In India, the government doesn't tax the unorganised sector. Among the rest, business class gets the opportunity to pay minimum or low tax whereas the salaried class has to pay the maximum tax without any other alternatives. On top of that, low or no salary hike from the employers with no job security in case of private jobs.
The reality is cab drivers plumbers electricians technicians are earning more money than us.... I know there are cab drivers who are paying an EMI of 50000 per month... Having a good job still I am struggling to pay 15000 EMI.... reality
The same happened when we joined workforce. Cab drivers made more money. But we live a better life now Worry about technology you learn and get away from these demotivating channels and rascals who got fired cause they were good for nothing
@@anujmonty9175 Logo ko lagta hai ki vo khud hi sabse jyada mehnat krte hein, unko dusro ki struggles aur hardwork nhi dikhai deta. Agar sirf aur sirf mehnat krne se hi sab rahis banjate toh shayad kamwali aur construction krne wale majdur ambani aur adani se jyada rahis hote! Kyunki inko kitna ragda ragda k kaam liya jata hai ye kisi se chupa nhi hai! Hardwork k sath luck[Bhagya] bhi chahiye hota hai, sirf hard work karne se hi log rahis nhi banjate and at the same time, sirf bhagya ke bharose baithne se bhi log rahis nhi banjate, so please resist yourself from making such comments!
The ladies tailor earns Rs 2000 per suit of stitch a ladies suit. Drainage cleaner charges Rs 1000 for Drainage claen. IT people have become worse than the Drainage cleaner because the manager doesn't even approve Rs 300 shift allowance for working on holiday. Those people live life with dignity and IT professional are expected to be quiet even after being insulted.
If you think IT this is of lower dignity then go do that cleaners job. Middle class always keeps complaining and does not take responsibility of changing their fate
@@LuckyIndian7 don't expect government will do anything, on top of that government made a trap jail like uan number in which all companies pf account gets linked, if anyone live company due to harassment and dont get any relieving letter, you will not get any job in future.
I don't think drainage or bathroom cleaners are better then IT. I hope you know about no broker. I talked with some of the workers from that and they get very little amount.
sir - I am an engineer from late 70s from OU. I have consciously taken a decision in not pushing my son into engineering and i let him pursue his own career path. no heavens will fall on earth if one does not do engineering from IITs or an MBA from IIMs etc. The entire percentage of students who are out of IITs and IIMs is so minuscule or rather the other way - the non IITs and IIMs are in large numbers and are still able to make a living. yes dream cars, houses may not be in reach, but if all aspire for such a life style where does one end his "dreams". everyone [parents included] are running after excessive money or monetary goals and in the process the children are not able to live a normal life. maybe i am wrong, but money is important but not end all. regards
One should only go into engineering if you WANT to be an engineer. There are much better paths to make a lot of money unless you start you own engineering company or invent a product or service. I’ll never understand why anyone would go into engineering if they don’t enjoy the subject. I know some of these “engineers” and they don’t even think like engineers… most of them don’t “engineer” anything and can’t even change their own cars oil.
@@princeofheaven19 I’m just saying these are mechanical engineers with literally no engineering inclinations. Real engineers are curious and and grew up taking things apart and building things. But some just go to engineering school because they are told that an engineering degree or medical degree are signs of success and wealth, and then complain that they’re not making money so they just take on middle management jobs. My point is, a parent should only encourage engineering or medical school if the kid has natural interest or inclinations, not just to get a job and appear “successful”. If you just want a good income and dont care how you get it, there are MUCH easier ways than by getting an engineering degree.
Nowadays it has become trend to showcase jobs as low grade. I am 35 years old working in IT industry. I respect this field and job because, I come from lower class family from hyderabad. I bought a flat, built an independent house and have 2 plot and I have only 15L homeloan on my flat and it's all from my job earnings. It all depends on how you manage your salary from the beginning of your career. I always believed in living below my means...
IT Employees needs to come together against exploitation. Indian middle class should come out mediocrity. We are loosing our power as a vote bank. India has 6 million IT Employees, we need a common platform.
Real estate, cabwala,housemaid, sabjiwala,schools and other service providers are real money makers. After spending most of life in metro, came back, never pushed my son, son doing small business, bodybuilding, enjoy with friends,happy with parents, his kids taken care of, good life.
