Nice explanation with the excel sheet! I was looking for this exact video. I work as SDE-2 in Faang based in London and bachelor too :p. I wanted to compare my savings with that of India and US. After doing my calculation my savings work out to be 0.6x of seattle savings that you showed. 1 year ago when the GBP was stronger, my savings worked out to be 0.7x of seattle savings
I don't think majority of SDE-2 fall under 55L. That'll be like top 10% SDE2s in the country. Great video and effort but I feel its little away from the reality. Salary is considered top of the class and expenses have been taken below avg.
@@pratikkumar939 Its same for US salary as well. $260K per year is top of the line. US is very expensive when it comes to area closer to tech hub. No mention of healthcare, insurance expenses. Unlike India, the public transportation there sucks so you'll be shelling out more money on travelling.
Yes. That's why the comparison holds true as it is being done with offers from similar companies here in India and USA. But yes, many many companies pay this and even more.
The point of taking savings and coming back to India is super important. It only makes sense then financially. There are downsides though , for that period you lose Indian connections and when you leave USA after 4-5 years you loose connections you made in USA as well. Its financially a good choice but messes social life.
In this case take your friends with u in USA sath mein loot machake aao and come in India Plus when u will comeback in India u will definitely work right toh dost toh wha bhi ban jayege i toh see this as a win win
one video on the reality of working in foreign countries .......... i worked at facebook SV ....cam back to india after 1 year as they dont give me weekend breaks and my 15 days yearly breaks and constant pressure ........and always give pressure to do work or else gonna cancel my h1b ....... make this video .........one guy committed suicide who was on h1b ( chinese guy ) so people can become more aware on that ........
1. If someone want job as a Data scientist in top tech. Companies than also DS & Algo questions level is same just like someone apply for SDE role ? 2. And procedure is different in case of no. Of rounds or any other thing for data scientist ?
Nice informative video. Maybe for the upcoming countries in this series you can add the comparison of savings for person working in decent/normal MNC companies at these two places. I think only the salary part has to be changed. As a lot of people won't be working in top tech giants at both the places and they might be interested in knowing how much they can save outside of India working in normal MNCs there.
Man i seriously love this channel. I can't find any other channel that answers questions like the one being addressed over here. 100K subs coming soooon 🔥
Numbers are great to bring clarity and grab interest of viewers, but I do still feel that the expenses have been cutdown to minimum possible, altering which would bring significant changes. The numbers here talk truth for someone spending bare-minimum. Also SDE-2 ke band me itni annual compensation kitne years ke baad miljata hai for a slightly above-average skilled engineer and how much is it different with just-average? Great work as can be seen!
SDE 2 ke band me i would say the compensation you can achieve after 3 yrs of total experience. Rest mere kharche isse kaafi kam hai waise. Almost half toh definitely bare minimum toh nai hai 😊
@soumya love your content agreed on salary part bt not on expense because here in gurgaon near Amazon your rent could be 30k and at a distance of 5-8km 20-24k for decent 1bhk
The cost estimates for eating out is very frugal for a city like Bangalore. I am sure your yearly expenses in India will be higher. There are a lot of non-fixed expenses like you would buy a phone once in 2 years, take a trip once a year, go shopping, some cosmetics, etc.
Yes but these expenses will be there either side and completely depends on how one chooses to spend it. That's why can't really make a generalization. Rest alcohol hasn't been taken into consideration. Cost of eating out is ok if you go out 5-6 times a month then it amounts to around 3K . Meaning around 500 bucks that is just for food. Truffles all American cheese burger plus a milkshake etc. Will cost you lesser than 500 bucks. Obviously this doesn't include when you go out in groups, the cost per person will reduce further. So i would say it is quite sufficient. Infact for me, the expenses present here, are quite a lot lesser. More around 20 K a month. Not even that. 😊
Awesome work brother. You are having subscriber from south side as well. Can you try making upcoming videos fully english? just want to catch up all the information through out the video. Thanks.
55 LPA salary for SDE 2 in India is very rare, very few companies are providing this compensation. Your calculation is approximate in terms of expenses but it's not covering the general earnings of SD's in India.
But I am comparing salaries from similar companies in India and USA. So the comparison still stands. And there are a lot of companies that are giving such and even higher salary at SDE 2 level. 😊
Bro there r a lot who give wuch salaries... Second thing there is not a fixed salary to a level in companies The more number of better competiting offers you have the more is your salary And companies lyk uber amazon google adobe tower research capital nk securities are just a few of the many who give such compensation And in this video he didnt receive 55 lkhs from very first day !!
Show this video to those folks , you tubers and jee aspirants who make fun of foreign placements at IIT's by saying that 1 crore in USA is equivalent to 20-30 lakh in India.... Imagine... Even living with a decent and comfortable life in USA if he return after 5 years... Then his savings will be nearly... 4 crore.. ( it will get more... If someone gets promoted further... Or keep his stocks till end) One can easily start a business... With this much amount of money in India.... 💖
haa par ab to london hi h usa apna .....as usa ke h1b visa ab bohut hard h milna and h1b pe jate ho to bohut torture bhi hota h ......... even in facebook ....one guy did suicide who was on h1b ....so normal to nhi hi treat karenge
college me ho na aap ? kyuki ye abhi fantasy lagti h ....jissne wha kaam kiya usko pucho paisa nhi hota sab ...izzat bhi honi chahiye .......pura din kaam karate and ghar pe ake khud kaam karna padta and ye salary jo bataya h vo bhi faang hi deti and high end startup jo top iitian ranker ko milta naki sabko ............me khud iit kanpur se tha and facebook me kaam kiya h 1yr me agya india me vaps and i feel much better here ........usa travel karna hi accha lagata h naki kaam karna .......if u dont believe me do some research on h1b expoitation .........
I am amazed by your level you clarity and knowledge. Some figures are little misguided, but the point remains the same Cal>Seattle>India. Please make about Singapore/European countries. What are the downsides of living in USA apart from monetary benefits?
Work hard and save for 10 years in USA, come back to India and invest that amount. Take up a stress free job in India and by 35 you can already feel settled.
