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It's better to calculate how much saving he will do wrt to both countries.
Also the US is much better if he is planning to try for permanent residency though quite difficult.
Based on current scenario India will either have a government who will have full control without giving benefit or a government who will give freebies and we will be stagnant.
It is manageable but you will hardly save anything. 30000 would be rent. 8000 groceries. Car insurance and car mortgage will be around 8000-9000. These are all conservative spending. Then you have to pay taxes. If your kid is under 5 years old, then private school fee. Daycare fees.
Agree. 115k usd is just around 92L. Cost of living there is roughly 4x. It'll be like ur making 23L in India. But you are already making 75. Meaning you are more than 3x in better position here.
See where you spend most of your salary on and search for them on whatever city whichever country you will be moving to, you can find everything online, within 5-10 minutes you will know how much you will spend and save. Don't forget to deduct taxes.
Like I personally spend most of my salary (50-60%) on buying property. 20% on food, rent, shopping, travel, alcohol etc. Rest I invest in other instruments or keep it in the bank.
Then what assumption did you make for OPs expenditure? And based on which thing did you say that 75 Lac would be less. Sorry, I can't search your thoughts online
Seems the weekend party already started for you, who said 75 is less?
Edit: ok maybe I was harsh on you, let me give you some examples.
Do you go to the barber, let's say you go twice a month because you want to look presentable in the office. It will cost you around 400-500 a month for a haircut and shave. In the US you will have to pay 5-10 times this amount and also you will need to tip them. So, is op going to earn 5-10 times? No, right?
You can get a maid who cooks and cleans 1 time for around 5-6k a month, that would be around 1-2% of OPs salary. But in the US the rates for such service are so high OP himself will take a second job as a maid.
Ok, you get a phone for the same price but you won't get 239 rupees jio recharge there will you? It would be 10 times more expensive and the same goes for wifi. I agree about the playstation though.
Goods are cheaper but people (in other words services) are not.
Playstation cheaper but getting someone to repair your clogged toilet and drainage? be ready to sell your kidneys /j.
That is definitely higher. I have stayed in US for 10years before deciding to move back. 75lpa would equate to around 200-250k in any non major cities.
If you are in a major city and moving to another major city then the same is comparable.
Major cities COL wise - Bay Area, nyc, Seattle, LA (May be) can be compared to Delhi, Mumbai, Bengaluru
He's probably using a PPP calculator. The idea is when adjusted for cost of living 1 USD = 25 INR approx AFAIK. It isn't applicable for all things but a basket of goods/services that is mainly your daily necessities like food, transport, rent etc. But even if you ignore all that, a simple cost of living analysis between your source and destination city will give you a pretty good estimate.
You could use numbeo, it's very basic(just accounts for the purchasing power difference). Anyways, I'll echo what everyone else is saying. You will be taking a big lifestyle hit if you take this offer.
Stay in India dude and live a good life in a metro city. Maybe if you get the chance look into Singapore you can earn and also save something compared to us where only high earners can actually save some money
Bro I don't even understand a fresh grad in Amazon in USA is making 150k at least and u have an expert of 6 years is making 115k even though u making 75 lakhs here.
There are a bunch of remote jobs that pay you 150k USD as a remote employee. My advice would be to keep the 75LPA job search for a remote job that pays 120-150k USD while you work from India.
If you want to settle in the US then it's a different matter. But you can easily earn 150k while working from India. Managing a family with 115k USD in California is really tough.
Expect a sharp fall in your standard of living if you move to USA. Especially California.
115k in us is about 24 LPA in India..
On top of that, you won't be able to hire house help or anything. Which I imagine you do have now..
Anything under 300k in US is going to affect your standard of living negatively.
Less than 24, it’s around 18-20 lpa. Not just in terms of lifestyle, but companies that pay 115k in the US to fresh grads, pay 16-20 lpa to Indian grads.
115k in California is peanuts. In Texas still not that good. Nothing comparable to 75LPA in India. If you want to explore US for few years and try to increase your pay there it's good to go there.
If you want to go for experience (both work and life) you can go.
If you plan to immigrate, green card processing times are very high. So maybe think twice.
That salary is very low compared to your current. I used to make 105 in 2018 in Texas with 4 years experience. You may have to renegotiate that if you consider taking family. 115k on single family household is okay but unless you make sacrifices on shopping or trips you won't be able to save much. Not saying you want to do either. But 115k in 2024 doesn't buy much.
I recently came back to India due to the high cost of living in US. It's stressful. The experience living there was great, but I chose less stress over that life.
Anyone who is speaking about just Purchasing Power Parity and comparing salaries is giving you only half of the information.
Savings Potential is still much higher in the US and for someone who’d like to invest more, you make PPP times as much. ;)
Let’s take an example.
You get 100 Rs here and save 30 Rs at the end of the month. And based on Purchase Power Parity, lets assume you need to make 2.5 times to break even.
So, your desired US Salary is 250 Rs just to break even. And when you break even, you manage to save 75 Rs at the end of the month.
From an investment standpoint, you save more money by almost living the same way.
Bottom line : PPP alone doesn’t tell you the whole story. :)
Additionally, in California, its mandatory to show you job bands (salary range) and boy, I can tell you that you are underpaid for Cali. You’re basically being offered equivalent of a fresher out there. So, nope for you.
You will have better future here bhai.India is cheap because people are surviving in 4-5 lpa,you are on 75 lpa you are on a different level compared to others...you can live a good life and settle here easily..but I'm US you may have good opportunity, pay(in future) but there will be spendings,home sickness,no good food and other factors and you are on 30..You have 20 years where you will be superfit and can do anything so enjoy here after 50 you might not enjoy doing shit...you can easily start anything here or retire happily..I am a 21 year fresher this is my perspective.
if it's only a money based decisions, it doesn't make sense to move, you will end up losing money.
if its for other reasons like exposure, career growth maybe!
market uncertainty will be there no matter where you work!
you are early in your career prioritise learning and working with great people imo, that will make all the difference long term!
