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| 1 minutes read

1 minutes read

Software Engineer Shares ‘How It Feels To Get 30 Lakhs Per Annum In India’

| Published on July 30, 2017

India has 1835 diverse career profiles but obviously, it depends on location, skills and many other factors to get a satisfying job and satisfying bank balance.

E-Commerce, Finance Sectors, Technology and IT Sectors and Startups have increased their marginal hiring a lot according to latest trends.

Every fresher coming to search for a job mostly gets paid among 4 to 5 lakhs per annum in India except NIT and IIT grads who generally get paid 7 to 8 lakhs per annum. Mostly salary is directly proportional to experience. The youth of today are very well acquainted with this word and everywhere you go out looking for a job they will ask for your experience. Sometimes this gets on nerves but that is the harsh truth, my friend!

Source

But again don’t misjudge this image as it depends on various sectors and skills of an employee.

For example, a Software Engineer fresher who gets a job in Infosys or Wipro will get a pay of 3 lakhs to 4 lakhs per annum and as years pass by that may get increased to 5 lakhs (minimum after 3 years). But a NIT or IIT grad getting a job in Amazon or Google gets a salary of almost 7 lakhs to 8 lakhs. According to market research, most software engineers leave their job after 20 years or shift career by 10 years. This trend has increased more by new startups ideas coming. But after almost 5 to 6 years of experience and with skills a person in India can get 25 lakhs to 30 lakhs per annum. But those people are just about 20% of the population.

One platform in India which now gives you better advice is none other than Quora. There are lots of inspiring and quirky stories we come through.

Question Asked In Quora

What does it feel like to earn Rs 25 lakhs (2.5 million INR) to 30 lakhs (3 million INR) per annum in India?

Let’s see how a Computer Engineer from an IIT who gets 30 lakhs per annum feels about his achievement. His answer has got 8.8k upvotes in Quora.

The Answer

I am a Computer Engineer from an IIT and I am currently making 30+ lakhs per annum. (Less than 4 years experience. Almost all is fixed. No bonus/variable component BS) and let me tell you:
It feels great & I am really proud of it!

Why? Maybe because I earn more than some of my peers?

No.

It feels great because I proved a point to someone who had made me feel the lowest I have ever felt, made me doubt my capabilities and said I was good for nothing! Interested to know the whole story? Read on. Apologies for the long post, but this is some serious shit!

How it started:

When I started off, my first company used to offer 8.5 lakhs per annum to IIT freshers. It was like a paid vacation, I was really happy because I was making enough to live a decent lifestyle and I had an awesome gang of friends.

But sometimes even in a chilled out company, 1 in 500 people get to report to someone who is a “not so good”. Unfortunately, I was one of them.

Everybody has good and bad days at work. Every time I made a mistake or couldn’t finish up something, I used to try harder the next time. I was making all possible efforts from my side to make the thing work. But my superior was like Jon Snow. He literally knew little or nothing about the code or the product.

Result?

All the blame used to come on the developers. The team was not at all helpful. It was getting difficult to survive. I felt suffocated. I felt helpless. I used to blame myself.

Then slowly I started realizing that something was wrong with the team and him, not me I tried communicating this to higher management, but as usual, they favored you know who. He was making my life hell. He was micromanaging. Sometimes he used to take hourly updates of my work. He used to call me in his office and literally tell me I write crap in the production bugs. Going to his cabin was like a torture. I felt harassed.

Implications:

I hit Rock Bottom, in terms of confidence, enthusiasm, and ability to learn and work both professionally and personally.
I reduced all social interactions and I reduced talking to my family.
I stopped talking to all my friends.
Hell, I was going through a depression. It got worse with each passing day. Everybody in the office knew he was troubling me. I had become a laughing stock for his set of “loyal” employees. (Boss’s yes-men).
The Turning Point:

My mom used to get really worried after hearing all this. One day, after another bad day at the office, I told her everything. She was in tears. Imagine how I felt! My mother was in pain because of me.

Why? Because I was letting someone else decide how I felt about myself because I was letting him decide how capable I was and I was letting someone who knew nothing about the product blame me for all the faults and misbehave with me.