Pls make a video on ki aakhir kitne posts hoten hain kisi v company like google amazon microsoft india becz mostly log bas sde 1 2 3 ki baat krtein hain.... some posts I have heard like principal engineer nd staff engineer... This will definitely help many
Soumyajit had a query. So I am in a good reputed Tier 1 college and will be graduating this June. Currently interning a firm and got a PPO offer over there ( TC is above 25 Lakhs and work is full stack ( Node and react) ). What I am thinking is: I complete 1 year exp as FTE in the firm and leave for MS in US( Prolly thinking about joining San Jose State Uni as fees is less ( Edu will be done within 30 lakhs upper bound) and is in the heart of the valley). Primary aim will be to get a job as SDE and work for 3-4 years there. Objectives being: 1) Exploring new country while being young 2) Maximising savings Now after the 3-4 years I work, not sure on whether will be back in india or move to a new country ( Canada or somewhere in EU). Not too desperate for a much long stay in US. How objective does this decision seem? Your thoughts on this?
Hey bro, considering your priority being savings its always better to try for MNCs out there (they are on rapid hiring post pandemic) and try switching btw teams internally. Two reasons why this is better: 1.) you woun't be downgraded back to entry level SDE1 as would happen after masters from US 2.) No need to payoff loans (tech companies prefer skills over master at senior positions which you woun't deny :) ) 3.) You are not insecure about getting H1B visa over your 3 years after masters (if you woun't be able to live in US, whats the purpose of doing masters if savings were ur priority) I have been through same thoughts (I too am gonna graduate this year) and found out above reasons to convince me after sleepless brainstorming. Hope it helps :)
@@akhilmudassir4514 hey awesome insight. I personally feel that: 1) Switching internally takes more time and it's not fully in our control. Going for a master's ( low cost one with a good location) opens door for a whole new set of firms. 2) I am tbh fine with starting as SDE1 post masters as I will spending time as 0.5-1 years as complete SDE1 in India. Plus the compensation will outweigh the savings in india. 3) for the tuition fees and cost part, I don't plan to take loans as I will have saved decent amount before leaving for masters( 1 year FTE + 2 interns). Getting an intern during masters will highly compensate the fee part too I feel. 4) Not too desperate on the H1B part. But the 3-4 years which I work in the US definitely will help me save a good amount and get me a good experience. Plus good set of future opportunities. Also, maybe after 3-4 years of work, I plan to shift to a new country, stay in US itself some more time( If H1B gets success), or move back to india. So not sure on that part. Can't be wise enough to take that call now XD.
Insightful video bhaiyya.. got to know about the savings part much clearly.. I have a question bhaiyya, in India jab promotion hota h toh extra stocks milte hai? And milte h toh initial grant se jyada milta h ki kam?
This was very informative video. Thanks for all the hardwork and efforts you have put in to get these details. Can you also please consider expenses for a married couple, Kids educations, insurances etc
I have a confusion bhaiya , like agar Seattle m 89 lakhs save kiya nd agar wo banda india ayega to kya uss paise pe v tax lagega ? I means to say agar wo apne savings india m parents ko dede
Can you please add this for European countries like Dublin, London, Zurich, Amsterdam as well. Since Facebook, Amazon, Bloomberg etc are hiring a-lot from India.
Yes and those are covered under the insurance itself. Even OPD scans are completely covered under insurance. Which is mostly company provided. Hence did not include those.
Hey Soumyajit. Awesome video. Btw do people come back after 5-6 years in USA? I heard that 90 percent people don't come. So how should someone plan it out?
Can you make a video on how mechanical engineering/Non CS people can become SDE in Big MNC like Amazon etc.. Complete road map.. Is it possible? Or only CS people get it?
Hey Currently I am working as SDE2 at goldman sachs[3.2 years experience] India.Is it worth doing ms in usa and landing job.What would your advice be[from money perspective] since couldn't find any international transfers
I would say try for international transfer. If you switch jobs now by the time your ms would have completed, you could potentially land in USA with international transfer
For 55 lpa salary that you have considered for india it includes base pay+ variable+sign on bonus + worth of RSU for 1 year , right ? Also what is the experience that you are considering for SDE2?
Hey, really liking your content. Can you please share some thoughts on this? I am a 2021 passout and a Full Stack Dev in JS stack from Mumbai, working in a startup with 65K INR month and baffled for months regarding MS in the USA. My confusion is should I really take an Edu loan of 60-70 lakhs for MS as opposed to earning ~40+LPA(after some work exp obv) in India. Will there be a huge lifestyle upgrade if I get a good job in the USA as a developer? I get that pay is quite for SWE there but how is life there as an Indian in the USA, are there any shortcomings? My main concern is about the social life there and belongingness which you feel in India. Even if I pay out my loan in two years after working in the USA, and continue working afterward for a few more years, what's the plan after that? Am I thinking too much in long term? I also have a FOMO of getting a chance of living abroad and missing out on the whole new experience. So please share your thoughts on this.
You can take internal transfer from India to USA in certain companies quite easily. Apart from that, if you choose your universities correctly, you can do your MS at a net cost of 17 lakhs all included as well! 😊
@@SoumyajitBhattacharyay Thank you for replying so quickly! Those "certain companies" are still very limited right? And 17 lakhs is just mind blowing to me in US, I stated 60-70 as net gross including living expenses as well (I confirmed it from some of my friends there). Maximum it can go to is 50 lakhs. But still I gotta research more on this. Also for me doing ms is just a way to get job in us, as I am not really not interested in studying further, so internal transfers as best way for me I guess, though they are hard to get, if my assumption is right
Nope. My friend did it from TAMU, and is now working as SDE at Google in Seattle. Her net cost came to be around 17 lakhs. Obviously, I have deducted the internship stipend that she got, as well as she was a grader in the university, so she got reduced fees, and a monthly income which took care of her living expenses and then some.
@@SoumyajitBhattacharyayokay thank you so much! Do you provide mentorship for freshers in CS in general? Would love to discuss quite a few things with you about coding and career in general.