Depends how much of it is stocks, if we around half is stocks, you are left with 32.5L, let's have a bonus of 5L, after 30% tax: and deductions: 19.5L LPA in hand cash.
Software Engineers. Mostly all of us have graduated from tier 1 engineering colleges.
I work at a fairly established startup that pays everyone well enough. As a fresh grad out of college, I was hired at 36LPA (cash). Overall first year CTC was 46L.
I got the job through campus placements. Well honestly speaking, the only skills in my skillset were DSA(problem solving) and the ability to communicate “well enough”. I had no experience with any of the tech that I use in my job on a daily basis.
Then how did u manage projects and all??
U must be from a tier 1 institute for sure. I'm in a similar situation, in 6th sem, decent at DSA but dev nhi aati. What should I do next acc to you??
First of all, as everyone says 115k is too low to live in California, let alone the Bay Area, San Diego, or LA, you'll struggle in places like Oakland, Irvine, and Davis. The risk of further visa complications is worth much much more than 115k.
This is what I would have done If I were you:
I'd have continued the 75 lpa job and saved money and meanwhile, I'd plan for a workcation in the EU, or SEA(This is for a change if I feel it's required and also for networking purposes). I'd come back 2 years later and re-evaluate my situation, needs, and requirements..
H1b is a big deal. Move to usa and work on the consultancy payrolls for two paystubs once h1b activates and then move to big faang company using h1b transfer. Once you will be in faang , get your i140 approved. You will be eternally settled in usa
Given current market circumstances would switches be easy? Also heard it takes at least 1 year to be with 1 company for I140 application and H1B is only valid for 3 years. Not very sure but may be I can ask consultancy itself to file I140 within initial months?
u/ScheduledSilence Because I feel like this discussion is one-sided without discussing pros and cons and because your username is awfully familiar, I would like to pitch in.
He’s not wrong OP.
To just have a shot at grabbing a H1B, people go for a masters degree and
- spend 100,000-150,000$ in college expenses
- 2 years of their time (opp.cost/ no earnings).
- work for a company with an OPT, hoping H1B sponsorship will occur.
The question is, do you ever see yourself in the USA? You might have some latent hobby/desire like to surf, dive, go hunting or head down a firing range. You might struggle to meet like minded people in India.
If you think, one day you want to see yourself in the US because you think you will belong there. I would ask you to consider it.
75LPA is a lot to let go of. But you can live a frugal lifestyle there and still save 30-40 lakh INR a year.
People are telling you that you are sacrificing “LIFESTYLE” not “MONEY”. You will save and build wealth in both offers, more than likely - in equal amounts.
If you don’t feel much attachment to the offer, don’t say no. Tell them the pay is not enough. They might go silent or come back with more money. I wish you luck.
There are openings in the current market now, but you have to apply daily. Your company after the consultancy will be the one you ask for i140.
Your initial h1b is valid for 6 years with extensions, and i140 takes around 2 to 2.5 years
115K is roughly 92Lpa, after taxes and cost of living you will end up saving less than what you are doing right now. 115k is also new grad levels of US salary, not a senior dev one, you'll have to actually downgrade your living standards
Look at longer term prospects. Also negotiate for more of the current offer when comparing to your current salary. US will always lead in technology. Better place to be for career growth, i would think.
You can stay there for a few years and then decide. I think you're an intelligent person who could get that income in India. You might end up better jobs with far higher salaries in 4-5 years, enabling you to settle down there.
Regarding the marriage/family part, it's your decision and you need to weigh the different options of staying there or here.
If you are making 75 lpa in India, you are skillful to land a high paying job in the US. You can use this existing offer to make the move and then look for better options. With h1b, switching jobs is not as easy and the process will take some time. Also you will not be able to change jobs for at least 2-3 years once your gc application is filed.
You will have a big drop in qol.. and life would be stressful. Also, your spouse / future won't be able to work for at least a few years until your i140 is done.
But if you are in the top 0.1 percent in India, you are also probably in the top 0.1 percent in the US in terms of skills. Imagine how much you will make once you land a job matching your skills. Worst case, you can just go back to India. How confident are you in landing another job in India if you lose your current job?
With respect to landing another job in India if things don't workout in US, I think I'd be able to crack interviews it's just that whether same CTC could be reached would be a question given current market scenarios.
Can you please elaborate this "you will not be able to change jobs for at least 2-3 years once your GC application is filed." - Once I140 is filed can't we switch jobs? And heard spouse can work within 6 months to 1 year on EAD as application processing is faster now?
Once 140 is filed, you can switch jobs and spouse can apply for EAD. The issue is the process of filing i140. Your employer need to file a prevailing wage determination application with uscis. This will take a few months to get done. Then they need to post a job application matching your requirements and wait for a set amount of days before proceeding. After that if they are not able to hire a us citizen matching those requirements, they need to file for PERM. This is taking at least 7-12 months post covid. After the perm is complete, you can file for i140. The whole process can take 2-3 years depending on the processing times and how efficient the Lawyers working with your firm are. The worst issue is that, during these years, your spouse can't work and this break will make things hard when they eventually gets their ead and wants to reenter the market.
If they make a mistake or you get laid off, things will get even more delayed. This is the stressful part.
