The Tomorrow Beckons

This blog has little bit of everything...

Saturday, August 19, 2017

How Much Do Amazon Flipkart Software Engineers Earn In India After 4-5 Years?

I first posted this as an answer on Quora, here is the link How-much-do-Amazon-Flipkart-software-engineers-earn-in-India-after-4-5-years. I am posting it here for the benefit of those who have not read it on Quora ...


First hand information received from someone working at Amazon India:
Fresher's 12 lakhs fixed + 3 lakhs stocks and 3 lakhs joining bonus
Senior SDE 22 lakhs fixed
SDE -iii 35 lakhs fixed + stocks
And so on an so forth each level has 10 lakhs delta
So principle SDEs get fixed of 60 lakhs + stocks
In addition here are some numbers from Glassdoor. This is not exactly for 4–5 years of experience but in general the various levels mentioned will give you a good idea.
Amazon
And
Flipkart

I hope this helps. I also know someone with 2+ years of experience and a MS from US who was offered $125K per annum from Amazon at Seattle. So yeah if you are trying to compare your salary of a service based software/ IT company to that of a product based software company then you know the answer now.
If you are looking for some tips on salary negotiation, read 5 Secrets Of Salary Negotiations

Monday, May 15, 2017

Focus On Your Next Career Move Not On Your Next Salary Hike


Most software professionals focus on the next salary hike they can get from a potential job switch or from an upcoming appraisal cycle. Due to this mindset of moving from one salary increment to another they miss the point of focusing on their career progression. There are other challenges as well. The software engineer title appears to be misleading at times. All that glitters is not gold, here are some bitter truths about Software Engineers:
  1. The job title may be Software engineer but you may not engineer any software at all.
  2. Some software engineers don’t write any code they just solve support tickets.
  3. Some software engineers don’t know what to do after they have become so called “Senior software engineer”.
  4. Some don’t realize that they need to reskill and upskill to become a “Lead or a manager”. They just want to become one without putting any effort.
  5. Some of them use this logic for getting salary increment per year: Salary should be more than or equal to the total number of years of experience. That is, if I have 11 years of experience then I should get 11 Lakhs per annum. Huge misconception.
  6. When there is a lay off situation most folks tend to blame the company and not look within themselves for areas of improvement.

Before we make an attempt to find a root cause or a solution to this situation of software engineers let us take a look at the history:
Offshoring of IT business started to grow in the late 1980s and 1990s. A lot of professionals from other industry/ domains jumped into software industry by learning Cobol and DB2, those were the days of mainframe computing. Few of them got a jolt in the layoffs of 2001–2002 when the dot com bubble burst occured. Some of them reskilled and survived, others went back to their original industry.
Few years later with the surge in ERP software a lot of professionals with experience in finance, manufacturing, retail etc. switched career into sofware industry by learning packaged software like Oracle Apps and SAP.
But now when the IT industry is 30+ years old a lot of IT professionals get stuck in their careers because they are challenged and pushed by a much brighter younger generation(who can provide the same service at a lower cost).
Imagine a 12 year experienced professional with above average software development and design skills but with no inclination towards people, process and project management. A software engineer with 6 to 8 years of experience can deliver the same work and output as compared to a 12 years of experienced professional. For the employer it makes business sense to get the work done by professional with 6 to 8 years of experience and hence the professionals with 10–15 years of experience get stuck.
Where do these people go?
While some of them are able to climb the ladder of success in management roles, others have to take a detour. Some of these professionals migrate to jobs overseas, few switch into training and education and few into research. For details you may want to read Anand Vaishampayan's answer to Why don't I see senior citizen in IT sector in India, even though one gets paid handsome salary in it ?
What is the solution or alternate?
Yes, some folks do take a decision to work at a low salary and survive and few others keep changing or upgrading their skills to stay relevant. Fundamental issue is the lack of focus in planning and making the right career moves. Just focusing on the next salary hike does not help in the longer cause. The scenario may be different in Non IT sectors but in IT the tough time for professionals with 10–15 years of experience has just begun. Its time for them to focus on Charles Darwin theory: It is not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change.
Reference good reads:

You may also like to read this to find out some futuristic perspective…What Will Have A Bigger Impact On The IT Industry: Digitization Or Donald Trump?

Monday, April 17, 2017

No Matter How Good You Are, You Can Always Be Replaced

Have you ever heard these quotes?

Everyone's job is important, but no one is indispensable.

No one is indispensable. Even Me.

If you think you are indispensable, think again, because you might be wrong. Few years ago, IT giants used to layoff workforce based on poor performance and at times due to the pressure of global economic crisis. But now with the rapid advances in technology low level jobs might be under threat from software programs called BOTs. These BOTs are powered by artificial intelligence and have the ability to self-learn. Yes, digitization is the new normal in Indian IT Services Industry.

Your employer runs a business and every business needs to be profitable. You might be doing a great job for your organization but in the rapidly changing context it is better to get yourself a reality check. Here are some tough questions that you should ask yourself:

1. Is your job going to be relevant in the next 5 years or is it candidate for automation or digitization?

2. Will your skill or knowledge continue to contribute towards making your employer's business profitable?

3. Can a professional with n-1 or n-2 level of work experience do the same job that you are doing today?

4. In future, is there a probability that the customer may not pay as much money as they are paying today to get the work done?

5. When was the last time you learned a new skill or a new process or a new technology? Are you getting outdated?

Your honest answer to these questions will tell you the exact situation of your job/ career. Your answer to these questions may be a call for action for you because no matter how good you are, you can always be replaced due to circumstances and changes that you don't control. Here are some of the actions that you should take immediately...

1. Identify and work out a Plan B for your future. This Plan B can be an alternate skill that you will learn or an alternate part-time business that you will run in parallel to your job.

2. Save enough funds for the difficult times. At least have 6 months of salary in your bank account to face any adverse situation in case you lose your job.

3. Predict the future of your industry. Read relevant articles published by top research companies to understand where the industry is headed and what are the potential job/ career opportunities of the future. Forecast your learning and training needs and be prepared to reskill yourself.

To summarize, with changing times one needs to be prepared to do more and at the same time do something which is futuristic and acts as a differentiator. Sitting comfortably with the same job for years and years may mean that you are flirting with danger. It is time to not only think outside the box but also it is high time to act outside the box.