TBH, the bigger challenge than salary indexation is job security. Rather than looking for a field that has good hikes, the priority should be to identify a field that has long-term employability.
TBH, inflation is also not a right indicator. They say inflation is only 8%, but you certainly know that the prices on goods and services increased by double digits. So, people are actually drawing lesser salary than the previous year, when adjusted to the the increase in prices
Nice thanks for bringing out the reality of the corporate, i personally feel the complete Job Culture/structure needs a revamp... it should be beneficial for both companies and people working for, and should completely eliminate the 9 - 5 working system.
Join new company with acquired new skill is an issue itself. Most companies see if we have relevant work ex in the 'new skill'. Doing a certification or gaining theory knowledge again puts us in the fresher bracket itself...if anyone faced same issue, or know the way lets discuss
depends how desperately the company wants your skills. you will have to fake it till you make it.very small companies dont do background checks. so your best bet is to train up and apply and not talk about your past experience. spent 3 or more years gaining experience in a salary close to your previous and switch with the actual exp.
@@LuckyIndian7 he must be doing some black business, I know regular retailers in Hyderabad who barely make ends meet after interest payments and payment to wholesaler
The one good (but indirect) takeaway from this video is to take control of your career. Never depend on any job or company more than a limit, how much ever sweet promises they might give you. That's by focusing on improving your own skillset and marketability, and viewing the job as just a tool to do this (so, any time, you have other competing employers wanting to hire you). Also, it's very important to create a second or third income stream so that you can reduce your own financial dependency on the job as much as possible.
My experience with content writing, video creation and notes creation is that ; this is extremely laborious and time consuming and hours and hours of work, expertise, patience and perseverance is needed.
Yes, Pavan. I am interested in content rewriting Or EVEN in content drafting - meaning that the thoughts remain yours and I provide compelling and persuasive words to express them in.
Congratulations on 100k Subscribers Pavan! You've come a long way in TH-cam and its fascinating to see your journey from your very first videos about MBA and business analyses. Wish you all the very best for your future endeavors! 🎉 Great video as always, I do agree with you on keeping up with the trends to stay relevant in the corporate world. In my opinion, as long as we create value we can ensure a steady source of income no matter which field we are working in.
Degrading jobs have become normal nowadays.. I am from a very poor family and working in IT for past 7+ years.. It helped me set tha base for my family.. I have built my home and living comfortably.. Upskilling and staying relevant is the key in IT.. If you are relevant and keep upskilling the in demand technologies, there are lot of companies who are willing to pay the compensation you want.. Moreover getting into business is something which not everyone can do right away.. All those middle class families in India, who don't even have a proper living cannot go to doing business right away.. They need some comfortable living first and then take calculated risk.. So if you have the right skills companies are willing to pay more than you expect.. I have personally experienced it myself..
One more problem in society is tht, if a man does jobs like delivery boy or ola uber driver or something like tht, he wuld b labelled as loser, there's a stigma to it...(Bt girls r seen Victorious regardless of what she does btw)... That's also a problem
That’s because these women are entering into entirely male dominated fields and suffer challenges at home, on the streets and from their bosses that you will not understand.
Techies don't create wealth because of financial illiteracy and lack of temperament. They get a salary and decide to splurge. They don't develop investing habits. The only way to wealth is to invest in inflation beating assets. Even with a low salary, good wealth can be created but frugal living is necessary in the beginning and then increase the living standards as the invested wealth increases. Unfortunately, most techies follow expensive lifestyles as if they'll get a salary forever. Fun fact: Investment in land, flat and chit funds are stupid ways to create wealth. Equity is the best medium for long term wealth generation.