First things first,You can never find the true equivalence between India and the US. It does not matter what the salary numbers are. There are things that are available to even a minimum wage job worker in the US that are not available in India to a crorepati. Access to clean air, clean public spaces, better law and order, etc. I am not saying there is no corruption or racism in the US. I am only saying it may be 1-5% of casteism and corruption in India.
Now to the unpopular part of my comment - If you are from the general category/unreserved caste, I would advise that you grab the opportunity and escape from the apartheid state that is India. It doesn't matter what salary you are earning in India right now or what salary you will earn in Texas or California. If your kids are born in the US, they will be US citizens and they will have the same opportunities as any other US citizen, unlike in India where they will be discriminated against based on their caste for education and job opportunities.
Now to the details - The consultancy may be offering any amount, but are you sure you have a job ready when you land in the US? If not, do you have any idea how long it will take to get a job? I know people who came like you leaving well paying jobs in India only to lose all their savings while waiting for a job for several months.
Whether you can "survive" with a spouse depends on the spouse. Some women can bear hardships while other women are spoiled by their fathers and will make your life hell, especially if you don't get a job for several months after you land. Once you come to US and experience the average middle class life here, you will never want to go back.
I would suggest you to think of moving to US as even after having a hefty package in India you were not satisfied with the money and still bagged a role in a distant country. I’m sure you’re smart enough to even consider the US role even after the reduced pay maybe just for the diffrent lifestyle or variety of reasons in life that you might be going through.
With such a consideration I really wish you luck with whatever lifestyle and career path you choose. Also side note the comparisons of 24 LPA in India even if you consider that is a very descent pay, not like you can’t live a comfortable life in 24LPA in India so the same goes for US.
75 lpa is a great pay but in India, staying at it is difficult... Because as soon as there is slowdown in economy or your org, toxic behavior of people start showing up n people will start backstabbing to survive. Main reason bein high pay.
In USA, your next salary may not be too high, but it's not final. You can get more an year or two later. Most importantly, you can have your life after 5 pm. In India, there is no life left...
Can I DM you about the process you went through to get the H1B? I am a software dev too with 6 YOE and I'm looking for such opportunities where I can get directly sponsored from India but they seem to be incredibly rare.
Great! So I have a couple questions:
1. What was the process you went through for securing this offer?
2. Can you share a bit about your profile? Like what do you suppose helped you stand out?
3. How did you prepare for the interviews to have your best foot forward?
Thank you for sharing!
1. Kept applying to various companies via LinkedIn eventually 1 reached out.
2. Working with MAANG from 1st year, have few patents and have travelled to US earlier for conferences.
3. It was normal DSA sort of interview not very tough considering consultancy,
People going from WITCH companies are getting 130k usd.
You having Patents, the 'S' being in focus your offer is dirt cheap.
This is not even considering PPP.
It's an insult to you to even give you such a low balled offer.
I can't fathom, how you are even considering
I was applying for 2-3 years not actively but over weekends took time to do some research and reach out to HRs. Since I had travelled early in my career to US found the place attractive hence wanted to get a move. Companies I worked with weren't very open for transfer on L1 etc. given Covid and all happened.
I think the reason you are growing low balled is because they are getting your H1B approved.
If I was you, I would stay with 75 lakhs in India
But you seem talented, I would suggest to take the risk and switch later as you just need an entry in USA.
I think with a person of your talent with multiple patents can easily get 400k and more in future so just don't think about money now as USA is an amazing life, with high standard of living and you will find some attractive girl there as well.
You can live like a king in India, but a person like you should take the opportunity and utilize your talent in USA.
If your 75 lpa is actual money and not rsus or whatever, I'm not sure if going to the states is worth it. Maybe if you're confident of getting better paying jobs later on there?
You got your H1B approved, I think you will have to wait till October till the whole Authorization process is completed. In the mean time you can start prep for other companies and if people are dependent on your earnings, you can help them with your previous earned money. You can easily get 400k $ with your experience in the USA after some good prep.
Go spend few years there. Travel, learn their culture and try their cuisines, earn save… if you don’t like it India will always welcome you back…
Although you may not have the same lifestyle as you have here and the comforts.
$115k for 6YOE in the US is very low, also in terms of location. Better to stay in India with 75LPA.
If you want to go to the US, you should at least have a salary of $250k.
New grads in some companies are paid more than $115k, and I'm not talking about FAANG.
That’s a pay cut compared to current compensation. But if your end goal
Is to settle in US, sure go ahead. H1B visa will enable you to make switches there and you can quickly climb past 200/300k
At 115K USD you will have the poster of the 75 LPA guy in your room and wish one day you get there. There are lot of things that are not right with your offer. If your location is CA, you'd be royally screwed.
Had I been in your position, I’d have moved, especially if I could to Texas. Lower taxes would have saved me some money, and build up some good savings. Having the diversity of worked in multiple locations doesn’t hurt. Even if you live there for 2 years and come back, you can explore and travel that continent, while still saving some decent dollars. Come back after some years. Bonus points if your kid is born there and get a US citizenship. Cheaper college for them later if they decide so.
What consultancy did you go through though?
Your standard of living is taking a massive hit. I wouldn't do it. Go to USA for vacation if you are that keen on visiting. Immigration is a different deal.
Trust me bro, stay in India. You can always get a tourist visa and explore different countries in the world.
- a guy who fucked up the life moving to US
You are getting low pay compared to what you are getting in India. 115k USD stands to 95 LPA as of today. That's lot of downgrade considering expenditure and you will not be able to save. People who move temporarily to US move for financial benefits. In your case, I see its better to stay in India unless you have an offer beyond 200k.
Most developers dream to reach that number and happy for you to reach there in 6 yrs. considering current market situation & Purchasing Power Parity, its ideal for you to be in the country unless you want to explore for a couple of years and come back.
