Savings of a Software Engineer in USA | Detailed analysis of income, Tax, Expenses, Savings VS India
Рет қаралды 31,866
Күн бұрынIn this video I have discussed in complete detail, with proper analysis, how much can a average software engineer in USA save with respect to that of India.
Analyzed expenses, income tax, gross income, savings and much more. Did a comparison between India, Seattle and san francisco.
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Timestamp
0:00 Intro
1:30 Expenses India VS USA
11:00 Income, tax, savings India VS USA
14:00 Outro
Tags & hashtags:
#Finances #Seattle #india #sanfrancisco #FinancialFreedom #google #Uber #Microsoft #google #low #level #design #lowleveldesign #soumyajit #bhattacharyay #bhattacharya #system #design #faang #facebook #code #interviewExperience #London #SoftwareInterview #SDE #SDE2 #DS #dataStructure #interviews #microsoft #techsalary #IndiaSalary #salary #microsoftEngineer #googleEngineer #googleindia
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@hasmukhs Жыл бұрын
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
@aritrakar2492 2 жыл бұрын
Amazing explanation and thank you sir for such a detailed discussion. Really informative one.
@HetPatel-tp8rv 2 жыл бұрын
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 ?
@narendrareddyguvvala7474 2 жыл бұрын
very good explanation by showing quantitative comparision. One thing I like about your videos is they are truly unbiased
@SoumyajitBhattacharyay 2 жыл бұрын
Glad you feel this way. Yes i would always try to portray the truth so that it helps a lot of people. ❣️
@funWithAnkit 2 жыл бұрын
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.
@SoumyajitBhattacharyay 2 жыл бұрын
Totally agree. Will make it a three parts India, top tech and average tech . Whats say??
@funWithAnkit 2 жыл бұрын
@@SoumyajitBhattacharyay Great🤩 That will surely add a lot of value.
@saurabhshakya5367 2 жыл бұрын
@@SoumyajitBhattacharyay Absolutely right
@visheshsharma5383 2 жыл бұрын
Thanks a lot!! Was looking for something like this since long.
@SoumyajitBhattacharyay 2 жыл бұрын
Glad you found it useful 😊
@lowScales8730 2 жыл бұрын
Still watching and what an explanation. Hat's off 🙏🙏🙏
@SoumyajitBhattacharyay 2 жыл бұрын
Thanks ❤️ do share it among your friends and peers. Will definitely be helpful as well as entertaining 🙂
@parthg199 2 жыл бұрын
Great video. Not seen a video like this.
@somyakothiyal4177 2 жыл бұрын
pls make a video on the Savings of a Software Engineer in Germany as well
@SoumyajitBhattacharyay 2 жыл бұрын
Yes i will be making on a few countries. 🙂
@chan90s 2 жыл бұрын
Simple, 60k€ - 75k€. Flat 40% tax and 1k€ pm as your expense.
@ankitgupta1468 2 жыл бұрын
Bhaiya uk Zurich ka v saving of a software engineer video banaea Bhaiya ji 🙏
@SoumyajitBhattacharyay 2 жыл бұрын
@@ankitgupta1468 hanji next Savings wala video will be on UK.
@ankitgupta1468 2 жыл бұрын
@@SoumyajitBhattacharyay thank you bhaiya you are genius bhaiya 🙏🙏🙏🙏
@AadityaSharma04 2 жыл бұрын
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 2 жыл бұрын
Exactly. So this means most people are making way less savings in India
@AadityaSharma04 2 жыл бұрын
@@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.
@SoumyajitBhattacharyay 2 жыл бұрын
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.
@AadityaSharma04 2 жыл бұрын
@@SoumyajitBhattacharyay Yes many pay this but again its far away from the reality. Lets call it the best case scenario :)
@bhargavreddy7038 2 жыл бұрын
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
@chan90s 2 жыл бұрын
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 ?
@sachingupta5177 Жыл бұрын
Very good explanation, I have watched many videos about this, but yours is best.
@amanagarwalx 2 жыл бұрын
Why you planned to stay back here in India , just curious. A good reply could remove many of my confusions.
@utkarsh_108 2 жыл бұрын
much needed. thanks a lot
@bhargavreddy7038 2 жыл бұрын
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.
@SoumyajitBhattacharyay 2 жыл бұрын
Absolutely agree to this part. Spot on!
@utkarsh_108 2 жыл бұрын
so what do you think then? either stay there or not stay at all? @bhargav
@SoumyajitBhattacharyay 2 жыл бұрын
@@utkarsh_108 i suppose, stay there earn and then move to a low cost of living area. 🌝🌝
@shureshot6769 2 жыл бұрын
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
@ItzGhostHere 2 күн бұрын
You never lose the real ones You just lose normal people who surround you, keep living life you'll learn
@frustated_fool 2 жыл бұрын
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?