@@SoumyajitBhattacharyay Soumyajit Da I'm noticing that you have done a lot of research about abroad SDE from India and you also joined amazon as sde 2 which you have ranked best among all the companies for internal transfer... Amd even in this video you considered amazon location Seattle .....I think you ahve a plan to move abroad .. is my observation right? Dada your reply may make mu day ... Loads of love❤️
Hahahah nothing like that. Seattle is known to be Amazon's HQ, but all the major companies are present there. Microsoft hq is present in Redmond, which is just beside Seattle, apart from that Facebook, Google, snap all have good presence there.
Dude you didn't consider the fact that most of the expenses are being reimbursed by tech companies situated in Seattle or bay Area. They include food( bf, L, D) and also other miscellaneous expenses like gym etc. So I think savings is way more in the USA.
@@SoumyajitBhattacharyay yes Amazon and apple won't give you free meals hence I mentioned " Most of the companies ". But the meals are highly subsidized.
Can a software employee can earn this much salary per annum as per the chart you shown, still I can't believe...I am going to usa through my company, they will be offering 75000$ per annum...but the figures you mentioned is unbelievable
Umm, at amazon, if you go then as an sde 2 the minimum that you will earn is 252k/year at Seattle and 275k /yr in SF and NYC. Obviously Amazon pays much more than 75k /year to its developers(2years exp+) in India itself
@@SoumyajitBhattacharyay got you bro, tell me onething bro...what should I do if i want to earn more money as you mentioned, i want to be part of my company for atleast a year and after that planning to switch to other company since I have 8 years of exp in different technologies like SAS, python and hadoop...so that I can get better compensation than what my company is offering now...will that work?
Also Bhai, Any sweet spot age to pursue MS. Is 5 years Indian experience too much for an MS ? Can I apply for SDE- 2/3 leveraging my Indian experience ?
People generally rent shared apartments, instead of 3100 for rent you should keep this around 1500 dollars for san Francisco. You can find 4500 3bhk apartments for rent.
Makes sense. Absolutely,. But in comparison to Seattle the delta will still remain, albeit a bit less. Since considered independent living, across the board that's why the prices. How ever, i think so you will find it difficult to get a 3 bhk in the Palo Alto area at 4.5 K. You would have to move a lot out for that.
Bro but if it is possible to get off campus placements in usa from India... Some say Amazon Microsoft usa is very tougher than to get in their india campuses..
not in usa their immigration laws does not allow it , you either need to have a undergrad / masters from a us university or take internal transfer from a company , but there are other countries like Germany , Singapore, Netherlands, London, Poland etc. which directly hires from India
@@SoumyajitBhattacharyay sure. Soumyajit had a query. So I am in a good reputed Tier 1 college and will be graduating this June. Currently interning a firm and got a PPO offer over there ( TC is above 25 Lakhs and work is full stack ( Node and react) ). What I am thinking is: I complete 1 year exp as FTE in the firm and leave for MS in US( Prolly thinking about joining San Jose State Uni as fees is less ( Edu will be done within 30 lakhs upper bound) and is in the heart of the valley). Primary aim will be to get a job as SDE and work for 3-4 years there. Objectives being: 1) Exploring new country while being young 2) Maximising savings Now after the 3-4 years I work, not sure on whether will be back in india or move to a new country ( Canada or somewhere in EU). Not too desperate for a much long stay in US. How objective does this decision seem? Your thoughts on this?
It seems absolutely fine. Wanted to know why not go and do MS right now itself? How ever just be vary that, cost of living is extremely expensive in valley!
@@SoumyajitBhattacharyay thanks. So the reasons for not doing it immediately are: 1) Currently at home due to covid since 3 years. Wanted to spend some time staying alone in Bangalore and be a bit responsible( 😅). 2) Working for one year will get me the tuition fees ( also a few stocks for long term 😅😂, so not missing out on that ) for the MS. 3) 1 year intern and 1 year FTE work will make the resume good and help in getting calls for job in USA. 4) Want to get better with leetcode and MERN stack before landing in the US. So I get some extra time to skill up and go there with a plan Also apart from San Jose State University, I am considering UT Dallas too ( one cousin is an alumni, so better guidance over there maybe). Reason I thought about SJSU is that there is a channel called ' NitinKumar Gove' there he says if done properly, MS in SJSU can be done within 25 Lakhs and ROI can be maximised. So considering that. What say? Can leave next year Jan directly too with 0.5 years exp. ( That option is there too).
Hello Bhaiya if we know java then we should proceed with learning DSA or we should first learn c&c++ First year electronics student please guide bhaiya Btw learning alot from you Bhaiya
Bro, what about the type of work, quality of work, ease of changing jobs. At one point you may feel that saving 35 l is better than 89 l provided there's autonomy and freedom
U said 55 lakh for Indian salary but I think inhand will be just around 20lakh and remaining SOPs, please clarify this once and even the same with usa is that 220k$ will be given with inhand whole ?
I have a doubt you said SDE 2 salary in Big Tech Companies is around 50 to 60 lakhs so are you talking about CTC or in hand base salary. Please clarify my doubt because I'm shocked to hear that 😱🤯
@@SoumyajitBhattacharyay Sorry for clarifying again, MAANG companies have CTC of 30 40 LPA but gives 13 LPA base so is it the same case with 50 60 Lakhs you mentioned?
Again do you get 30 40 lakhs in a year? If yes then that is your yearly salary. If no then that is not. When I say 50-60 or even more, I mean you will get 50-60 lakhs in a year. Meaning you will pay your yearly income tax on it. I hope this clarifies it? You do not pay your yearly income tax on your CTC, you pay it on your yearly salary whatever it is. The CTC would be way more than 1.2 crore When you say CTC, if it includes stocks for 4 years then it is wrong to say LPA, as LPA means lakhs per annum not 4 years.
Hey, thanks for this video. As we know, Amazon is offering 45 L CTC to 2022 batch but just 32 L CTC to 2021 batch. So can you please confirm whether Amazon will increase the TC of 2021 batch when 2022 batch will join or not? Also, will the TC be revised for those of 2021 batch who have already joined?
TC won't increase, but if you perform well, based on your performance review (including forte), you will get a raise and you would be on path to SDE2 promotion
They won't get the full amount because you would need to convert it in the Indian currency. And that will come at a premium. Depends from one bank to another
I don't think so H1B service based emp will get 220+ in their initial year. Max 90 K . What is your take on this. As My petition got approved recently.