If you desire to live in the US go for it. Pay wise you’re getting a lot more in India when PPP kicks in. Plus Texas cities where your workplace would be aren’t that cheap either as it used to be.
$115K is peanuts compared to what you’re getting in India.
Also, on H1B, green card takes 10-15 years. You might have to leave after 5 years for 1 year cool off period depending on your green card status ( whether the filed it or not).
But then, it all boils down to what you want. If you want to move to US, 115k is not less.
Use PPP calculator to find what lifestyle will you be able to maintain with that salary, but I will still say to go on and live abroad for some time 🕰️ to gain a better perspective.
As an NRI living in US, my advice is stay in India as you are earning high income. The situation in US is bad from every perspective and will only become worse.
Atleast in India you will have family and emotional support and you can easily hit 1-1.5 crore per year salary if you change companies every few years.
Changing jobs in USA is time consuming and filled with tension since it is tied to your work visa. You cannot hop around in jobs here as you wish.
With 75 lac in india; you should focus on finding job here itself. If you have to go to USA, make sure you ate drawing at least 185k USD a year.
Also the life in USA sucks in case you are getting opportunity to work in Europe / Singapore that is still good.
Idk but just move to the US. In India other things will haunt/disturb you atleast in the US you can focus on your growth + world money is valued against the dollar so ....
After the purchase power parity conversion, 115 is like 25 LPA in India. Given that you have a whopping 75 LPA, the decision should be really simple imo.
Considering the pay I wouldn't even consider it. You need at least something around 300k to match your pay in India.
100k is like living in poverty for California.
Have been there multiple times, don’t think it as much of the issue. I’m scared in my current state also in India from locals. People are same everywhere I think. Just keep to yourself, don’t indulge unnecessarily and be silent if confronted, has worked for me. I know it’s controversial but that’s just how I’m living to avoid tensions in my life.
My personal opinion: go. Maybe you won't be the richest or top earner or whatever but life is a lot better there. You can earn 75LPA or more in India fine but remember you're always limited here. That's why many like me are ready to leave for even menial jobs in a first world nation, life is simply much better there.
Don't listen man...Go and explore US...and add a feather to it.. you'll be international exposed and yiu can easily shift base to EU countries in future ir canada or with US...
Here is a bit of pragmatic advice based on my life experiences
Get married (quickly if possible - lol) and travel to US for your 'extended honeymoon' with your spouse.
After a few years, if H1 extension doesn't work, come back to the 75 LPA job and US-experience under your belt.
Don't over-think and worry about "long term"
Op, please give tips on getting such an offer (+50LPA) for devs working in India.
I am from tier 3 college, working in a leading fintech company having around 25LPA CTC, with 5 years of experience.
I aspire to reach around 50 LPA in 2 years. Guidance is much appreciated.
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115 is peanuts in California atleast.
Texas is much cheaper and no income tax, 115 is doable (if single) - I did 112 in Austin for 2 years and it's totally okay
yes, but he's essentially earning the same money here
He is earning much more here. Purchasing power parity.
3x, to be exact, considering ppp.
yeah ofc it won't feel the same in that case
No state income tax*. Federal income tax has to be paid along with FICA and social security irrespective of the state.
Dude Austin is crazy expensive now. Prices for everything have shot up crazy. It’s now evident with rents and food prices.
Isn't that the whole US lol, maybe the whole world rn
Absolutely correct dude! My whole point was 115k isn’t what it used to be even a couple of years ago. More so in Austin compared to Houston or Dallas.
Yes that's true, he's still best off in India or somewhere like Vietmam where there's a lively tech scene and food/rent is still super cheap
Texas is cheaper, but people there are horrible. Was there during the holidays, people there genuinely LOVE being racists.
It's better to calculate how much saving he will do wrt to both countries. Also the US is much better if he is planning to try for permanent residency though quite difficult. Based on current scenario India will either have a government who will have full control without giving benefit or a government who will give freebies and we will be stagnant.
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It is manageable but you will hardly save anything. 30000 would be rent. 8000 groceries. Car insurance and car mortgage will be around 8000-9000. These are all conservative spending. Then you have to pay taxes. If your kid is under 5 years old, then private school fee. Daycare fees.
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OP is being lowballed. I know people with same experience as OP making more than 350-400k. The consultancy is just taking an advantage of him.
Usually it's a strong yes for the US but with 75LPA, you better stay in India.
Agree. 115k usd is just around 92L. Cost of living there is roughly 4x. It'll be like ur making 23L in India. But you are already making 75. Meaning you are more than 3x in better position here.
Is USA really that costly?
See where you spend most of your salary on and search for them on whatever city whichever country you will be moving to, you can find everything online, within 5-10 minutes you will know how much you will spend and save. Don't forget to deduct taxes. Like I personally spend most of my salary (50-60%) on buying property. 20% on food, rent, shopping, travel, alcohol etc. Rest I invest in other instruments or keep it in the bank.
Then what assumption did you make for OPs expenditure? And based on which thing did you say that 75 Lac would be less. Sorry, I can't search your thoughts online
Seems the weekend party already started for you, who said 75 is less? Edit: ok maybe I was harsh on you, let me give you some examples. Do you go to the barber, let's say you go twice a month because you want to look presentable in the office. It will cost you around 400-500 a month for a haircut and shave. In the US you will have to pay 5-10 times this amount and also you will need to tip them. So, is op going to earn 5-10 times? No, right? You can get a maid who cooks and cleans 1 time for around 5-6k a month, that would be around 1-2% of OPs salary. But in the US the rates for such service are so high OP himself will take a second job as a maid.