@SoumyajitBhattacharyay 2 жыл бұрын
It depends from one company to another. 😊
@prathamkohli9375 2 жыл бұрын
Great video!!
@user-db9dl7uf2j 2 ай бұрын
You content is very useful and crystal clear... Keep doing
@omgole7848 2 жыл бұрын
This is gold🔥
@SoumyajitBhattacharyay 2 жыл бұрын
Glad you feel this way. Do share it among your friends and peers ❤️
@aaryan3461 2 жыл бұрын
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 🔥
@mahirr8090 2 жыл бұрын
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?
@ajinkyavidwans4134 2 жыл бұрын
value++; 🙌🙌 More on European countries please. 😉
@SoumyajitBhattacharyay 2 жыл бұрын
Yes they will also come❤️
@yurjun8288 2 жыл бұрын
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
@kannankarthick849 2 жыл бұрын
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.
@krat9707 2 жыл бұрын
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 ........
@dps8681 Жыл бұрын
Kaha se masters kiya tha. What is your profile
@chaitanya812 2 жыл бұрын
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 ?
@akhilmudassir4514 2 жыл бұрын
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!
@SoumyajitBhattacharyay 2 жыл бұрын
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 😊
@Markcarleous1903 7 ай бұрын
@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
@dsolanki91 2 жыл бұрын
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
@syedarfath9298 2 жыл бұрын
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?
@SoumyajitBhattacharyay 2 жыл бұрын
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.
@manishjain9578 2 жыл бұрын
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?
@SoumyajitBhattacharyay 2 жыл бұрын
Yes many do and many don't. Really an interesting questions to be honest
@manishjain9578 2 жыл бұрын
@@SoumyajitBhattacharyay yes just a bit of extra thought XD. Idk if it's overthinking or long term thinking haha
@utkarsh_108 2 жыл бұрын
@@manishjain9578 not overthinking. these things must be calculated
@daisymodi3099 2 жыл бұрын
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.
@SoumyajitBhattacharyay 2 жыл бұрын
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. 😊
@evergreen7781 2 жыл бұрын
Whenever you have time, Next videos on : Amsterdam, Zurich, London, Berlin, Dublin.
@ankitrai4288 2 жыл бұрын
Thank you bhaiya for your awesome work
@JardaniJovonovich192 2 жыл бұрын
SDE 2 - 55Lakhs 😲(base pay + variable pay+ stocks per year) ? Or you just considered base+variable pay ?
@SoumyajitBhattacharyay 2 жыл бұрын
Here considering the yearly pay. How soever the split. 🙌 For all the three locations.
@abhi-5783 2 жыл бұрын
Hands down the most logical, transparent and well explained video on this topic. You deserve more subscribers!
@SoumyajitBhattacharyay 2 жыл бұрын
Glad you feel this way! Lets hope KZfaq realises it 🙏
@thelegend5633 Жыл бұрын
Nice information 👍👍👍
@jonathanalvares3676 2 жыл бұрын
Was waiting for this video
@SoumyajitBhattacharyay 2 жыл бұрын
That's nice to hear! ❤️
@6drollno25parveenkumar3 2 жыл бұрын
Bhaiya please Reply 😔😔 Can Bsc biotech graduate can sde position at Microsoft through offcampus placement or not.
@arthkumar26 2 жыл бұрын
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.
@SoumyajitBhattacharyay 2 жыл бұрын
Yes i will be having it for these cities as well❤️
@RIKKY988 2 жыл бұрын
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?
@SoumyajitBhattacharyay 2 жыл бұрын
SDE 2 experience is >2 yrs. Yes it will include the amount on which you will give your income tax yearly.
@anjalikumari8063 2 жыл бұрын
Can I transfer internally to India after working only 1-2years in Amazon usa or any foreign country?
@SoumyajitBhattacharyay 2 жыл бұрын
Yes you can.
@manmohantiwari62055 Жыл бұрын
In how many years does a freshers of 23 year old can be a sde2 in India or abroad
@shivamked 2 жыл бұрын
Great comparison video! Could you do a similar video comparing India vs Major tech hubs in Europe?
@mithunram4324 2 жыл бұрын
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
@SoumyajitBhattacharyay 2 жыл бұрын
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
@funenjoynilaypatel4553 2 жыл бұрын
any problem in INDIA ??
@maanilverma6888 2 жыл бұрын
@@SoumyajitBhattacharyay With L1 Visa Do Employees get paid according to the salaries given in USA or they are downgraded with respect to salaries
@SoumyajitBhattacharyay 2 жыл бұрын
The salary is typically paid In the range that is present there. Every company has a band which is followed.
