An investor’s recent statement led to a controversy. Netizens had a lot to comment on.
Man says 25 LPA salary is ‘nothing’.
Image credits: Pexels
New Delhi: An investor took to social media to comment on salary packages. His post garnered several reactions from netizens.
Sourav Dutta, an investor, said that 25 LPA salary in today’s time is ‘nothing’. He also claimed that techies got paid more. “25 LPA salary in today’s age is nothing. Even a software engineer gets more than this. Are tech salaries distorting the market?” wrote Dutta on X.
Man says 25 LPA salary is ‘nothing’ in controversial post
His post went viral and sparked a discussion on social media. One asked, “Who are 3-5 year techies? I know many IT guys/girls, they earn 20-25 LPA after 10 years of experience. Maybe few startups offer such a high package to new guys but not big tech.”
Investor says 25 LPA is nothing.
Image credits: @Dutta_Souravd/X
Another stated, “Only 20 out of 1000 will get this pay. We need to consider more realistic average pay.” A third person wrote, “Few get it. Most don’t. Speaking from insights into TCS and Infosys. Disc- I was/am not associated with the above-mentioned companies.” One person stated, “Please share the companies that are offering this much of a package for 2-3 years of experienced candidate.”
A netizen commented, “Not common. Startups and US companies can afford to pay so much but not Indian MNCs. 20% could be earning 25L at 5 years of experience. The majority 80% still earn only up to 10L in 5 years.” Another wrote, “Not always. Depends on the company. The top 5 Indian IT service companies that we all know, have not been increasing Salaries like they used to. The examples you are quoting are either American companies or pure product-based companies. IT is the namesake and peer pressure adds up as well. But I do agree with you, In a city like Mumbai or Bangalore, 25L is barely enough for a family of 3 or 4.”
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