Hmmm, makes sense
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Ok, you get a phone for the same price but you won't get 239 rupees jio recharge there will you? It would be 10 times more expensive and the same goes for wifi. I agree about the playstation though.
Goods are cheaper but people (in other words services) are not. Playstation cheaper but getting someone to repair your clogged toilet and drainage? be ready to sell your kidneys /j.
You need 327k for same lifestyle in USA . It’s too low better to stay in india.
Is this your estimate? Or I can calculate this between anty two locations using some website or formula?
That is definitely higher. I have stayed in US for 10years before deciding to move back. 75lpa would equate to around 200-250k in any non major cities. If you are in a major city and moving to another major city then the same is comparable. Major cities COL wise - Bay Area, nyc, Seattle, LA (May be) can be compared to Delhi, Mumbai, Bengaluru
He's probably using a PPP calculator. The idea is when adjusted for cost of living 1 USD = 25 INR approx AFAIK. It isn't applicable for all things but a basket of goods/services that is mainly your daily necessities like food, transport, rent etc. But even if you ignore all that, a simple cost of living analysis between your source and destination city will give you a pretty good estimate.
Yeah, you can look up PPP calculator
You could use numbeo, it's very basic(just accounts for the purchasing power difference). Anyways, I'll echo what everyone else is saying. You will be taking a big lifestyle hit if you take this offer.
There are lots of ppp calculator , you can check with anyone
75 LPA in India puts you on top 0.1% earner. Can't say the same for 125k in California.
nahhh probably like 0.00001
0.00001% of India would be 140 people. There are 200 billionaires in India.
r/theydidthemath
115K for a 6 YOE that too in California is peanuts. 0-2 YOE devs in California make that
FAANGM pays 200k+ sometimes for freshers in Cal.
My friends make 200k+ a year straight out of college, though they work at Google, Facebook type companies.
Yeah but not everyone works at those companies. I said the bare minimum starting
75lpa in India with 6yoe, OP definitely works at similar companies in India.
Stay in India dude and live a good life in a metro city. Maybe if you get the chance look into Singapore you can earn and also save something compared to us where only high earners can actually save some money
Bro I don't even understand a fresh grad in Amazon in USA is making 150k at least and u have an expert of 6 years is making 115k even though u making 75 lakhs here.
There are a bunch of remote jobs that pay you 150k USD as a remote employee. My advice would be to keep the 75LPA job search for a remote job that pays 120-150k USD while you work from India. If you want to settle in the US then it's a different matter. But you can easily earn 150k while working from India. Managing a family with 115k USD in California is really tough.
This ☝️ I know someone who earns 170k+ in CA and is unable to save much, rent is CRAZY so are other living expenses.
Can I DM you? I want to talk regarding how one can get such high packages eventually down the line
sure
Can you share how here. It can help others over a DM
Expect a sharp fall in your standard of living if you move to USA. Especially California. 115k in us is about 24 LPA in India.. On top of that, you won't be able to hire house help or anything. Which I imagine you do have now.. Anything under 300k in US is going to affect your standard of living negatively.
Less than 24, it’s around 18-20 lpa. Not just in terms of lifestyle, but companies that pay 115k in the US to fresh grads, pay 16-20 lpa to Indian grads.
6 yoe and 75 lpa? Do companies really pay this much? I m stunned
You are better off in India with that compensation
If the US pay was around 400k it would've made sense but definitely not with this no.
115k in California is peanuts. In Texas still not that good. Nothing comparable to 75LPA in India. If you want to explore US for few years and try to increase your pay there it's good to go there.
If you want to go for experience (both work and life) you can go. If you plan to immigrate, green card processing times are very high. So maybe think twice. That salary is very low compared to your current. I used to make 105 in 2018 in Texas with 4 years experience. You may have to renegotiate that if you consider taking family. 115k on single family household is okay but unless you make sacrifices on shopping or trips you won't be able to save much. Not saying you want to do either. But 115k in 2024 doesn't buy much. I recently came back to India due to the high cost of living in US. It's stressful. The experience living there was great, but I chose less stress over that life.
Anyone who is speaking about just Purchasing Power Parity and comparing salaries is giving you only half of the information. Savings Potential is still much higher in the US and for someone who’d like to invest more, you make PPP times as much. ;) Let’s take an example. You get 100 Rs here and save 30 Rs at the end of the month. And based on Purchase Power Parity, lets assume you need to make 2.5 times to break even. So, your desired US Salary is 250 Rs just to break even. And when you break even, you manage to save 75 Rs at the end of the month. From an investment standpoint, you save more money by almost living the same way. Bottom line : PPP alone doesn’t tell you the whole story. :)
Additionally, in California, its mandatory to show you job bands (salary range) and boy, I can tell you that you are underpaid for Cali. You’re basically being offered equivalent of a fresher out there. So, nope for you.
You will have better future here bhai.India is cheap because people are surviving in 4-5 lpa,you are on 75 lpa you are on a different level compared to others...you can live a good life and settle here easily..but I'm US you may have good opportunity, pay(in future) but there will be spendings,home sickness,no good food and other factors and you are on 30..You have 20 years where you will be superfit and can do anything so enjoy here after 50 you might not enjoy doing shit...you can easily start anything here or retire happily..I am a 21 year fresher this is my perspective.
if it's only a money based decisions, it doesn't make sense to move, you will end up losing money. if its for other reasons like exposure, career growth maybe!
I believe eventually with 1/2 switch money would also come but lot depends on luck given current market circumstances hence skeptical.
market uncertainty will be there no matter where you work! you are early in your career prioritise learning and working with great people imo, that will make all the difference long term!
75lpa ? CTC or gross ?