Nope. It contains the yearly salary. That one will get in a year. Why should income only contain the base salary?. When you get performance bonus etc every year and give Same income tax on them.?
What nonsense. Not even 0.1% engineers earn Net in hand salary of 55 lacs. Plus one who 50 lac plus salary dont spend as low as you have mentioned in each head. Very poor interpretation of numbers.
@@SoumyajitBhattacharyay But i dont think figure is realistic, I have lot of friends as SDE2 in amazon, flipkart etc and very very rare makes yearly(fixed salary ) of 55 L, including attractive joining bonus if any then yes,
@@cxc1449 yes as I said, it will not always be base. It will be base plus the stocks that you will get in a year. Flipkart pays a lot lesser. Amazon definitely pays this and even more. And so does a lot of other companies. You can always tell Amazon to sell the stocks and give you the money. And any case you give income tax on your stocks that you receive. As that is your income. Hence the amount. That is the yearly salary. Why would not you consider the yearly stocks in your yearly salary? You are anyways giving tax on that!
Nice explanation with the excel sheet! I was looking for this exact video. I work as SDE-2 in Faang based in London and bachelor too :p. I wanted to compare my savings with that of India and US. After doing my calculation my savings work out to be 0.6x of seattle savings that you showed. 1 year ago when the GBP was stronger, my savings worked out to be 0.7x of seattle savings
pls make a video on the Savings of a Software Engineer in Germany as well
Yes i will be making on a few countries. 🙂
Simple, 60k€ - 75k€. Flat 40% tax and 1k€ pm as your expense.
Bhaiya uk Zurich ka v saving of a software engineer video banaea Bhaiya ji 🙏
@@ankitgupta1468 hanji next Savings wala video will be on UK.
@@SoumyajitBhattacharyay thank you bhaiya you are genius bhaiya 🙏🙏🙏🙏
I don't think majority of SDE-2 fall under 55L. That'll be like top 10% SDE2s in the country. Great video and effort but I feel its little away from the reality. Salary is considered top of the class and expenses have been taken below avg.
Exactly. So this means most people are making way less savings in India
@@pratikkumar939 Its same for US salary as well. $260K per year is top of the line. US is very expensive when it comes to area closer to tech hub. No mention of healthcare, insurance expenses. Unlike India, the public transportation there sucks so you'll be shelling out more money on travelling.
Yes. That's why the comparison holds true as it is being done with offers from similar companies here in India and USA. But yes, many many companies pay this and even more.
@@SoumyajitBhattacharyay Yes many pay this but again its far away from the reality. Lets call it the best case scenario :)
its true for amazon. even if sde 2 salary is not 55 you can still use this sheet to compare coz cost of living doesn’t change
The point of taking savings and coming back to India is super important. It only makes sense then financially. There are downsides though , for that period you lose Indian connections and when you leave USA after 4-5 years you loose connections you made in USA as well. Its financially a good choice but messes social life.
Absolutely agree to this part. Spot on!
so what do you think then? either stay there or not stay at all? @bhargav
@@utkarsh_108 i suppose, stay there earn and then move to a low cost of living area. 🌝🌝
In this case take your friends with u in USA sath mein loot machake aao and come in India
Plus when u will comeback in India u will definitely work right toh dost toh wha bhi ban jayege i toh see this as a win win
You never lose the real ones
You just lose normal people who surround you, keep living life you'll learn
one video on the reality of working in foreign countries .......... i worked at facebook SV ....cam back to india after 1 year as they dont give me weekend breaks and my 15 days yearly breaks and constant pressure ........and always give pressure to do work or else gonna cancel my h1b ....... make this video .........one guy committed suicide who was on h1b ( chinese guy ) so people can become more aware on that ........
Kaha se masters kiya tha. What is your profile
1. If someone want job as a Data scientist in top tech. Companies than also DS & Algo questions level is same just like someone apply for SDE role ?
2. And procedure is different in case of no. Of rounds or any other thing for data scientist ?
Very good explanation, I have watched many videos about this, but yours is best.
Nice informative video. Maybe for the upcoming countries in this series you can add the comparison of savings for person working in decent/normal MNC companies at these two places. I think only the salary part has to be changed. As a lot of people won't be working in top tech giants at both the places and they might be interested in knowing how much they can save outside of India working in normal MNCs there.
Totally agree. Will make it a three parts India, top tech and average tech . Whats say??
@@SoumyajitBhattacharyay Great🤩 That will surely add a lot of value.
@@SoumyajitBhattacharyay Absolutely right
Thanks a lot!! Was looking for something like this since long.
Glad you found it useful 😊
You content is very useful and crystal clear... Keep doing
Still watching and what an explanation. Hat's off 🙏🙏🙏
Thanks ❤️ do share it among your friends and peers. Will definitely be helpful as well as entertaining 🙂
Hands down the most logical, transparent and well explained video on this topic. You deserve more subscribers!
Glad you feel this way! Lets hope UA-cam realises it 🙏
Great video. Not seen a video like this.
Man i seriously love this channel. I can't find any other channel that answers questions like the one being addressed over here.
100K subs coming soooon 🔥
Awesome work and explanation…can you make a video about Switzerland…I heard low taxes and similar to USA.
Yes absolutely true. 🙌 Will make it! Do share it among your friends and peers ❤️
value++;
🙌🙌
More on European countries please. 😉
Yes they will also come❤️
Amazing explanation and thank you sir for such a detailed discussion. Really informative one.
Make a video on working in London vs singapore
Yes i will be making them 🙌
Numbers are great to bring clarity and grab interest of viewers, but I do still feel that the expenses have been cutdown to minimum possible, altering which would bring significant changes. The numbers here talk truth for someone spending bare-minimum.
Also SDE-2 ke band me itni annual compensation kitne years ke baad miljata hai for a slightly above-average skilled engineer and how much is it different with just-average?
Great work as can be seen!
SDE 2 ke band me i would say the compensation you can achieve after 3 yrs of total experience.
