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CTC for 4+ Candidate

Balakrishnan Nagarajan
Greenhorn

Joined: Jan 16, 2009
Posts: 20
Hi,

I have total exp of 4+ in IT/ITES industry and 3.5 years of exp in IT specialized in JAVA technology (with EJB, JSP, AJAX, Javascript, Drools, MySQL, Oracle etc.,).

Now i would like to make a jump. How much i can expect now ?

can anyone advice me ?


Regards,
Bala N.
Deepak Bala
Bartender

Joined: Feb 24, 2006
Posts: 6661
    
    5

Where do you live ? What kind of company are you working in now and what is the type of company you are switching to ?


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John Jai
Bartender

Joined: May 31, 2011
Posts: 1776
i think if you are 4+ then you can ask minimum of 7.5 LPA to an Indian MNC if you live in Chennai.

And that largely depends on your current CTC. Expect 30-40% hike.
Himanshu Gupta
Ranch Hand

Joined: Aug 18, 2008
Posts: 598

It is really hard to come with a figure knowing only the number of years worked in IT.. A lot depends upon you skills (not skill set) and the type of leadership you have taken in previous employments.


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Joe Harry
Ranch Hand

Joined: Sep 26, 2006
Posts: 9353
    
    2

John Jai wrote:i think if you are 4+ then you can ask minimum of 7.5 LPA to an Indian MNC if you live in Chennai.

And that largely depends on your current CTC. Expect 30-40% hike.


It also depends on the employer.


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Maneesh Godbole
Saloon Keeper

Joined: Jul 26, 2007
Posts: 10270
    
    8

..and your bargaining capabilities.


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Parag Pathak
Ranch Hand

Joined: Jun 22, 2010
Posts: 57
The job market is very bad in my area. Better to wait till it's get better.
Balakrishnan Nagarajan
Greenhorn

Joined: Jan 16, 2009
Posts: 20
Thanks All for your suggestions.
Parag Pathak
Ranch Hand

Joined: Jun 22, 2010
Posts: 57
John Jai wrote:i think if you are 4+ then you can ask minimum of 7.5 LPA to an Indian MNC if you live in Chennai.


Here is CTC for freshers this year [Company] snatches NIT Warangal student for Rs 45L salary. Big difference! or may be value of Computer Science graduation with NIT. I always believe you should be paid for your brain, not for experience on paper.
Maneesh Godbole
Saloon Keeper

Joined: Jul 26, 2007
Posts: 10270
    
    8

Interesting comments in that article about NIT Warangal
Parag Pathak wrote:I always believe you should be paid for your brain, not for experience on paper.

You said it Parag. People forget interviewing and evaluating people is a skill in itself, almost an art form. One has to be smart to identify smart people. Those who can't go only by the paper.
Preet Prasannan.
Ranch Hand

Joined: Feb 09, 2009
Posts: 64
Hi,

In a city like Bangalore for 4+ the CTC can go upto 8.5L in normal circumstances.
My friend just went into a consulting company and got this salary.
But getting a higher salary would be possible with product development companies and with startups who are big on hiring.
There are pros and cons of the same.
Pros are that getting into startup gives you loads of direct exposure to the technologies and the entire process of delivering the product from the requirements to the production deployment.
But the cons on getting a very high salary is that after a time, most of the companies are not able to afford you as there is some parity levels at the established organizations.

So choose the company that you want to work with and also give an equal weightage to the quality of work and the salary. It will help you gain more in future.

All the best for your future.

Regards
Preet


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subject: CTC for 4+ Candidate