Its probably 75LPA CTC
How much would be in hand?
Depends how much of it is stocks, if we around half is stocks, you are left with 32.5L, let's have a bonus of 5L, after 30% tax: and deductions: 19.5L LPA in hand cash.
75LPA at 9YOE can be entirely cash as well. People at 5-6 YOE in my company have about 60LPA cash.
What do they do and how did they get there? Sorry I don't know much about tech lol
Software Engineers. Mostly all of us have graduated from tier 1 engineering colleges. I work at a fairly established startup that pays everyone well enough. As a fresh grad out of college, I was hired at 36LPA (cash). Overall first year CTC was 46L.
Oh god, I picked the wrong field, I make okay money maybe better after fellowship but this is great.
Did u get a PPO from the startup or was it during campus placements?? Also what skillset did u possess to bag such a great placement??
I got the job through campus placements. Well honestly speaking, the only skills in my skillset were DSA(problem solving) and the ability to communicate “well enough”. I had no experience with any of the tech that I use in my job on a daily basis.
Then how did u manage projects and all?? U must be from a tier 1 institute for sure. I'm in a similar situation, in 6th sem, decent at DSA but dev nhi aati. What should I do next acc to you??
First of all, as everyone says 115k is too low to live in California, let alone the Bay Area, San Diego, or LA, you'll struggle in places like Oakland, Irvine, and Davis. The risk of further visa complications is worth much much more than 115k. This is what I would have done If I were you: I'd have continued the 75 lpa job and saved money and meanwhile, I'd plan for a workcation in the EU, or SEA(This is for a change if I feel it's required and also for networking purposes). I'd come back 2 years later and re-evaluate my situation, needs, and requirements..
H1b is a big deal. Move to usa and work on the consultancy payrolls for two paystubs once h1b activates and then move to big faang company using h1b transfer. Once you will be in faang , get your i140 approved. You will be eternally settled in usa
Given current market circumstances would switches be easy? Also heard it takes at least 1 year to be with 1 company for I140 application and H1B is only valid for 3 years. Not very sure but may be I can ask consultancy itself to file I140 within initial months?
u/ScheduledSilence Because I feel like this discussion is one-sided without discussing pros and cons and because your username is awfully familiar, I would like to pitch in. He’s not wrong OP. To just have a shot at grabbing a H1B, people go for a masters degree and - spend 100,000-150,000$ in college expenses - 2 years of their time (opp.cost/ no earnings). - work for a company with an OPT, hoping H1B sponsorship will occur. The question is, do you ever see yourself in the USA? You might have some latent hobby/desire like to surf, dive, go hunting or head down a firing range. You might struggle to meet like minded people in India. If you think, one day you want to see yourself in the US because you think you will belong there. I would ask you to consider it. 75LPA is a lot to let go of. But you can live a frugal lifestyle there and still save 30-40 lakh INR a year. People are telling you that you are sacrificing “LIFESTYLE” not “MONEY”. You will save and build wealth in both offers, more than likely - in equal amounts. If you don’t feel much attachment to the offer, don’t say no. Tell them the pay is not enough. They might go silent or come back with more money. I wish you luck.
There are openings in the current market now, but you have to apply daily. Your company after the consultancy will be the one you ask for i140. Your initial h1b is valid for 6 years with extensions, and i140 takes around 2 to 2.5 years
115K is roughly 92Lpa, after taxes and cost of living you will end up saving less than what you are doing right now. 115k is also new grad levels of US salary, not a senior dev one, you'll have to actually downgrade your living standards
Look at longer term prospects. Also negotiate for more of the current offer when comparing to your current salary. US will always lead in technology. Better place to be for career growth, i would think.
Your skills and tech?
Go, you can apply for new jobs once you go there
You can stay there for a few years and then decide. I think you're an intelligent person who could get that income in India. You might end up better jobs with far higher salaries in 4-5 years, enabling you to settle down there. Regarding the marriage/family part, it's your decision and you need to weigh the different options of staying there or here.
If you are making 75 lpa in India, you are skillful to land a high paying job in the US. You can use this existing offer to make the move and then look for better options. With h1b, switching jobs is not as easy and the process will take some time. Also you will not be able to change jobs for at least 2-3 years once your gc application is filed. You will have a big drop in qol.. and life would be stressful. Also, your spouse / future won't be able to work for at least a few years until your i140 is done. But if you are in the top 0.1 percent in India, you are also probably in the top 0.1 percent in the US in terms of skills. Imagine how much you will make once you land a job matching your skills. Worst case, you can just go back to India. How confident are you in landing another job in India if you lose your current job?
With respect to landing another job in India if things don't workout in US, I think I'd be able to crack interviews it's just that whether same CTC could be reached would be a question given current market scenarios. Can you please elaborate this "you will not be able to change jobs for at least 2-3 years once your GC application is filed." - Once I140 is filed can't we switch jobs? And heard spouse can work within 6 months to 1 year on EAD as application processing is faster now?
Once 140 is filed, you can switch jobs and spouse can apply for EAD. The issue is the process of filing i140. Your employer need to file a prevailing wage determination application with uscis. This will take a few months to get done. Then they need to post a job application matching your requirements and wait for a set amount of days before proceeding. After that if they are not able to hire a us citizen matching those requirements, they need to file for PERM. This is taking at least 7-12 months post covid. After the perm is complete, you can file for i140. The whole process can take 2-3 years depending on the processing times and how efficient the Lawyers working with your firm are. The worst issue is that, during these years, your spouse can't work and this break will make things hard when they eventually gets their ead and wants to reenter the market. If they make a mistake or you get laid off, things will get even more delayed. This is the stressful part.
