The Dark Reality of Indian SALARIES- They CHEATED You! (Ex-BCG, International Affairs Advisor)
ฝัง
- เผยแพร่เมื่อ 2 ต.ค. 2024
- In this video, I'm exposing the dark reality of Indian salaries. As an international affairs advisor and management consultant, I saw first-hand how Indian salaries are often inflated because of hours involved.
If you're thinking of moving to India to work as a consultant or in a similar field, be sure to check out this 1 crore Indian salary scam. I'll show you how the people who are selling you this dream are cheating you out of millions of dollars!
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About Shatakshi-
Shatakshi is Co-CEO of 🚩Global Governance Initiative (MBA program recently featured by Poets & Quants), an Ex- 🚩Boston Consulting Group, BCG, management consultant, a 🚩writer, and former public policy advisor in 🚩Tony Blair Institute for the Middle East region.
She has been also felicitated with The Most Promising Women Leader 2021 award by ET and 🚩Linkedin Top Voice 2021. Her interviews have been published in leading policy and career organizations- Modern Diplomacy, BCG, Poets & Quants, Your Story.
She will be uploading daily content on 🚩career advancement (MBA, consulting) 🚩personal finance, and 🚩productivity hacks. Be sure to subscribe to the channel to get notified whenever she uploads the video
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Hi Satakshi. Timesheets are a joke in most countries. I am Management consultant at a big4 in Australia. We also work 12 hours per day and we bill only 7.5 hours per day. But yes, the compensation is much better even if you adjust it to purchasing power parity.
Plz be frank
Is management consulting the most best work to do as it's been heavily marketed by coaching companies
Plz do share your linkedin profile
I get only 70 rupees per hour. Even after working for long hours I get per day 566 . It is harsh truth and I really feel bad about it.
Im sorry to hear this. Please focus on upskilling and surrounding yourself in good communities. My first salary was 25k/month. All of us start small. Good luck!
@@varshavora9935 there are way many videos in you tube.You can watch from basic that helps you
@@Shatakshi.Sharma Hi shatakshi. Have been watching your videos since long. Can you please make a comparison video between government and private jobs? Not necessarily including IAS only but also some PCS posts such as SDM, DSP, tehsildar, BDO. I have seen many people earning lakhs or settled in US leaving their jobs and preparing for PCS as well. What’s the reason? Please make a video on this. Sincere request 😅😊
Go and work in uber ola
Hi shatakshi. Have been watching your videos since long. Can you please make a comparison video between government and private jobs? Not necessarily including IAS only but also some PCS posts such as SDM, DSP, tehsildar, BDO. I have seen many people earning lakhs or settled in US leaving their jobs and preparing for PCS as well. What’s the reason? Please make a video on this. Sincere request 😅😊
sure :)
My name is madhav I get 10 12th is 76 and 60 percentage currently iam pursuing bacholrs degree in economics hons. From ambedkar University Bihar. If a get 95 percentile in cat did iim abc can call me.
My grade score excepton 70peecent. Did top iim can call me blacik I want strategy consulting in top firm . Ebc male.?
throw some light on other countries' time sheet rate and system. In US and CANADA how this system works ? Is it better there or same ?
Could you please make a INDEPTH video on..
AND YOUR GGI PROGRAM
ELIGIBILITY CRITERIA, PROFILES BUILDING ETC
MPA VS MPP NORMAL AND (ID) VS MIA VS MBA MPA DUAL DEGREE
SALARIES, JOB PROFILE, CONSULTING PROFILES, WORK HOURS
AND CONSULTING PROFILES WHICH HAVE LESS WORKING HOURS Comparatively NORMAL CONSULTING PROFILES LIKE STRATEGY CONSULTANT IN PUBLIC POLICY DOMAIN VS HANDLING CORE CORPORATE PROJECTS...
THANKS 👍🏻
all on global governance initiative seperate youtube channel.
Thanks for exposing the truth satakshi ... I’m from top 10 b schools of India and this is very true .... ctc vs in-hand is as different as Amitabh vs Rajpal Yadav
Glad you resonated !
Are you currently a working professional or looking to transition to a business??
Can you plz share your linkedin profile
So I can get a roadmap how to get in a good b school
How we can overcome if we are facing this in India...
Explore other firms where hours are monitored or become financially independent!
This is the reality in India.....How we can change and cope from these situations in India??
Start a side gig. Become financially independent!
@@Shatakshi.Sharma How much money corpus is needed to be financially independent so that one doesn't ever has to work for somebody again? Would that be Rs 2 crore or so? Also how would you define financial independence?
What do you think about going to the West (like Canada), working and coming back to India after saving say Rs 2 crore? Is that a good corpus to be financially independent in India where one doesn't have to work & participate in this exploitative work system again?
Its a good move from experience gaining stand point also. The exploitation is relatively less there. But I am not sure if 2 Crore can actually make you financially free, but of course one needs to compute how much our your annual expenses and future investments!
