowledge there. Engineering + science is a valuable combination. That's literally the mle field. If you prefer to not focus on sme knowledge but you like bd or people management, I suggest you try for management.
Yeah that will be a 25-50k haircut in TC for 2 years