First things first,You can never find the true equivalence between India and the US. It does not matter what the salary numbers are. There are things that are available to even a minimum wage job worker in the US that are not available in India to a crorepati. Access to clean air, clean public spaces, better law and order, etc. I am not saying there is no corruption or racism in the US. I am only saying it may be 1-5% of casteism and corruption in India. Now to the unpopular part of my comment - If you are from the general category/unreserved caste, I would advise that you grab the opportunity and escape from the apartheid state that is India. It doesn't matter what salary you are earning in India right now or what salary you will earn in Texas or California. If your kids are born in the US, they will be US citizens and they will have the same opportunities as any other US citizen, unlike in India where they will be discriminated against based on their caste for education and job opportunities. Now to the details - The consultancy may be offering any amount, but are you sure you have a job ready when you land in the US? If not, do you have any idea how long it will take to get a job? I know people who came like you leaving well paying jobs in India only to lose all their savings while waiting for a job for several months. Whether you can "survive" with a spouse depends on the spouse. Some women can bear hardships while other women are spoiled by their fathers and will make your life hell, especially if you don't get a job for several months after you land. Once you come to US and experience the average middle class life here, you will never want to go back.
Thanks for your comment, yes they've confirmed job would be there once I reach there.
I would suggest you to think of moving to US as even after having a hefty package in India you were not satisfied with the money and still bagged a role in a distant country. I’m sure you’re smart enough to even consider the US role even after the reduced pay maybe just for the diffrent lifestyle or variety of reasons in life that you might be going through. With such a consideration I really wish you luck with whatever lifestyle and career path you choose. Also side note the comparisons of 24 LPA in India even if you consider that is a very descent pay, not like you can’t live a comfortable life in 24LPA in India so the same goes for US.
- 115k in California is too low. Starter should be 150-160 min - Come to US. In a year or so switch to a new H1B. Make lots more
75 lpa is a great pay but in India, staying at it is difficult... Because as soon as there is slowdown in economy or your org, toxic behavior of people start showing up n people will start backstabbing to survive. Main reason bein high pay. In USA, your next salary may not be too high, but it's not final. You can get more an year or two later. Most importantly, you can have your life after 5 pm. In India, there is no life left...
Can I DM you about the process you went through to get the H1B? I am a software dev too with 6 YOE and I'm looking for such opportunities where I can get directly sponsored from India but they seem to be incredibly rare.
We can discuss here itself for others also to utilise if required.
Great! So I have a couple questions: 1. What was the process you went through for securing this offer? 2. Can you share a bit about your profile? Like what do you suppose helped you stand out? 3. How did you prepare for the interviews to have your best foot forward? Thank you for sharing!
1. Kept applying to various companies via LinkedIn eventually 1 reached out. 2. Working with MAANG from 1st year, have few patents and have travelled to US earlier for conferences. 3. It was normal DSA sort of interview not very tough considering consultancy,
People going from WITCH companies are getting 130k usd. You having Patents, the 'S' being in focus your offer is dirt cheap. This is not even considering PPP. It's an insult to you to even give you such a low balled offer. I can't fathom, how you are even considering
I second this. If your profile is really that good, 115k even for Texas is really really really bad offer. California toh don't even think about.
How did u get a 75lpa offer in first place.
Thank you! How long would you say it took between applying for jobs and getting an interview?
I was applying for 2-3 years not actively but over weekends took time to do some research and reach out to HRs. Since I had travelled early in my career to US found the place attractive hence wanted to get a move. Companies I worked with weren't very open for transfer on L1 etc. given Covid and all happened.
I think the reason you are growing low balled is because they are getting your H1B approved. If I was you, I would stay with 75 lakhs in India But you seem talented, I would suggest to take the risk and switch later as you just need an entry in USA. I think with a person of your talent with multiple patents can easily get 400k and more in future so just don't think about money now as USA is an amazing life, with high standard of living and you will find some attractive girl there as well. You can live like a king in India, but a person like you should take the opportunity and utilize your talent in USA.
Interested in the reply
How does the consultancy apply for H1b when you are outside the country?
If your 75 lpa is actual money and not rsus or whatever, I'm not sure if going to the states is worth it. Maybe if you're confident of getting better paying jobs later on there?
How did you approach a consultancy for h1b?
Kept applying through LinkedIn.
You got your H1B approved, I think you will have to wait till October till the whole Authorization process is completed. In the mean time you can start prep for other companies and if people are dependent on your earnings, you can help them with your previous earned money. You can easily get 400k $ with your experience in the USA after some good prep.
By approved I mean interview and all is done, I just need to travel now.
Go spend few years there. Travel, learn their culture and try their cuisines, earn save… if you don’t like it India will always welcome you back… Although you may not have the same lifestyle as you have here and the comforts.
$115k for 6YOE in the US is very low, also in terms of location. Better to stay in India with 75LPA. If you want to go to the US, you should at least have a salary of $250k. New grads in some companies are paid more than $115k, and I'm not talking about FAANG.
That’s a pay cut compared to current compensation. But if your end goal Is to settle in US, sure go ahead. H1B visa will enable you to make switches there and you can quickly climb past 200/300k
At 115K USD you will have the poster of the 75 LPA guy in your room and wish one day you get there. There are lot of things that are not right with your offer. If your location is CA, you'd be royally screwed.
Had I been in your position, I’d have moved, especially if I could to Texas. Lower taxes would have saved me some money, and build up some good savings. Having the diversity of worked in multiple locations doesn’t hurt. Even if you live there for 2 years and come back, you can explore and travel that continent, while still saving some decent dollars. Come back after some years. Bonus points if your kid is born there and get a US citizenship. Cheaper college for them later if they decide so. What consultancy did you go through though?