Rest mere kharche isse kaafi kam hai waise. Almost half toh definitely bare minimum toh nai hai 😊
@soumya love your content agreed on salary part bt not on expense because here in gurgaon near Amazon your rent could be 30k and at a distance of 5-8km 20-24k for decent 1bhk
much needed. thanks a lot
The cost estimates for eating out is very frugal for a city like Bangalore. I am sure your yearly expenses in India will be higher. There are a lot of non-fixed expenses like you would buy a phone once in 2 years, take a trip once a year, go shopping, some cosmetics, etc.
Yes but these expenses will be there either side and completely depends on how one chooses to spend it. That's why can't really make a generalization. Rest alcohol hasn't been taken into consideration.
Cost of eating out is ok if you go out 5-6 times a month then it amounts to around 3K . Meaning around 500 bucks that is just for food. Truffles all American cheese burger plus a milkshake etc. Will cost you lesser than 500 bucks. Obviously this doesn't include when you go out in groups, the cost per person will reduce further. So i would say it is quite sufficient. Infact for me, the expenses present here, are quite a lot lesser. More around 20 K a month. Not even that. 😊
Whenever you have time, Next videos on : Amsterdam, Zurich, London, Berlin, Dublin.
Really insightful video! Please make a similar video for Netherlands and Australia
motivation ++ ;
cout
That is what I wanted amazing ❤️
Awesome work brother. You are having subscriber from south side as well. Can you try making upcoming videos fully english? just want to catch up all the information through out the video. Thanks.
55 LPA salary for SDE 2 in India is very rare, very few companies are providing this compensation. Your calculation is approximate in terms of expenses but it's not covering the general earnings of SD's in India.
But I am comparing salaries from similar companies in India and USA. So the comparison still stands. And there are a lot of companies that are giving such and even higher salary at SDE 2 level. 😊
bhai ye faang and high end startup ki salary ki baat kar rhe h so think about it if can make it there .........then think bout usa
Bro there r a lot who give wuch salaries...
Second thing there is not a fixed salary to a level in companies
The more number of better competiting offers you have the more is your salary
And companies lyk uber amazon google adobe tower research capital nk securities are just a few of the many who give such compensation
And in this video he didnt receive 55 lkhs from very first day !!
Show this video to those folks , you tubers and jee aspirants who make fun of foreign placements at IIT's by saying that 1 crore in USA is equivalent to 20-30 lakh in India.... Imagine... Even living with a decent and comfortable life in USA if he return after 5 years... Then his savings will be nearly... 4 crore.. ( it will get more... If someone gets promoted further... Or keep his stocks till end)
One can easily start a business... With this much amount of money in India.... 💖
Agree to this chain of thoughts!
haa par ab to london hi h usa apna .....as usa ke h1b visa ab bohut hard h milna and h1b pe jate ho to bohut torture bhi hota h ......... even in facebook ....one guy did suicide who was on h1b ....so normal to nhi hi treat karenge
@@SoumyajitBhattacharyay Sir is USA generally the best place to earn and save more money (compared to other countries like Switzerland, London, etc)?
college me ho na aap ? kyuki ye abhi fantasy lagti h ....jissne wha kaam kiya usko pucho paisa nhi hota sab ...izzat bhi honi chahiye .......pura din kaam karate and ghar pe ake khud kaam karna padta and ye salary jo bataya h vo bhi faang hi deti and high end startup jo top iitian ranker ko milta naki sabko ............me khud iit kanpur se tha and facebook me kaam kiya h 1yr me agya india me vaps and i feel much better here ........usa travel karna hi accha lagata h naki kaam karna .......if u dont believe me do some research on h1b expoitation .........
I am amazed by your level you clarity and knowledge. Some figures are little misguided, but the point remains the same Cal>Seattle>India.
Please make about Singapore/European countries.
What are the downsides of living in USA apart from monetary benefits?
Gun laws I would guess are the major pain point. Rest obviously, leaving family members behind and home sickness will also be important for some.
Why you planned to stay back here in India , just curious. A good reply could remove many of my confusions.
This is gold🔥
Glad you feel this way. Do share it among your friends and peers ❤️
Please make similar type of video on Singapore as well because getting job in Singapore is more easier than USA.
Was waiting for this video
That's nice to hear! ❤️
Thanks for giving such a crystal clear picture.
Anytime yaar ❤️
Work hard and save for 10 years in USA, come back to India and invest that amount. Take up a stress free job in India and by 35 you can already feel settled.
Areyy... Yhi to chahie tha🙌👏
Hahah ❤️
Pls make a video on ki aakhir kitne posts hoten hain kisi v company like google amazon microsoft india
becz mostly log bas sde 1 2 3 ki baat krtein hain....
some posts I have heard like principal engineer nd staff engineer...
This will definitely help many
SDE 2 - 55Lakhs 😲(base pay + variable pay+ stocks per year) ? Or you just considered base+variable pay ?
Here considering the yearly pay. How soever the split. 🙌 For all the three locations.
Thank you bhaiya for your awesome work
Soumyajit had a query. So I am in a good reputed Tier 1 college and will be graduating this June. Currently interning a firm and got a PPO offer over there ( TC is above 25 Lakhs and work is full stack ( Node and react) ). What I am thinking is:
I complete 1 year exp as FTE in the firm and leave for MS in US( Prolly thinking about joining San Jose State Uni as fees is less ( Edu will be done within 30 lakhs upper bound) and is in the heart of the valley). Primary aim will be to get a job as SDE and work for 3-4 years there. Objectives being:
1) Exploring new country while being young
2) Maximising savings
Now after the 3-4 years I work, not sure on whether will be back in india or move to a new country ( Canada or somewhere in EU). Not too desperate for a much long stay in US.
How objective does this decision seem? Your thoughts on this?
Hey bro, considering your priority being savings its always better to try for MNCs out there (they are on rapid hiring post pandemic) and try switching btw teams internally.
Two reasons why this is better:
1.) you woun't be downgraded back to entry level SDE1 as would happen after masters from US
2.) No need to payoff loans (tech companies prefer skills over master at senior positions which you woun't deny :) )
3.) You are not insecure about getting H1B visa over your 3 years after masters (if you woun't be able to live in US, whats the purpose of doing masters if savings were ur priority)
I have been through same thoughts (I too am gonna graduate this year) and found out above reasons to convince me after sleepless brainstorming. Hope it helps :)
@@akhilmudassir4514 hey awesome insight. I personally feel that:
1) Switching internally takes more time and it's not fully in our control. Going for a master's ( low cost one with a good location) opens door for a whole new set of firms.