Sir iam a 41 years old working in a corporate for last 10 years suffering from this less hike issue ...non technical background can make career in AI pls suggest..what I need to do
Don't suggest anything for a person from non IT background data science is very hard also at the age of 41 sir I will suggest you to start your own business that would be better@@Dj-nk7wb
When a company is unable to offer a 15% salary increment year after year, it is advisable to consider moving to another company. Similarly, it's important to acknowledge that if an employee's performance is lacking, the company may also decide to terminate their employment. It's crucial not to mislead individuals in the IT industry by overly emphasizing the value of switching companies. This industry, perhaps more than any other, highly values its workforce. However, frequent transitions between companies shouldn't be encouraged without careful consideration. Such behavior has significantly contributed to the decline of actual coding among developers in India. Many begin by switching jobs frequently, eventually moving into managerial positions, and ceasing to code. It is well-understood that only those with extensive experience and stability can develop high-quality applications. I am also part of this industry and never advise people to switch companies solely for an increase in CTC (Cost to Company).
People should change the mindset according to the current situation, a job is not to survive our life but it should be to take us out from the matrix. Start working early like start at the age to 20 and start saving as much as we can adn till 30 should have a good bank balance so that if we would feel not good in our current job then we can leave and switch the job easily
Working as a SAP Consultant role with having 2+ years experience with 3LPA package is very difficult now a days in market, as per company standards this salary which I am getting is underpaid , but how do I change to get more than 10LPA package jobs
The employed class has to think as they are profoundly taxed. Most salary goes to taxes but the facilities given by government are less. We should vote sensibly. Not just like previous elections. Inflation is going to hit middle class badly.
Hi Pavan, This comment is for the toxic work place video Appreciate your content. I have another perspective as well. Types of Pressure (Pressure that we put on ourselves and Societal pressure) can be changed very much easily as we work on ourselves which constitutes only a few percentage in the overall pressure. But, the majority of it is the pressure that leaders put on us by giving almost impossible deadlines and promising to clients about early completion of work (Most selfish Leaders). I think a good product based companies in India have better work life balance and much more happier work environment (Based on my Friends at Product based companies). As we bash the leaders on one hand, its important to note that as an employees everyone should do their work sincerely without wasting time on a longer breaks, unnecessary chit chats and not complaining about Monday Blues or Early winding up of work at Friday. I don't think so this work culture will heal anytime soon as even if there is a massive protest because there are lot of people who are ready to work more than 12 hours in a Service/Consulting based companies Thoughts?
Pavan in my past I had applied to more then 2000 companies by cold email and attracted them through my LinkedIn post. And believe me the results are amazing. And NOTE majority of my work is done by the use of AI. So if you want someone to work with you as a team I might be the one. NOTE this comment was personally written by me not the AI .
Salaried Indian work , life and tax balance ..!! Total working years 40 Tax paid (direct + indirect) 40% Home loan tenure of 20 years with 50% salary as EMI Number of years work for tax 16 years Number of years for match box house in slum city like mumbai emi 10 years, for taking care of parents health and kids education it take 5 to 6 years CTC. Daily spent 4 hours avg in travel so total number of years in travel 4 years ( assuming 5 days week ) actual life for self = 40-(16+10+4+5) = 05 years only!! that to be with zero social security and infinite stress tension and anxiety ... !! my own view might be wrong !!
Problem is no social security for tax payers unlike Europe… and we are not creating enough jobs vs supply of graduates .. government considering Zomato delivery boys and reel making as jobs too
What is the Cost per employees these MNCs charge as service provider is 10 times the amount they pay to their employees as wages . The rest is direct profits for them . The only thing is they manage to get the Contracts world over
Those who sya their job is slavery are jus insulting the millions who struggle to make a living or in past where victim of Actual slavery. You have a Choice. Quit if u can't handle ur job
Those who are in 45 working class (I am considering IT and other engineering only )they have to work till death else starve unless u have mechanism of printing money :) outside of job no HR will give that moonlight permission employer is privileged to do anything including treating employee as coolie and pay peanuts :):):)
here the host has presented his views and data on the indian it services industry. But he hasn't presented his views on product it industry. People earn way too much in the indian product it industry.
Hello sir small request when you are performing in tube media pls stick to the point what you want to convey .seems like you are doing corporate presentation.
@@shivakumar-go7vwgrow your own food..have self sustainable living... Start a side income idea..try small business in your home town.. remember jobs are just wage slavery there was no 9-5 job slavery 300 years back.. people were doing business through trade amongst themselves and people were doing only agriculture..banks give loans to big corporations..big corporations build something for the customers and sell it.. government make sure all the rules and regulations favouring the rich elites..now who are the customers? We are..if we stop promoting these foreign brands and start a self sustainable living..these greedy corporates will eventually fall and people will start realising they don't need to depend on 9-5 jobs for survival..