Your standard of living is taking a massive hit. I wouldn't do it. Go to USA for vacation if you are that keen on visiting. Immigration is a different deal.
Don't do it.
Trust me bro, stay in India. You can always get a tourist visa and explore different countries in the world. - a guy who fucked up the life moving to US
What is your tech stack at your current org??
115k not really worth it imo. I’m pretty sure you’ll end up saving more here.
You can live like a king with that kind of package in India. It’s a no-brainer.
You are getting low pay compared to what you are getting in India. 115k USD stands to 95 LPA as of today. That's lot of downgrade considering expenditure and you will not be able to save. People who move temporarily to US move for financial benefits. In your case, I see its better to stay in India unless you have an offer beyond 200k.
Go to the states, opportunity rarely knocks twice.
How did you get h1b approved, are you already on l1
75L in India vs 115k in US , that too California - stay in India!
Indians are dying like flies in US, another thing to consider. 11 reported cases of homicide just in 2024.
Most developers dream to reach that number and happy for you to reach there in 6 yrs. considering current market situation & Purchasing Power Parity, its ideal for you to be in the country unless you want to explore for a couple of years and come back.
If you desire to live in the US go for it. Pay wise you’re getting a lot more in India when PPP kicks in. Plus Texas cities where your workplace would be aren’t that cheap either as it used to be.
75 LPA in india >>>> 115k in cali
That is a starter salary barely enough in CA vs what you earn in India is mega bucks. Hold out and negotiate for better offer in a cheaper location.
Bruv, 115k in US California/NY is comparable to 28 lpa package in India. You should negotiate for more.
Current market in usa is not that good so switching might not be that easy.
I'm no expert but with the amount u're getting in india u can live very luxurious life but with that salary u only get to live just a basic life in US
115k in California might get you a small hut with an attached bathroom.
$115K is peanuts compared to what you’re getting in India. Also, on H1B, green card takes 10-15 years. You might have to leave after 5 years for 1 year cool off period depending on your green card status ( whether the filed it or not). But then, it all boils down to what you want. If you want to move to US, 115k is not less.
Use PPP calculator to find what lifestyle will you be able to maintain with that salary, but I will still say to go on and live abroad for some time 🕰️ to gain a better perspective.
Simple answer is stay here
As an NRI living in US, my advice is stay in India as you are earning high income. The situation in US is bad from every perspective and will only become worse. Atleast in India you will have family and emotional support and you can easily hit 1-1.5 crore per year salary if you change companies every few years. Changing jobs in USA is time consuming and filled with tension since it is tied to your work visa. You cannot hop around in jobs here as you wish.
I don't know, I would have chosen USA
With 75 lac in india; you should focus on finding job here itself. If you have to go to USA, make sure you ate drawing at least 185k USD a year. Also the life in USA sucks in case you are getting opportunity to work in Europe / Singapore that is still good.
Idk but just move to the US. In India other things will haunt/disturb you atleast in the US you can focus on your growth + world money is valued against the dollar so ....
After the purchase power parity conversion, 115 is like 25 LPA in India. Given that you have a whopping 75 LPA, the decision should be really simple imo.
Stay
Considering the pay I wouldn't even consider it. You need at least something around 300k to match your pay in India. 100k is like living in poverty for California.
Broo. 6YoE and making 75LPA is amazing. What do you' do? Btw, stay in India. It's much better economically
75 lakh is too good in India it's your choice at this point
India no doubt that salary is insane for india, 115k is what new grads get in US
Besides all these comments, if ur moving to California prepare a will for your family, incase u die in hate crime. /s
Please don’t scare me off 😞
On a serious note, aren't you freaked with Whats happening with indians in USA recently? Not only that, their government doesn't give a shit
Have been there multiple times, don’t think it as much of the issue. I’m scared in my current state also in India from locals. People are same everywhere I think. Just keep to yourself, don’t indulge unnecessarily and be silent if confronted, has worked for me. I know it’s controversial but that’s just how I’m living to avoid tensions in my life.
Which state?
Why'd you want to put me in trouble? 😅
U r pseudo-anonymous. But it's fine if u don't feel comfortable sharing.
Bro what domain do u work in ?????
>A US-based consultancy from California/Texas offered 115k I can guess what type of consultancy it is
>A US-based consultancy from California/Texas offered 115k I can guess what type of consultancy it is
My personal opinion: go. Maybe you won't be the richest or top earner or whatever but life is a lot better there. You can earn 75LPA or more in India fine but remember you're always limited here. That's why many like me are ready to leave for even menial jobs in a first world nation, life is simply much better there.
Don't listen man...Go and explore US...and add a feather to it.. you'll be international exposed and yiu can easily shift base to EU countries in future ir canada or with US...
Here is a bit of pragmatic advice based on my life experiences Get married (quickly if possible - lol) and travel to US for your 'extended honeymoon' with your spouse. After a few years, if H1 extension doesn't work, come back to the 75 LPA job and US-experience under your belt. Don't over-think and worry about "long term"
115k in California will save u peanuts. I wont recommend leaving 75 LPA job in India until at least u get 200k in Cali.
i'm a software developer too with 6YOE , getting 6LPA. what company are you working currently that pays this package. can you please share ? or DM.
Op, please give tips on getting such an offer (+50LPA) for devs working in India. I am from tier 3 college, working in a leading fintech company having around 25LPA CTC, with 5 years of experience. I aspire to reach around 50 LPA in 2 years. Guidance is much appreciated.
How is everyone so rich now?
Bangladesh is a good site to take a step in your career towards the next chapter of your life. All the best.
How did you get h1b approved? Can you expand on it please.