2) I am tbh fine with starting as SDE1 post masters as I will spending time as 0.5-1 years as complete SDE1 in India. Plus the compensation will outweigh the savings in india.
3) for the tuition fees and cost part, I don't plan to take loans as I will have saved decent amount before leaving for masters( 1 year FTE + 2 interns). Getting an intern during masters will highly compensate the fee part too I feel.
4) Not too desperate on the H1B part. But the 3-4 years which I work in the US definitely will help me save a good amount and get me a good experience. Plus good set of future opportunities.
Also, maybe after 3-4 years of work, I plan to shift to a new country, stay in US itself some more time( If H1B gets success), or move back to india.
So not sure on that part. Can't be wise enough to take that call now XD.
Soumyajit your take on this?
Great video!!
Nice information 👍👍👍
Insightful video bhaiyya.. got to know about the savings part much clearly.. I have a question bhaiyya, in India jab promotion hota h toh extra stocks milte hai? And milte h toh initial grant se jyada milta h ki kam?
It depends from one company to another. 😊
This was very informative video. Thanks for all the hardwork and efforts you have put in to get these details.
Can you also please consider expenses for a married couple, Kids educations, insurances etc
Please make a detailed video on confluent like you have made for other companies.
I have a confusion bhaiya , like agar Seattle m 89 lakhs save kiya nd agar wo banda india ayega to kya uss paise pe v tax lagega ? I means to say agar wo apne savings india m parents ko dede
Naa naa aise nai hota hai. Thoda sa lagta hai. But Income tax nahi lagega
You need to pay conversion rates.
Can you please add this for European countries like Dublin, London, Zurich, Amsterdam as well. Since Facebook, Amazon, Bloomberg etc are hiring a-lot from India.
Yes i will be having it for these cities as well❤️
Very informative and detailed video. Could you please consider Germany as next country in this series. Will really appreciate it.
Yes i will be taking European countries. Let me see which one I can take 🙌
Nice video. But you forgot a very important aspect which is medical expenses.
Medical expenses are extremely high in USA.
Yes and those are covered under the insurance itself. Even OPD scans are completely covered under insurance. Which is mostly company provided. Hence did not include those.
@@SoumyajitBhattacharyay Oh okay. Got it!
Thanks for the clarification.
Hey Soumyajit. Awesome video. Btw do people come back after 5-6 years in USA? I heard that 90 percent people don't come. So how should someone plan it out?
Yes many do and many don't. Really an interesting questions to be honest
@@SoumyajitBhattacharyay yes just a bit of extra thought XD. Idk if it's overthinking or long term thinking haha
@@manishjain9578 not overthinking. these things must be calculated
Great comparison video! Could you do a similar video comparing India vs Major tech hubs in Europe?
Can you make a video like this on Switzerland also
Love this video ❤️❤️
hey @Soumyajit Bhattacharyay are u planing to go to USA or stay in INDIA ?????
Right now haven't yet given a thought. Depends on the type of opportunities available. 😊
Soumyajit bhaiya pls make a video on software engineers living in Germany
Please make a same video on Switzerland.
Awesome video ❤️❤️❣️
Glad you feel this way ❤️
Good work bhai
Thanks 🙌🙌
Can you make a video on how mechanical engineering/Non CS people can become SDE in Big MNC like Amazon etc.. Complete road map.. Is it possible? Or only CS people get it?
Hey Currently I am working as SDE2 at goldman sachs[3.2 years experience] India.Is it worth doing ms in usa and landing job.What would your advice be[from money perspective] since couldn't find any international transfers
I would say try for international transfer. If you switch jobs now by the time your ms would have completed, you could potentially land in USA with international transfer
any problem in INDIA ??
@@SoumyajitBhattacharyay With L1 Visa Do Employees get paid according to the salaries given in USA or they are downgraded with respect to salaries
The salary is typically paid In the range that is present there. Every company has a band which is followed.
For 55 lpa salary that you have considered for india it includes base pay+ variable+sign on bonus + worth of RSU for 1 year , right ?
Also what is the experience that you are considering for SDE2?
SDE 2 experience is >2 yrs. Yes it will include the amount on which you will give your income tax yearly.
Hey, really liking your content. Can you please share some thoughts on this?
I am a 2021 passout and a Full Stack Dev in JS stack from Mumbai, working in a startup with 65K INR month and baffled for months regarding MS in the USA.
My confusion is should I really take an Edu loan of 60-70 lakhs for MS as opposed to earning ~40+LPA(after some work exp obv) in India.
Will there be a huge lifestyle upgrade if I get a good job in the USA as a developer? I get that pay is quite
for SWE there but how is life there as an Indian in the USA, are there any shortcomings? My main concern is
about the social life there and belongingness which you feel in India.
Even if I pay out my loan in two years after working in the USA, and continue working afterward for a few more years,
what's the plan after that? Am I thinking too much in long term?
I also have a FOMO of getting a chance of living abroad and missing out on the whole new experience.
So please share your thoughts on this.
You can take internal transfer from India to USA in certain companies quite easily.
Apart from that, if you choose your universities correctly, you can do your MS at a net cost of 17 lakhs all included as well! 😊
@@SoumyajitBhattacharyay Thank you for replying so quickly! Those "certain companies" are still very limited right?
And 17 lakhs is just mind blowing to me in US, I stated 60-70 as net gross including living expenses as well (I confirmed it from some of my friends there). Maximum it can go to is 50 lakhs. But still I gotta research more on this. Also for me doing ms is just a way to get job in us, as I am not really not interested in studying further, so internal transfers as best way for me I guess, though they are hard to get, if my assumption is right
Nope. My friend did it from TAMU, and is now working as SDE at Google in Seattle.
Her net cost came to be around 17 lakhs. Obviously, I have deducted the internship stipend that she got, as well as she was a grader in the university, so she got reduced fees, and a monthly income which took care of her living expenses and then some.