I love your smile
Will I Get A Call From IIMs Without any Work Experience?
Well said
Thanks!
Really informative video Shatakshi. You're clearly earning well because do you know how expensive makhana is bro 💀💀
Hello ma'am
I have done chemistry hons.
I appeared for cat, but I did not clear it. Should I join an average b school or should I apply for a job?
Ma'am could you suggest what kind of jobs I can apply for?
Work for few years
Don't rush your MBA.
What is your profession and how you achieved it
Work should be for Four Hours only per Workweek
Hello. I wanna find boutique consulting firms in India but can't get one.
Please help!!
Research consulting firms on linkedin and google in India.
Thank you mam for sharing.❤
:)
Even if u know about all this no one will go against the company on this bcoz there is always someone who is ready to replace you
yes, unfortunately. but this will change slowly!
Hi Satakshi, I've been watching a bunch of your videos for some time and I wanted your opinion on something. I am currently preparing for mba entrance exams and I am getting not the best colleges but above average ones from the exams I have given, with the median salary around 12-15 lpa ctc mostly. I'm thinking of taking a drop again next year since I want to do an mba from only one of the top institutes. I'm a fresher and I finished my bachelors in 2021. What's your advice?
I concur. Looking back you shouldn't have regrets. Give it one more year, if you are not in a rush :)
@@Shatakshi.Sharma Thank you so much, Also I have one more simple question if you don't mind, do gap years matter?
Great video, but the problem with HR'S in India is they are not willing to negotiate salary on basis of number of hours actually worked and now a days in service based companies they have created some sort of hypothetical barrier or bar for the upper limit of salary.
unfortunately yes!
Hello Shatakshi;
Could you make a video for roadmap for CA and CA students to get into Management Consulting?
The fundamentals of getting into consulting dont change whether you are CA, doctor or engineer. I have made a detailed 20 min featured video on my channel. Feel free to check. Good luck :)
Can you please tell me about ibs hyderabad college is it worth doing mba there? Should i join this or not?
I havnt heard about alums doing great from there. Check what their alums do on linkedin. Good luck.
Can you make a video about moving to the UAE? It feels like a quite good option for everyone in India
sure. can consider!
🙏 101% I do agree.
Hi Shatakshi , Can we actually try negotiate for a hourly rate with our recruiter in India ? Does any company Follow it or completely new thing in India
Freelancers follow it. New age startup founders who care about employees wellbeing will bring this change. But it will be slow.
That's very TRUE no company in India tells about hourly rate
Unfortunately yes!
Hello Ma'am
The content you are creating is Absolutely Good. Just wanted to ask 1 thing. I have gone through the GGI website & it is saying that last date for applications is 1st july 2022. So the applications for next batches will be open next year?
This may be old form. The updated form has correct dates. Can you tell me from which section on website did you find this form. Ill guide my team to remove it also
@@Shatakshi.Sharma share your LinkedIn profile
Good point buddy
Hi Shatakshi, thanks for making this video! The connecting point for me is migraine :D I still struggle with that and I want to build my life around me and not the other way around. I have worked in US and I guess India doesn't have concept of hourly rate to indirectly promote overworking ourselves! I'm a PMO who earns less than peanuts, looking into Project Management and Management Consultant. Which can provide good pay and wfh ? Is Management Consulting too taxing on health ?
Management consulting can be taxing. But it does wonders to your career in terms of learning and exit opportunities.
@@Shatakshi.Sharma Product management at a good product company I hear beats consulting with better work life balance and somewhat equivalent pay. Many consultants & finanace professionals themselves are trying to pivot into this role (sometimes with the help of an MBA).
Very insightful
Should we migrate to usa or Canada ?
I had a great time in US. Through hours can be bad there too with no hourly salary!
@@Shatakshi.Sharma I think Canada offers hourly rates and good work life balance. Though the compensation in US tends to be more lucrative than Canada.
You are the only lady I found with brains in the whole IT industry in India.
Subscribing your channel was the best decision.
I soon want to take a program at GGI.
Shatakshi, is there a possibility to get into UN or such intergovernmental orgs after GGI?
There are few who got in. But we dont give guarantees. Even Harvard Kennedy School doesnt give that. If only UN and multi lateral is your mandatory goal, then I wouldnt suggest GGI.
@@Shatakshi.Sharma Thanks for the genuine insights
Hi Shatakshi! Thank you for providing us with such insightful content. I wanted your suggestion regarding certain things. I am a Biological science graduate and currently I am working in a Public Sector Bank. But it has always been my kind of dream to work in international organizations like UN, IMF. What do you suggest? Should I go for Masters in Public Policy?
Yes. From top US MPP colleges only!
@@Shatakshi.Sharma Thank you for u response! Could you suggest me some profile building activities that will help me secure admission to the MPP program?