New Delhi: Want a 25 lakh yearly salary? Then this could be the job for you. A job listing offering a 25 lakh yearly salary for a software developer with just one year of wits has gone viral on social media.
This social media post has parked debate over pay structures in India’s tech industry.
What is the content of the post?
The post details an SDE 1 role based in Bengaluru, lists a wiring salary of 25 lakh per annum, withal with ESOPs worth 20 lakh vested over four years. The successful candidate would moreover get a 10% performance bonus and relocation and will receive bonuses totalling 5 lakh. This brought the total bounty for the first year to virtually 35 lakh.
What are the perks?
The perks were plane increasingly attractivethan the very salary. The perks of the job post included gym, phone and WiFi snout reimbursements, a work-from-home setup wage of 21,000, a new phone every three years and 600 Zomato credits daily.
How did the job wilt viral?
The job ad was first shared on LinkedIn surpassing quickly making its way to X, where it grabbed eyeballs.
X user @mainbhiengineer shared the post with the caption: “At one side layoffs are happening and other side companies are offering such upper salaries for 1 year experience.”
“And the fun part is that same visitor would be paying lesser to 5-8yrs wits employee once working with them. Salary structure is completely wrenched in tech,” the X user added.
“This hurts considering people who stayed loyal and grew with the visitor finger invisible. New hires get market rates, old employees get yearly hikes,” wrote one X user.
“This is very much reality of current market, the thing is you need to understand which tech is hottest/has increasingly potential to get max money and you need to reap proficiency in it, then put wideness yourself to your current org your worth, if they don’t stipulate switch immediately,” flipside advised.
