PerkyPancake
PerkyPancake
26mo

Is this compensation fair?

I recently received, offer of 11LPA from deloitte usi. For Data Engineering Consultant. My current fixed at TCS is around 3.85LPA. Should ai aim for higher? I plan to switch in 1.5 - 2 years Any input would be helpful

Deloitte

Deloitte

Software Engineering

SDE 2Delhi NCR3 YoE
11.0 L / yr
11.0 Lfixed +
0.0 Lvariable +
0.0 Lstock
26mo ago
SnoozySushi
SnoozySushi

Average SDE-2 salaries normally start from 22- 25 lacs minimum(also depends on companies). Your company is looking at your previous salary to offer a compensation which is wrong.
You can join at this salary and switch after 6 months, that way the next company will offer you based on 11 lacs.

PerkyPancake
PerkyPancake

I plan to stay atleast for an year to avoid being viewed as job hopper. Also I am aiming for Brand for stronger protfolio. Thank you for your advice. I will try to get atleast around 20LPA by 4yoe

SnoozySushi
SnoozySushi

You're lowballing yourself. I did the same mistake, now I'm regretting when I see my peers' salary.
With 4 yoe, ask for 30 lpa minimum. Make sure you've the skills.

SparklyPanda
SparklyPanda
26mo

To be frank, this might be a bit less. However, taking into account your current CTC is very low for 3 years, you should join at 11lpa.

Make a switch within an year. Aim for 20+lpa for 4 years and 25+lpa for 5 years. This is my personal view. Others may have different experience. Research well.

PerkyPancake
PerkyPancake

Thank you for the advice. I agree this quite less than market standard and should have aimed for around 16-18 LPA nonetheless.

SparklyPanda
SparklyPanda
26mo

True, but it's difficult to negotiate with what you have on paper today. So don't feel bad about it. We've all been there.

ZestyDonut
ZestyDonut

Hey @DustyStar , you have done great. Its a very good jump.

PerkyPancake
PerkyPancake

Thanks alot, any advice for me?

ZestyDonut
ZestyDonut

Get the experience you need and move out in 1 or 1.5 year. Nothing else. Have faith on your decisions

ZoomyLlama
ZoomyLlama
26mo

Aim higher. In data science / engineering domain this would be campus fresher salary in most Deloitte like companies

PerkyPancake
PerkyPancake

I wish i could ask them the quote without risk of getting rejected

JumpyBiscuit
JumpyBiscuit

I'm not in Software Dev. So I'm not sure what the remuneration should be as per your experience.

But the jump looks really good to me.

I can only get that sort of jump in my wet dreams 😅

PerkyPancake
PerkyPancake

Thank you 😊

CosmicMochi
CosmicMochi

Join , it is decent for you
You can hop off later after joining

PerkyPancake
PerkyPancake

Please ignore the spelling and grammatical mistakes.

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