DerpyDonut
DerpyDonut

Are Web3 Remote Devs underpaid in India?

I work at a Web3 company, with an in-hand of $85K annually, but I feel my coworkers earn way more. I am a fresher out of college, but I've been dabbling with Web2 for 4 years, and Web3 for 2 years. Just wanted to know if the salary is unjustified or not.

22mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
Round 1 by Grapevine
PeppyRaccoon
PeppyRaccoon
Vercel22mo

Why do you expect to be paid 6 figure $ salary sitting in India with only 0 YOE?

DerpyDonut
DerpyDonut

As I said, I might be fresh out of college but I've atleast 4 years of Web2 and 2 years of Web3 experience

PeppyRaccoon
PeppyRaccoon
Vercel22mo

Have you worked professionally as an FTE for an established org for those years? If yes, then underpaid, otherwise no.

DerpyPancake
DerpyPancake

I'm a lawyer, I work in the Web 3 industry

@RationalIndian is absolutely right

But also, in general, remote companies tend to "underpay" Indian and Asian employees in general, especially as compared to their European or American counterparts cause, obviously, cost of living difference

Also, also, can I send you my profile, I think your company should have a legal person on retainer :3

DerpyPancake
DerpyPancake

You're essentially getting 70 LPA, I think, in the Indian market, it puts you way way way above "underpaid"

DizzyLlama
DizzyLlama
Atlys22mo

Well aren't you smart, looking for an opportunity😂😅

GoofyDonut
GoofyDonut

Definitely underpaid, you should be getting 100M shibs /s

DerpyDonut
DerpyDonut

Haha ;-;

DizzyBurrito
DizzyBurrito

this question like most others on grapevine is either a flex or a larp

ZippyMochi
ZippyMochi

Really depends on the role and responsibilities tbh. Also what the company does.

DerpyDonut
DerpyDonut

Mostly token-gating and DAO governance and management solutions. And yeah, I'm a software engineer there

ZippyMochi
ZippyMochi

That's a pretty niche area, it's possible the company itself isn't making a lot of money in the first place.

And you're still making better than the average web2 developer according to your experience if I'm not wrong.

FuzzyCupcake
FuzzyCupcake

Isn't web 2-3-4-5-7-8-9 all dead ?

ZippyNugget
ZippyNugget

All quick money schemes died, solid foundations still surviving and bear markets are not new for these folks

BouncyNugget
BouncyNugget

How do they pay these grifters a lot of money then?

SqueakyMarshmallow
SqueakyMarshmallow

Bro, is that a joke? You’re being paid very well

DizzyBagel
DizzyBagel

I have seen folks in polygon draw upto half a million with lesser experience :p

ZippyNugget
ZippyNugget

Did you consider purchase power parity when trying to compare your “underpaid” salary numbers with your fellows living in the west.

PerkyBagel
PerkyBagel
IBM22mo

@sudo_whoami I really want to get into web 3 bt have no idea where to start.. any leads will be appreciated?

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