@@LuckyIndian7 all my relatives are doing software jobs excet me iam an degree failure.. Iam leading my life as an 12 k rupees per month how toxic my situation in my relatives🥲🥲softwares earning laks of money...
this settling in or building career in software industry is a myth. gone are those years wen IT jobs r on demand. ther r lakhs of engineers out ther competing u. thers literally rat race and no guarantee of job or no job security. and now the fears of AI ! traditional businessmen are doing well financialy as wel as mentally than an average software employee. and if u see any software MNCs 90% engineers are indians . people in US r running the businesses and indians r working under them. we are missing our culture tradition and everything in the course of this journey. as in day in day out we speak english and english only foegetting our mother tongue. now its time we need to turn over the tables. lets enter into either businesses and entrepreneurship if u hav good ideas. getting a job must b the last option and not the dream.
To those who say, he or shw took risk n bla bla bla bullshit.... emp also is giving time, efforts, hard work and spend millions to get education n opt for a job... Tht a also a risk and an investment b--ch....
In India, the government doesn't tax the unorganised sector. Among the rest, business class gets the opportunity to pay minimum or low tax whereas the salaried class has to pay the maximum tax without any other alternatives. On top of that, low or no salary hike from the employers with no job security in case of private jobs.
True these mf sweet shops ,snack shops etc earn like crazy .
So why didn’t you write UPSC/SPCS .. if pension was so important
Work for 70 hours a week so that your boss can gift his 4 month grandson millions.
We are bonded labor and work for the matrix. They are the matrix
True
Bro i literally comments this in last video 😂😂
Good 😂one
This hits really hard. Nothing against the employers, but u can't exploit ur employees like that.
The reality is cab drivers plumbers electricians technicians are earning more money than us.... I know there are cab drivers who are paying an EMI of 50000 per month... Having a good job still I am struggling to pay 15000 EMI.... reality
abe gareeb to tu bhi mehnat krna
Very true , easily these repairman earns 1.5-2L per month tax free.
The same happened when we joined workforce. Cab drivers made more money. But we live a better life now
Worry about technology you learn and get away from these demotivating channels and rascals who got fired cause they were good for nothing
Sure sir... after seeing ur message I am motivated..😂@@anujmonty9175
@@anujmonty9175 Logo ko lagta hai ki vo khud hi sabse jyada mehnat krte hein, unko dusro ki struggles aur hardwork nhi dikhai deta. Agar sirf aur sirf mehnat krne se hi sab rahis banjate toh shayad kamwali aur construction krne wale majdur ambani aur adani se jyada rahis hote!
Kyunki inko kitna ragda ragda k kaam liya jata hai ye kisi se chupa nhi hai!
Hardwork k sath luck[Bhagya] bhi chahiye hota hai, sirf hard work karne se hi log rahis nhi banjate and at the same time, sirf bhagya ke bharose baithne se bhi log rahis nhi banjate, so please resist yourself from making such comments!
The ladies tailor earns Rs 2000 per suit of stitch a ladies suit. Drainage cleaner charges Rs 1000 for Drainage claen.
IT people have become worse than the Drainage cleaner because the manager doesn't even approve Rs 300 shift allowance for working on holiday. Those people live life with dignity and IT professional are expected to be quiet even after being insulted.
time for you to become a ladies tailor or drainage cleaner
If you think IT this is of lower dignity then go do that cleaners job. Middle class always keeps complaining and does not take responsibility of changing their fate
@@lhxperimental I can't because I need white collar job. Government needs to do something for minimum wage of IT professional
@@LuckyIndian7 don't expect government will do anything, on top of that government made a trap jail like uan number in which all companies pf account gets linked, if anyone live company due to harassment and dont get any relieving letter, you will not get any job in future.