@@SoumyajitBhattacharyayokay thank you so much! Do you provide mentorship for freshers in CS in general? Would love to discuss quite a few things with you about coding and career in general.
@@SoumyajitBhattacharyay can you pls come with a video in full details how she did it in 17 lakhs
Looking forward to finance for engineers playlist
Absolutely ❤️
you are not like other stupid youtubers, and that is the best thing that I like about your content......
Hahaha. 😊 I try to be as authentic and true as possible. And as always, provide value as much as possible ❤️
@@SoumyajitBhattacharyay sure man, thanks for existing, lol
Haan pehle yeh karlo....
Jab job tak nahi mil rahi!
Just s suggestion make s video, on other countries in the list from previous video.
Yes i will.make that!!
@@SoumyajitBhattacharyay thanks!
Hello bhaiya... Can you make a detailed video on rubrik... 😊😊😊😊😊
Sir australia ka savings comparison bhi bna deejiye please and specifically MELBOURNE
Thanks for bringing the actual picture infront of us
Btw why don't you consider Amazon UK are saving is less than India in uk ?
Hi Soumyajit, thanks very much for the informative video!💯
Could you please put the link of that sheet in comments or description?
Okk sure will do so
@@SoumyajitBhattacharyay Soumyajit Da I'm noticing that you have done a lot of research about abroad SDE from India and you also joined amazon as sde 2 which you have ranked best among all the companies for internal transfer... Amd even in this video you considered amazon location Seattle .....I think you ahve a plan to move abroad .. is my observation right?
Dada your reply may make mu day ... Loads of love❤️
Hahahah nothing like that. Seattle is known to be Amazon's HQ, but all the major companies are present there. Microsoft hq is present in Redmond, which is just beside Seattle, apart from that Facebook, Google, snap all have good presence there.
@@SoumyajitBhattacharyay oooo 😁
Dude you didn't consider the fact that most of the expenses are being reimbursed by tech companies situated in Seattle or bay Area. They include food( bf, L, D) and also other miscellaneous expenses like gym etc. So I think savings is way more in the USA.
Not necessarily. All the things mentioned are not reimbursed by Amazon and apple itself. 😊
@@SoumyajitBhattacharyay yes Amazon and apple won't give you free meals hence I mentioned " Most of the companies ". But the meals are highly subsidized.
Can a software employee can earn this much salary per annum as per the chart you shown, still I can't believe...I am going to usa through my company, they will be offering 75000$ per annum...but the figures you mentioned is unbelievable
Umm, at amazon, if you go then as an sde 2 the minimum that you will earn is 252k/year at Seattle and 275k /yr in SF and NYC.
Obviously Amazon pays much more than 75k /year to its developers(2years exp+) in India itself
@@SoumyajitBhattacharyay got you bro, tell me onething bro...what should I do if i want to earn more money as you mentioned, i want to be part of my company for atleast a year and after that planning to switch to other company since I have 8 years of exp in different technologies like SAS, python and hadoop...so that I can get better compensation than what my company is offering now...will that work?
@@nandepusrinivas6746 sure it will
What is the Visa in which you are going?
@@SoumyajitBhattacharyay H1B bro..
Can I transfer internally to India after working only 1-2years in Amazon usa or any foreign country?
Yes you can.
Also Bhai, Any sweet spot age to pursue MS. Is 5 years Indian experience too much for an MS ? Can I apply for SDE- 2/3 leveraging my Indian experience ?
People generally rent shared apartments, instead of 3100 for rent you should keep this around 1500 dollars for san Francisco.
You can find 4500 3bhk apartments for rent.
Makes sense. Absolutely,. But in comparison to Seattle the delta will still remain, albeit a bit less. Since considered independent living, across the board that's why the prices.
How ever, i think so you will find it difficult to get a 3 bhk in the Palo Alto area at 4.5 K. You would have to move a lot out for that.
Bro but if it is possible to get off campus placements in usa from India... Some say Amazon Microsoft usa is very tougher than to get in their india campuses..
not in usa their immigration laws does not allow it , you either need to have a undergrad / masters from a us university or take internal transfer from a company , but there are other countries like Germany , Singapore, Netherlands, London, Poland etc. which directly hires from India
@@tvgr8218 oh thanks bro.i am planning to do masters in usa
Hey, I have seen all of your videos. I just wanna confirm that if my sole purpose is to save money then US is the best option?
Yes
@@SoumyajitBhattacharyay and If I want to save money with minimal risk?😂
Soumyajit I had a query in the comments below. I guess you missed it 😅. Can you have a look once?
Can you please ping the query here. It will be easier for me to take a look. 😛
@@SoumyajitBhattacharyay sure.
Soumyajit had a query. So I am in a good reputed Tier 1 college and will be graduating this June. Currently interning a firm and got a PPO offer over there ( TC is above 25 Lakhs and work is full stack ( Node and react) ). What I am thinking is:
I complete 1 year exp as FTE in the firm and leave for MS in US( Prolly thinking about joining San Jose State Uni as fees is less ( Edu will be done within 30 lakhs upper bound) and is in the heart of the valley). Primary aim will be to get a job as SDE and work for 3-4 years there. Objectives being:
1) Exploring new country while being young
2) Maximising savings
Now after the 3-4 years I work, not sure on whether will be back in india or move to a new country ( Canada or somewhere in EU). Not too desperate for a much long stay in US.
How objective does this decision seem? Your thoughts on this?
It seems absolutely fine. Wanted to know why not go and do MS right now itself?
How ever just be vary that, cost of living is extremely expensive in valley!
@@SoumyajitBhattacharyay thanks. So the reasons for not doing it immediately are:
1) Currently at home due to covid since 3 years. Wanted to spend some time staying alone in Bangalore and be a bit responsible( 😅).
2) Working for one year will get me the tuition fees ( also a few stocks for long term 😅😂, so not missing out on that ) for the MS.
3) 1 year intern and 1 year FTE work will make the resume good and help in getting calls for job in USA.
