What would you prefer: 1. Software Engineer with 5LPA 2. Senior Software Engineer with 4.8LPA Does position or grade really matter in IT industry?

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1 because as per your work they can promote you n your CTC will too get increase there But in 2 option they will expect you to work as per senior position that too in less CTC So when u switch to other company they will also judge you that in this much CTC u r working as senior position.

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Title matters a lot. 2 years down the line if you move to another company, you’ll likely be earning much more, and the career progression will be much faster having a Senior SE title in the first place.

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Apart from the title, also consider the scope of both the roles and the company. Is option 2, adding only 'Senior' in the title without any increase in complexity of work? Then it won't help much, but if you will get to work on more complex projects and have more exposure then it may be worth considering.

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That 20k is nothing. Take the better title and move out in a year or so. That’s severely underpaid.

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When I say nothing, I meant that it won’t go a long way anyhow. A better title opens better doors in the future.

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