@akanshi_gupta 2 жыл бұрын
Make a video on working in London vs singapore
@SoumyajitBhattacharyay 2 жыл бұрын
Yes i will be making them 🙌
@giit85 2 жыл бұрын
Awesome video ❤️❤️❣️
@SoumyajitBhattacharyay 2 жыл бұрын
Glad you feel this way ❤️
@santoshnag4655 2 жыл бұрын
Awesome work and explanation…can you make a video about Switzerland…I heard low taxes and similar to USA.
@SoumyajitBhattacharyay 2 жыл бұрын
Yes absolutely true. 🙌 Will make it! Do share it among your friends and peers ❤️
@RishabhJain-hr6sz 2 жыл бұрын
Thanks for giving such a crystal clear picture.
@SoumyajitBhattacharyay 2 жыл бұрын
Anytime yaar ❤️
@hkjain14 Жыл бұрын
Really insightful video! Please make a similar video for Netherlands and Australia
@runtime379 2 жыл бұрын
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
@SoumyajitBhattacharyay 2 жыл бұрын
Naa naa aise nai hota hai. Thoda sa lagta hai. But Income tax nahi lagega
@listen2440 2 жыл бұрын
You need to pay conversion rates.
@funenjoynilaypatel4553 2 жыл бұрын
hey @Soumyajit Bhattacharyay are u planing to go to USA or stay in INDIA ?????
@SoumyajitBhattacharyay 2 жыл бұрын
Right now haven't yet given a thought. Depends on the type of opportunities available. 😊
@funenjoynilaypatel4553 2 жыл бұрын
motivation ++ ; cout
@SoumyajitBhattacharyay 2 жыл бұрын
That is what I wanted amazing ❤️
@spy_kill 2 жыл бұрын
Tell me how can I manage other engeneering subjects with doing DSA
@aryanchauhan6671 2 жыл бұрын
Good work bhai
@SoumyajitBhattacharyay 2 жыл бұрын
Thanks 🙌🙌
@adityajain1924 2 жыл бұрын
Can you make a video like this on Switzerland also Love this video ❤️❤️
@freeCoursescom 2 жыл бұрын
Taxes on the base salary?
@shivamsaini7812 2 жыл бұрын
Hi Soumyajit, thanks very much for the informative video!💯 Could you please put the link of that sheet in comments or description?
@SoumyajitBhattacharyay 2 жыл бұрын
Okk sure will do so
@chakrabarti9634 2 жыл бұрын
@@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❤️
@SoumyajitBhattacharyay 2 жыл бұрын
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.
@chakrabarti9634 2 жыл бұрын
@@SoumyajitBhattacharyay oooo 😁
@sabarisabari8926 2 жыл бұрын
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..
@tvgr8218 2 жыл бұрын
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
@sabarisabari8926 2 жыл бұрын
@@tvgr8218 oh thanks bro.i am planning to do masters in usa
@ManishKumar-pm6rd 2 жыл бұрын
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?
@SoumyajitBhattacharyay 2 жыл бұрын
It is not LPA, when you are considering 4 years stocks. So make it CTC. As the actual LPA is much lower.
@ManishKumar-pm6rd 2 жыл бұрын
@@SoumyajitBhattacharyay oh, sorry about that. So will the TC increase for 2021 batch?
@sbvkrishna 2 жыл бұрын
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
@suvigyabasnotra7378 2 жыл бұрын
Haan pehle yeh karlo.... Jab job tak nahi mil rahi!
@shivamsrivastava664 2 жыл бұрын
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
@melwin217 2 жыл бұрын
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?
@SoumyajitBhattacharyay 2 жыл бұрын
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
@yasssh7835 2 жыл бұрын
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.
@SoumyajitBhattacharyay 2 жыл бұрын
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! 😊
@yasssh7835 2 жыл бұрын
@@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
@SoumyajitBhattacharyay 2 жыл бұрын
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.
@yasssh7835 2 жыл бұрын
@@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.
@gagankhatri3312 2 жыл бұрын
@@SoumyajitBhattacharyay can you pls come with a video in full details how she did it in 17 lakhs
@BhuvaneshSrivastava 2 жыл бұрын
Can you also make comparison with London / Glasgow as well?
@uditjoshi199 2 жыл бұрын
Please make similar type of video on Singapore as well because getting job in Singapore is more easier than USA.
@ayushtomar6824 2 жыл бұрын
Please make a detailed video on confluent like you have made for other companies.
@kirtisinha2000 2 жыл бұрын
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.... 💖
@SoumyajitBhattacharyay 2 жыл бұрын
Agree to this chain of thoughts!
@krat9707 2 жыл бұрын
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
@pikachu8755 2 жыл бұрын
@@SoumyajitBhattacharyay Sir is USA generally the best place to earn and save more money (compared to other countries like Switzerland, London, etc)?
@krat9707 2 жыл бұрын
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 .........