4) Want to get better with leetcode and MERN stack before landing in the US. So I get some extra time to skill up and go there with a plan
Also apart from San Jose State University, I am considering UT Dallas too ( one cousin is an alumni, so better guidance over there maybe). Reason I thought about SJSU is that there is a channel called ' NitinKumar Gove' there he says if done properly, MS in SJSU can be done within 25 Lakhs and ROI can be maximised. So considering that.
What say? Can leave next year Jan directly too with 0.5 years exp. ( That option is there too).
❤
First like and comment 😍
Glad ❤️
Bhaiya please Reply 😔😔
Can Bsc biotech graduate can sde position at Microsoft through offcampus placement or not.
Good explanation sir with excel 🙏🏻
Glad you feel this way. Last video me thoda sa upar neeche ho gaya tha. Isme koi kami nai chodhi hai ❤️
Hello Bhaiya if we know java then we should proceed with learning DSA or we should first learn c&c++
First year electronics student please guide bhaiya
Btw learning alot from you Bhaiya
But how to become software developer in Seattle if we r graduating from india
No direct way. You would need to go there via internal transfer
Those salaries are CTC right??as Most of the ctc element is once in few years
No why would these be CTC! This is yearly salary. Basically salary on which you will give your yearly income tax.
@@SoumyajitBhattacharyay are companies really paying 55 LPA for sde2
@@aishuo07 yes. Infact that is the bottom of the band in many companies 😊
Thanks for replying I have seen compensation on leetcode for many companies for 2 yrs of exp they majorly fall in 30-40 lpa anually
@@SoumyajitBhattacharyay are they wrong?
bro make video on how to get a software engineer job remotely
Surely will make one.
Can you please add subtitles or speak in English for wider reach. Request from South Indian side.
Bro, what about the type of work, quality of work, ease of changing jobs. At one point you may feel that saving 35 l is better than 89 l provided there's autonomy and freedom
That I totally agree! Changing of jobs and freedom to do things totally depends on the VISA in which you enter US!
how could 35 be better, can't get any Work life balance in india i guess & the quality of work
U said 55 lakh for Indian salary but I think inhand will be just around 20lakh and remaining SOPs, please clarify this once and even the same with usa is that 220k$ will be given with inhand whole ?
No 55 Lakh is the yearly salary. That you will get in a year. And on which you would have to pay income tax
@@SoumyajitBhattacharyay which is that company that has a base salary of 55 lakh in India ?
Bhaiya india se usa jaane ka best tarika kya hoga agar mai abhi college mei hun toh?
Best will be college ke baad seedhe ma kar lo. Nahi toh internal transfer from a company
@@SoumyajitBhattacharyay
bhaiya us mei sde job milna kitna difficult hai when compared to india
In how many years does a freshers of 23 year old can be a sde2 in India or abroad
I have a doubt you said SDE 2 salary in Big Tech Companies is around 50 to 60 lakhs so are you talking about CTC or in hand base salary.
Please clarify my doubt because I'm shocked to hear that 😱🤯
This is the yearly salary that you will receive each year. Does it clarify your doubt?
@@SoumyajitBhattacharyay Sorry for clarifying again, MAANG companies have CTC of 30 40 LPA but gives 13 LPA base so is it the same case with 50 60 Lakhs you mentioned?
Again do you get 30 40 lakhs in a year? If yes then that is your yearly salary. If no then that is not. When I say 50-60 or even more, I mean you will get 50-60 lakhs in a year. Meaning you will pay your yearly income tax on it. I hope this clarifies it?
You do not pay your yearly income tax on your CTC, you pay it on your yearly salary whatever it is. The CTC would be way more than 1.2 crore
When you say CTC, if it includes stocks for 4 years then it is wrong to say LPA, as LPA means lakhs per annum not 4 years.
Hey, thanks for this video. As we know, Amazon is offering 45 L CTC to 2022 batch but just 32 L CTC to 2021 batch. So can you please confirm whether Amazon will increase the TC of 2021 batch when 2022 batch will join or not? Also, will the TC be revised for those of 2021 batch who have already joined?
It is not LPA, when you are considering 4 years stocks. So make it CTC. As the actual LPA is much lower.
@@SoumyajitBhattacharyay oh, sorry about that. So will the TC increase for 2021 batch?
TC won't increase, but if you perform well, based on your performance review (including forte), you will get a raise and you would be on path to SDE2 promotion
If I want to send 40 k or 50 k dollars to my parents from US then how much tax will be added? Or they will get full amount?
They won't get the full amount because you would need to convert it in the Indian currency. And that will come at a premium. Depends from one bank to another
I don't think so H1B service based emp will get 220+ in their initial year. Max 90 K . What is your take on this. As My petition got approved recently.
This is for product based Companies. 😊 Yes for service based Companies the compensation will be lesser.
Could you please increase English percentage in your videos
Love from South India ❤️👏👏
This contains only base salary right?
Nope. It contains the yearly salary. That one will get in a year. Why should income only contain the base salary?. When you get performance bonus etc every year and give Same income tax on them.?
Can you also make comparison with London / Glasgow as well?
What nonsense. Not even 0.1% engineers earn Net in hand salary of 55 lacs.
Plus one who 50 lac plus salary dont spend as low as you have mentioned in each head.
Very poor interpretation of numbers.
kehndi hundi si , chal Soumyajit ki video dikade😂
Hahahah 🌝🌝. Kal raat se yeh gaana sune jaa rha main loop me 🌝🌝
Is 55 lakh a fixed salary? Or you included stock(over 4 year) and huge joining bonus ?
Nope it is the yearly salary. Why will it include stocks over 4 years. This is the salary on which you will give income tax every year.
@@SoumyajitBhattacharyay But i dont think figure is realistic, I have lot of friends as SDE2 in amazon, flipkart etc and very very rare makes yearly(fixed salary ) of 55 L, including attractive joining bonus if any then yes,
@@cxc1449 yes as I said, it will not always be base. It will be base plus the stocks that you will get in a year. Flipkart pays a lot lesser. Amazon definitely pays this and even more. And so does a lot of other companies.
You can always tell Amazon to sell the stocks and give you the money. And any case you give income tax on your stocks that you receive. As that is your income. Hence the amount. That is the yearly salary.
Why would not you consider the yearly stocks in your yearly salary? You are anyways giving tax on that!
Where is Car EMis?