I don't think drainage or bathroom cleaners are better then IT. I hope you know about no broker. I talked with some of the workers from that and they get very little amount.
sir - I am an engineer from late 70s from OU. I have consciously taken a decision in not pushing my son into engineering and i let him pursue his own career path. no heavens will fall on earth if one does not do engineering from IITs or an MBA from IIMs etc. The entire percentage of students who are out of IITs and IIMs is so minuscule or rather the other way - the non IITs and IIMs are in large numbers and are still able to make a living. yes dream cars, houses may not be in reach, but if all aspire for such a life style where does one end his "dreams". everyone [parents included] are running after excessive money or monetary goals and in the process the children are not able to live a normal life. maybe i am wrong, but money is important but not end all. regards
Thats a great insight sir , young minds should understand this particular point 😢
You are one exception in parents from the Telugu states of ap and ts
One should only go into engineering if you WANT to be an engineer.
There are much better paths to make a lot of money unless you start you own engineering company or invent a product or service.
I’ll never understand why anyone would go into engineering if they don’t enjoy the subject. I know some of these “engineers” and they don’t even think like engineers… most of them don’t “engineer” anything and can’t even change their own cars oil.
@@ROVA00 changing oil is done by a mechanic not an engineer unless you work on project cars like sae etc
@@princeofheaven19 I’m just saying these are mechanical engineers with literally no engineering inclinations. Real engineers are curious and and grew up taking things apart and building things. But some just go to engineering school because they are told that an engineering degree or medical degree are signs of success and wealth, and then complain that they’re not making money so they just take on middle management jobs.
My point is, a parent should only encourage engineering or medical school if the kid has natural interest or inclinations, not just to get a job and appear “successful”.
If you just want a good income and dont care how you get it, there are MUCH easier ways than by getting an engineering degree.
Nowadays it has become trend to showcase jobs as low grade. I am 35 years old working in IT industry. I respect this field and job because, I come from lower class family from hyderabad.
I bought a flat, built an independent house and have 2 plot and I have only 15L homeloan on my flat and it's all from my job earnings.
It all depends on how you manage your salary from the beginning of your career. I always believed in living below my means...
Totally agree. People just cry over what they don't have. The grass is always greener on the other side.
But property prices are high now. Even if they earn more than 80k per month, one cannot buy a flat in Hyderabad with his earnings..
@Fhdhd-mx4kb There should be no race to buy house. The problem today is people want everything at the earliest stage
Yes, I love my IT job I am still doing WFH and can even say I am having good work life balance better than govt jobs with way more salary.
@@ambition4195which company?
IT Employees needs to come together against exploitation.
Indian middle class should come out mediocrity.
We are loosing our power as a vote bank.
India has 6 million IT Employees, we need a common platform.
Lol no 😂
Only 6 million? I definitely think it's more than that. Like 100 times more
Real estate, cabwala,housemaid, sabjiwala,schools and other service providers are real money makers. After spending most of life in metro, came back, never pushed my son, son doing small business, bodybuilding, enjoy with friends,happy with parents, his kids taken care of, good life.
TBH, the bigger challenge than salary indexation is job security. Rather than looking for a field that has good hikes, the priority should be to identify a field that has long-term employability.
6:45 that is one of the worst blunder we make. If you are going to do something then don't speak about it to an HR.
I have noticed a few companies fire employees because of non-disclosure. Hence being safe!!
TBH, inflation is also not a right indicator. They say inflation is only 8%, but you certainly know that the prices on goods and services increased by double digits. So, people are actually drawing lesser salary than the previous year, when adjusted to the the increase in prices
i have been feeling this since 2016, but no one realy understand this logic. 😒😒
@@rahul_vasishtha Most people are dumb, despite higher educational qualifications
Nice thanks for bringing out the reality of the corporate, i personally feel the complete Job Culture/structure needs a revamp...
it should be beneficial for both companies and people working for, and should completely eliminate the 9 - 5 working system.
Join new company with acquired new skill is an issue itself. Most companies see if we have relevant work ex in the 'new skill'. Doing a certification or gaining theory knowledge again puts us in the fresher bracket itself...if anyone faced same issue, or know the way lets discuss
depends how desperately the company wants your skills. you will have to fake it till you make it.very small companies dont do background checks. so your best bet is to train up and apply and not talk about your past experience. spent 3 or more years gaining experience in a salary close to your previous and switch with the actual exp.
Not to mention that vegetable sellers and workers can easily afford domestic flight and IT professional think of going by train to advance booking.
