It really depends on lot of factors. I will mention worst and best cases where salary can go. But before doing so let’s revisit what are the factors and how they can impact career growth.
- Efforts: Does not matter whether you are IITian or Tier-3 guy. You have to be extremely hard working person to grow in IT career. It’s not like got job and now life is settled. Continue efforts for learning new things outside job can make wonders in long term. That’s where stories like “from 30k per month to 5L per month happens”
- Proactiveness: One has to go over and beyond when it comes to office work. You should own the work instead of assuming it as burden. If you are proactive and go beyond your responsibilities, there are higher chances that you will get promoted.
- Regular switch: This may be controversial but if you are not having background like IIT or some FAANG company on your resume only way to grow exponentially is to change companies on regular basis. Sure there might be good companies who provide really good internal hikes but if your starting point itself is low , hike won’t add much value. Remember 5% on 50L is much better than 12% on 10L.
- League Of companies: Lot of non IT or even seasoned IT people think they have to learn some hot skills to earn more. But it’s far from truth. I saw some guys are ridiculing QA guys as if they are clerk. Let me tell you one thing, QA in google earns far more than so called talented Devs in TCS and Infosys. If there is single most factor which decide salary then it has to be kind company you are working in. Hence it is extremely important to be in right company.
Now having all context set here are the figures based on my judgement.
- If you take absolute worst and best case, in worst case someone may not able to even get a job if get fired and is not skilled enough to get another job. So worst case is 0 salary. On other hand there is literally no upper limit for highest salary. Someone can become CEO of top product company if he/she has those skills and climbed ladder with right effort in right direction.
- I am sure we are disappointed with first point and wanted something more realistic. Well if some one start with service companies like TCS, Infosys etc and never change company he mostly will reach at around 25–30L ish CTC after 20 years. If some one proactively kept on changing companies and joins FAANG or hot startups he may reach to even 5cr of CTC.
Note: Answer is written with context of software career within India.
-Santosh Kadam
Path of Education can also be very Beautiful
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