Is it applicable only to i-banks? Not to other MNCs for example Pharma Giants? The ibanks pay very well coz its very cheap to get the work done if you compare to US as I worked with one in US. Tomorrow I will say my friend was selected as a CEO of fortune 500 company with 5 years experience. Why so many students try hard to get admission in IIT/IIM?
Who told you this? College/University/degree name makes impact in any company. Salary in any company varies depending on many factors which I have mentioned here Explain it your manager, why you think that you are worth more? what are your value adds?, etc If you decide to leave, do so amicably and professionally.
#AVERAGE SALARY IN INDIA FOR 9 YEARS EXPERIENCE PROFESSIONAL#
Promote yourself as a well-balanced professional who can contribute.Ĥ. When you negotiate, bring out not only your technical skills, but also bring out your soft skills. Let him or her realize that you are worth the extra.ģ. Impress your interviewr or prospective employer. Also, look for opportunities to grow within a company, acquire new skills, etc.Ģ. When negotiating, try to be reasonable, and know your value & market conditions. If you get multiple job offers, you will be in a better position to negotiate. In addition to what Jeanne had suggested, here are some tips:ġ. How do negotiate with the interviewer, please help me. You are telling me good numbers, today unfortulately some Large IT company offered me current salary + 45K In india paying 16-20lpa(40-50k USD including bonus) is literally nothing compared to the same work.Īshuthosh san wrote:Thanks for all for your replies. But now again the banks are giving good bonuses). there for 5-6 years exp one could get between 100- 120K base + bonus depending on the division and how much money that division makes (for techies it can reach 40-50% of base and in very rare cases 100% of base - well all numbers based on good old days - 2 years back. My friend got a hike in a very good i-bank and with 5 years of experience his package is 20Lpa.he joined there as a fresher at 6lpa. In product companies more than 'college' name the tech skill set matters more and there is a better level playing field in them. The package in investment bank varies widely depending on ones qualifications (B-tech colleges/NIT etc) and the skillset.And 13+bonus for a 6 year guy from one of those colleges is quite normal if he has good tech skillsets. Of course, they cannot be treated as a gospel and actual figures may vary.ĭid you and your friends did BTech from IIT + MBA finance from IIM or CFA ? Curiosity again. I quoted these figures based on what me and my ex-classmates/colleagues got offered in recent times. The numbers quoted here are not from any study analyis.