Vegetable sellers are not yet rich enough for that, there is no enough margin
@@princeofheaven19 I know vegetables seller in Pune who bought 2 apartments during covid. All cash no loan
@@LuckyIndian7 he must be doing some black business, I know regular retailers in Hyderabad who barely make ends meet after interest payments and payment to wholesaler
Be a vegetable seller then. I don't understand why people just keep cribbing. Get up and do whatever you think is better.
Local tailors ,repairmens , mechanics in Tier-1 cities are earning like crazy that too tax free .
Then Learn some Basic Stuffs
Amazing way to conclude - Its not about work hard its about expanding thought process. Thanks for such thoughtful video.
Put your heads down and start that side gig of your own while using your job to pay your bills
Save & invest 40% of your income in index funds and see the magic. It just takes a decade.
The one good (but indirect) takeaway from this video is to take control of your career. Never depend on any job or company more than a limit, how much ever sweet promises they might give you. That's by focusing on improving your own skillset and marketability, and viewing the job as just a tool to do this (so, any time, you have other competing employers wanting to hire you). Also, it's very important to create a second or third income stream so that you can reduce your own financial dependency on the job as much as possible.
Good information Mr.Pavan!
My experience with content writing, video creation and notes creation is that ; this is extremely laborious and time consuming and hours and hours of work, expertise, patience and perseverance is needed.
Yes, Pavan.
I am interested in content rewriting
Or EVEN in content drafting - meaning that the thoughts remain yours and I provide compelling and persuasive words to express them in.
Congratulations on 100k Subscribers Pavan! You've come a long way in TH-cam and its fascinating to see your journey from your very first videos about MBA and business analyses. Wish you all the very best for your future endeavors! 🎉
Great video as always, I do agree with you on keeping up with the trends to stay relevant in the corporate world. In my opinion, as long as we create value we can ensure a steady source of income no matter which field we are working in.
Thanks man! You are one of the very few commenting on my videos since the start! Grateful and your support also goes a long way!!!
Good points u have highlighted to awake all ,,, thanks
Great Video. Thank you for posting.
Degrading jobs have become normal nowadays.. I am from a very poor family and working in IT for past 7+ years.. It helped me set tha base for my family.. I have built my home and living comfortably.. Upskilling and staying relevant is the key in IT.. If you are relevant and keep upskilling the in demand technologies, there are lot of companies who are willing to pay the compensation you want.. Moreover getting into business is something which not everyone can do right away.. All those middle class families in India, who don't even have a proper living cannot go to doing business right away.. They need some comfortable living first and then take calculated risk.. So if you have the right skills companies are willing to pay more than you expect.. I have personally experienced it myself..
Consider Private Banks also, now the govt banks give more salary than private banks, they give lower than inflation hikes for years....
One more problem in society is tht, if a man does jobs like delivery boy or ola uber driver or something like tht, he wuld b labelled as loser, there's a stigma to it...(Bt girls r seen Victorious regardless of what she does btw)... That's also a problem
That’s because these women are entering into entirely male dominated
fields and suffer challenges at home, on the streets and from their bosses that you will not understand.
IT people should make an union for exploitation
I think government should make strict employees laws like companies should increase at least 8-10% salary hike compulsory every year
Great content 💯 🔥
Only way you can break middle class trap is having equity ie business.
This vedio should have been made 50 yrs ago itself informing all traps
If you are belonging to Middle class Family..then first go for the Job & Start for new Startup Like content creation,web development, bloging etc...
Definitely
Techies don't create wealth because of financial illiteracy and lack of temperament. They get a salary and decide to splurge. They don't develop investing habits. The only way to wealth is to invest in inflation beating assets. Even with a low salary, good wealth can be created but frugal living is necessary in the beginning and then increase the living standards as the invested wealth increases. Unfortunately, most techies follow expensive lifestyles as if they'll get a salary forever.
Fun fact: Investment in land, flat and chit funds are stupid ways to create wealth. Equity is the best medium for long term wealth generation.
Are you serious..get permission from HR for moonlighting...?😅😅
Tcs is giving only 7-8% for top performers on average..... 12 15% maybe only for top performer for GET employees... Managers hardly get 3% hike....
