JumpyBurrito
JumpyBurrito
31mo

Help with realistic salary range!!!

I want to know the ideal and realistic salary range for a Person with below details:

  • 7 years of experience
  • Current designation Senior Product Manager
  • Experience in Banking & Fintech
  • B-Tech & MBA
  • Pass out from a Tier-3 kind of college
0-10 Lacs
10-20 Lacs
20-30 Lacs
30-40 Lacs
40-50 Lacs
50 Lacs +
639 votesexpired
31mo ago
SillyBiscuit
SillyBiscuit

Depends on the quality of experience. Could be anywhere from 30 - 60 Lakhs.

JumpyBurrito
JumpyBurrito

Fair point.

PrancingNarwhal
PrancingNarwhal

When 7 years of experience is seen as senior experience, no wonder there's so much delusion amongst the folks

JumpyBurrito
JumpyBurrito

This post is not to debate if 7 yoe is senior or not. No one claimed it is and no one denied it's not, very subjective. Think you didn't understood the question.

PrancingNarwhal
PrancingNarwhal

I'm very clear about what I wrote. I think this is actually the part of the problem where folks with 6-7 years of experience get a senior role, Senior product manager for the person here. And then their expectations of salaries are off-the-roof. One comment suggests anywhere between 30-60lpa. And when companies hire people with such inflated salaries, they're bound to go belly up because it's unsustainable. FYI, people from Product are the ones who actually face the firing squad first.

WigglyWalrus
WigglyWalrus

I think since it's been 7yrs+ since you graduated, tier should matter less. Make sure you are around the corner in CTC with other folks in an org (or similarly funded startups/ industry)

I'd say aim for 35/40 fixed + whatever's on top

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