After that call, I felt horrible. It was the worst I had ever felt! I remembered this line from a motivational dialog from the movie Rocky:

“Let me tell you something you already know. The world ain’t all sunshine and rainbows. It’s a very mean and nasty place and I don’t care how tough you are it will beat you to your knees and keep you there permanently if you let it. You, me, or nobody is gonna hit as hard as life. But it ain’t about how hard ya hit. It’s about how hard you can get hit and keep moving forward. How much you can take and keep moving forward. That’s how winning is done!”

― Sylvester Stallone, Rocky Balboa

The world will beat you to your knees and keep you there permanently if you let it! I was not going to let it. No more. That day I decided I would not let him worsen my life. I will change!

The Hard Working Phase:

I sat down, didn’t sleep the whole night and made a study plan. I needed to change my company after a couple of years. I had forgotten the interview syllabus. After that, I made a study schedule.

I studied for around 9 hours a day apart from office for around 2 months.
I prepared hard for technical interviews, watched lectures, read books, coded a lot of interview problems and worked extremely hard. I was cut off from all my friends/relatives/well wishers. My flatmates used to see me after one or two days. I was always in my room. I used to talk only to my mother.
I started giving interviews, failed, analyzed, prepared harder and kept trying again and again.
The little phase called happiness:

Finally, God had been kind and I had worked hard. Before long, I cracked something which I had dreamt of in my college days. I had cracked Goldman Sachs apart from 7 other companies. I negotiated an offer of way more than even double of what I used to get at my previous firm. This was the exact emotion I was going through:

I was soaring with the feeling of success. The day I received the offer letter, I took two boxes of sweets, one for my team and another for you know who. That day I probably felt the best I had ever felt. After all, I had made my point! And I made sure he knew my salary (I told it to one of his most loyal employees !)

I spent around a year at GS and shifted again when a wonderful career opportunity came across. They paid me around 30 lpa+ and that is what my current salary is.

I do not think it is a great achievement. I still study hard to learn the things I missed before. You have to keep learning and evolving to survive this industry. If you have the skills and knowledge, money is sure to follow. No matter what, in this world, there are people who are way better than you. Stay humble. Always!

Funny how life works, recently I came to know from a friend of a friend who takes some part time classes with You know who that Mr. You know who told him, there was a guy who moved from his firm to GS to a third company and is currently making 30+ lakhs per annum. He seemed upset about it as for him I was a useless resource who was good for nothing!

Oh boy, that was real happiness personified! That very moment, I felt like the kid in success kid meme.I had never before felt so satisfied, so contented in my life.

That was my little revenge. I was happy that I made the person because of whom my mom shed tears feel that way. Sorry for sounding all proud and mean there but I can’t help it. I don’t even feel bad about saying it!

It is rightly said – The best revenge is a massive success!

I wish this answer gets a million upvotes and somehow Mr. You know who gets to read this:

There you go – IN YOUR FACE!

PS:

I definitely was arrogant in this answer. Possibly the anger filled within was channeling out. I apologize again for being rude and mean. That is not how I am in person. Just that some people manage to bring out the best in you, and some the worst 🙂
I dedicate all of my little success to my charismatic mother. She has been my strength, my support system, my daily dose of motivation and someone who has always believed in me even when I was doubting myself.
This is all for you. I love you ma!

Edit 1:

I am simply amazed at the kind of warmth and response I received from my fellow Quorans. Frankly, I never expected my story could inspire so many. 3.5k upvotes within 12 hours are too much for me to handle! I am overwhelmed and extremely thankful to everyone for the love and support they have shown!Also, based on a lot of requests and after giving it a good amount of thought, I am finally removing my anonymity! 🙂

Edit 2:

Many of you have asked me how I prepared for the interviews. Hence I have compiled and updated a list of resources used during the preparation in this answer here:
Anonymous’ answer to What should I learn to get placed in Goldman Sachs and similar companies for nontechnical roles such as investment analysis, m& an analyst,etc.?
Please note I have not completed each and every thing mentioned in the answer above. But it is a good source of learning based on my research. Hope you find it useful. 🙂 Good Luck and Cheers!

Edit 3:

Unfortunately, this answer was marked for some image policy violations by Quora moderation and was locked. I did not know what to do and whom to contact and guess what, I asked and got help from none other than Virali Modi. I never thought she would have the time to help but she did. She helped me in the process of getting the answer unlocked.I must say she is an incredibly warm, considerate, sweet and down to earth person. It feels great to know her. Special thanks to you Virali 🙂

Source

Dedication and passion can work wonders!

https://www.youtube.com/watch?v=mk82j1jQw_8

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