Is TCS really giving 7 to 8% hike?
In electronic city , the laundry guy runs his shop. That individual happily earns 1L per month
Sir iam a 41 years old working in a corporate for last 10 years suffering from this less hike issue ...non technical background can make career in AI pls suggest..what I need to do
Learn Basic Data Science from TH-cam about AI
Don't suggest anything for a person from non IT background data science is very hard also at the age of 41 sir I will suggest you to start your own business that would be better@@Dj-nk7wb
When a company is unable to offer a 15% salary increment year after year, it is advisable to consider moving to another company. Similarly, it's important to acknowledge that if an employee's performance is lacking, the company may also decide to terminate their employment. It's crucial not to mislead individuals in the IT industry by overly emphasizing the value of switching companies. This industry, perhaps more than any other, highly values its workforce. However, frequent transitions between companies shouldn't be encouraged without careful consideration. Such behavior has significantly contributed to the decline of actual coding among developers in India. Many begin by switching jobs frequently, eventually moving into managerial positions, and ceasing to code. It is well-understood that only those with extensive experience and stability can develop high-quality applications.
I am also part of this industry and never advise people to switch companies solely for an increase in CTC (Cost to Company).
The policies favour the corporates. They are give loan write off, reduction in corporate taxes.
People should change the mindset according to the current situation, a job is not to survive our life but it should be to take us out from the matrix. Start working early like start at the age to 20 and start saving as much as we can adn till 30 should have a good bank balance so that if we would feel not good in our current job then we can leave and switch the job easily
Sometimes i wonder "if you can" then go to europian or other such countries to pursue career and making money. In india it is very difficult.
Thanks for the video sir. Sir what base (money) is enough to move back to India ?
Working as a SAP Consultant role with having 2+ years experience with 3LPA package is very difficult now a days in market, as per company standards this salary which I am getting is underpaid , but how do I change to get more than 10LPA package jobs
Switch 2 comapnies in 2 years
3 lpa highly underpaid bro
Switch companies in every 1.5 years
Hey Pavan, really nice video! I was wondering if i can help you edit your videos and also make highly engaging shorts out of them.
Editing team is set buddy. Do send the short whatever you can make out of this and if it works - we can send. You can email me Pavan.nitrkl@gmail.com
The employed class has to think as they are profoundly taxed. Most salary goes to taxes but the facilities given by government are less.
We should vote sensibly.
Not just like previous elections. Inflation is going to hit middle class badly.
Hi pavan could provide more information how can IT guy can transition to EV sector
Hi Pavan, This comment is for the toxic work place video
Appreciate your content. I have another perspective as well. Types of Pressure (Pressure that we put on ourselves and Societal pressure) can be changed very much easily as we work on ourselves which constitutes only a few percentage in the overall pressure. But, the majority of it is the pressure that leaders put on us by giving almost impossible deadlines and promising to clients about early completion of work (Most selfish Leaders). I think a good product based companies in India have better work life balance and much more happier work environment (Based on my Friends at Product based companies). As we bash the leaders on one hand, its important to note that as an employees everyone should do their work sincerely without wasting time on a longer breaks, unnecessary chit chats and not complaining about Monday Blues or Early winding up of work at Friday. I don't think so this work culture will heal anytime soon as even if there is a massive protest because there are lot of people who are ready to work more than 12 hours in a Service/Consulting based companies
Thoughts?
Definitely
Some people avoid changing higher position... The explaination is they will lose there sleep with added duty and meetings
Even top performers got only less than 5% this year.
Pavan in my past I had applied to more then 2000 companies by cold email and attracted them through my LinkedIn post. And believe me the results are amazing. And NOTE majority of my work is done by the use of AI. So if you want someone to work with you as a team I might be the one. NOTE this comment was personally written by me not the AI .
Salaried Indian work , life and tax balance ..!!
Total working years 40
Tax paid (direct + indirect) 40%
Home loan tenure of 20 years with 50% salary as EMI
Number of years work for tax 16 years
Number of years for match box house in slum city like mumbai emi 10 years, for taking care of parents health and kids education it take 5 to 6 years CTC.
