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Indian startups scramble for tech talent as salaries rise across the board

2 pointsby shadeslayer_almost 4 years ago

1 comment

d3nj4lalmost 4 years ago
It&#x27;s been great. The scene is flush with money and companies are willing to go well beyond the &quot;standard&quot; 30% bump when you switch. I do disagree about the $70k figure for 2-3 years of experience - that&#x27;s nowhere near what I&#x27;ve seen for that range unless you&#x27;re talking about the literal top tier of talent. Eg. Swiggy - our version of Grubhub - has a median pay of INR 3.2mn for the SDE II level [1], which is where 2-3 years of exp will generally get you. 3.2mn is more like $40k. Don&#x27;t get me wrong - $40k&#x2F;y is <i>loads</i> of money in India, even in an expensive city - but it sure isn&#x27;t $70k. On that page you can see the broad salary band for comparable startups which are all in the same ballpark. Maybe there&#x27;s people out there earning that kind of money, but it&#x27;s certainly not the norm outside of sectors like Finance.<p>1: <a href="https:&#x2F;&#x2F;www.glassdoor.co.in&#x2F;Salary&#x2F;Swiggy-Software-Development-Engineer-II-Salaries-E952680_D_KO7,39.htm" rel="nofollow">https:&#x2F;&#x2F;www.glassdoor.co.in&#x2F;Salary&#x2F;Swiggy-Software-Developme...</a>