Daily spent 4 hours avg in travel so total number of years in travel 4 years ( assuming 5 days week )
actual life for self = 40-(16+10+4+5) = 05 years only!!
that to be with zero social security and infinite stress tension and anxiety ... !! my own view might be wrong !!
I am interested in the opportunity you mentioned in the video.
Problem is no social security for tax payers unlike Europe… and we are not creating enough jobs vs supply of graduates .. government considering Zomato delivery boys and reel making as jobs too
7:23 interested in content rewriting exercises!
I have been in TCS for the last 14 years and the average salary hike is 2-3 %. Max a top performer hike is 7%......
Why don't u switched?
What are the career / earning ways?
What is the Cost per employees these MNCs charge as service provider is 10 times the amount they pay to their employees as wages . The rest is direct profits for them . The only thing is they manage to get the Contracts world over
It’s only survival for all of us
Those who sya their job is slavery are jus insulting the millions who struggle to make a living or in past where victim of Actual slavery. You have a Choice. Quit if u can't handle ur job
Yes. We are deceived.
The video isn't what the title says😂😂😂
Those who are in 45 working class (I am considering IT and other engineering only )they have to work till death else starve unless u have mechanism of printing money :) outside of job no HR will give that moonlight permission employer is privileged to do anything including treating employee as coolie and pay peanuts :):):)
here the host has presented his views and data on the indian it services industry. But he hasn't presented his views on product it industry. People earn way too much in the indian product it industry.
Same salary for freshers for long time
Good post
Hello sir small request when you are performing in tube media pls stick to the point what you want to convey .seems like you are doing corporate presentation.
Sir What are carrer options after bsc in economics
Anyone earning 9-5 can retire by 45 with crores in account
Job is waste
Then what should we do?
@@shivakumar-go7vwgrow your own food..have self sustainable living... Start a side income idea..try small business in your home town.. remember jobs are just wage slavery there was no 9-5 job slavery 300 years back.. people were doing business through trade amongst themselves and people were doing only agriculture..banks give loans to big corporations..big corporations build something for the customers and sell it.. government make sure all the rules and regulations favouring the rich elites..now who are the customers? We are..if we stop promoting these foreign brands and start a self sustainable living..these greedy corporates will eventually fall and people will start realising they don't need to depend on 9-5 jobs for survival..
@@shivakumar-go7vwin my area ladies tailor earns Rs 2000 per stitch and travels to Dubai for vacations
@@shivakumar-go7vwmanager not even give 300 rupees shift allowance
@@LuckyIndian7 all my relatives are doing software jobs excet me iam an degree failure.. Iam leading my life as an 12 k rupees per month how toxic my situation in my relatives🥲🥲softwares earning laks of money...
Pvt job is okay for 3 to 4 years.
You need to jump jobs . Or negotiate like a tiger .
Who believes working for someone eles will make them rich?
Steady investments into your 401k will assist with retirement.
A steady income at best.
log 20 hzar mhina ni kma re inko hike ki pdi h
1000 $ a month for one hour a day work ?
All you need to know is the right people on-site!
Job not good we should start starting business
this settling in or building career in software industry is a myth. gone are those years wen IT jobs r on demand. ther r lakhs of engineers out ther competing u. thers literally rat race and no guarantee of job or no job security. and now the fears of AI ! traditional businessmen are doing well financialy as wel as mentally than an average software employee. and if u see any software MNCs 90% engineers are indians . people in US r running the businesses and indians r working under them. we are missing our culture tradition and everything in the course of this journey. as in day in day out we speak english and english only foegetting our mother tongue. now its time we need to turn over the tables. lets enter into either businesses and entrepreneurship if u hav good ideas. getting a job must b the last option and not the dream.
Are you selling AI course they this video . That’s not a solution . It’s another trap for the IT ecosystem
Me bhi padhai chor ke motivation video or Ponzi course sell karunga
Cut your expenses and live.
To those who say, he or shw took risk n bla bla bla bullshit.... emp also is giving time, efforts, hard work and spend millions to get education n opt for a job... Tht a also a risk and an investment b--ch....
do business fools... live ur life
Then why are you selling your course? To make more rats? What's the point of making such videos is sole purpose of selling your course?
how can i say moonlighting which is unethical and illegal, you should be jailed