@vedantsheth9610 2 жыл бұрын
But how to become software developer in Seattle if we r graduating from india
@SoumyajitBhattacharyay 2 жыл бұрын
No direct way. You would need to go there via internal transfer
@chan90s 2 жыл бұрын
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
@SoumyajitBhattacharyay 2 жыл бұрын
That I totally agree! Changing of jobs and freedom to do things totally depends on the VISA in which you enter US!
@utkarsh_108 2 жыл бұрын
how could 35 be better, can't get any Work life balance in india i guess & the quality of work
@vivekgupta-lg1mp 2 жыл бұрын
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.
@SoumyajitBhattacharyay 2 жыл бұрын
This is for product based Companies. 😊 Yes for service based Companies the compensation will be lesser.
@anubhavtyagi4316 2 жыл бұрын
Hi Bhaiya ! I like your informative videos very much . Currently I am an ASE in an MNC posted gurgaon earning 7 lpa. I want to switch internationally with a good mnc , how should I go for it ? Should I apply after 1 year of exp directly to International offers or get a job here first in big brands and then internal transfer!!
@SoumyajitBhattacharyay 2 жыл бұрын
In USA, you would require to transfer internally. Outside of that, do go ahead and apply to your hearts extent.
@anubhavtyagi4316 2 жыл бұрын
Thanks Bhaiya ! I will try level best to achieve that
@manishjain9578 2 жыл бұрын
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?
@akhilmudassir4514 2 жыл бұрын
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 :)
@manishjain9578 2 жыл бұрын
@@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.
@manishjain9578 2 жыл бұрын
Soumyajit your take on this?
@vikrantshelke2418 2 жыл бұрын
Very informative and detailed video. Could you please consider Germany as next country in this series. Will really appreciate it.
@SoumyajitBhattacharyay 2 жыл бұрын
Yes i will be taking European countries. Let me see which one I can take 🙌
@relaxandsleep1856 2 жыл бұрын
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.
@SoumyajitBhattacharyay 2 жыл бұрын
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. 😊
@krat9707 2 жыл бұрын
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
@shivamsrivastava664 2 жыл бұрын
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 !!
@khushbusinghal8318 2 жыл бұрын
Areyy... Yhi to chahie tha🙌👏
@SoumyajitBhattacharyay 2 жыл бұрын
Hahah ❤️
@likithnagasaiadusumalli8495 2 жыл бұрын
First like and comment 😍
@SoumyajitBhattacharyay 2 жыл бұрын
Glad ❤️
@deepnarayanpaul3138 8 ай бұрын
Please make a same video on Switzerland.
@bugswithgoogle7023 Жыл бұрын
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?
@SoumyajitBhattacharyay Жыл бұрын
Yes
@bugswithgoogle7023 Жыл бұрын
@@SoumyajitBhattacharyay and If I want to save money with minimal risk?😂
@ashutoshkumar3300 2 жыл бұрын
This contains only base salary right?
@SoumyajitBhattacharyay 2 жыл бұрын
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.?
@pratikpatel182 Ай бұрын
Where is Car EMis?
@mihiradarsh7604 2 жыл бұрын
❤
@SHIVAMSINGH-po6rl 2 жыл бұрын
eye opener can you do it for other countries like germany ?
@SoumyajitBhattacharyay 2 жыл бұрын
Thanks. Yes absolutely ❣️
@carpediem9407 2 жыл бұрын
I joined as sde 1 just . How much time it takes avg to become sde 2 .?
@SoumyajitBhattacharyay 2 жыл бұрын
Which company? Some have time in level dependant promos some have impact dependent promos
@saptaparneesaha2135 2 жыл бұрын
Niceee🤘🤘
@SoumyajitBhattacharyay 2 жыл бұрын
Thanks 🙌🙌
@kislaykaushik 2 жыл бұрын
Hello bhaiya... Can you make a detailed video on rubrik... 😊😊😊😊😊
@ToffeeMoney 2 жыл бұрын
Looking forward to finance for engineers playlist
@SoumyajitBhattacharyay 2 жыл бұрын
Absolutely ❤️
@amruth2545 Жыл бұрын
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 ?
@SoumyajitBhattacharyay Жыл бұрын
No 55 Lakh is the yearly salary. That you will get in a year. And on which you would have to pay income tax
@amruth2545 Жыл бұрын
@@SoumyajitBhattacharyay which is that company that has a base salary of 55 lakh in India ?
@freeCoursescom 2 жыл бұрын
USA TAXES HOW MUCH ?
@ksachinkumar7335 2 жыл бұрын
Soumyajit bhaiya pls make a video on software engineers living in Germany
@kaushiknits0307 2 жыл бұрын
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 2 жыл бұрын
Not necessarily. All the things mentioned are not reimbursed by Amazon and apple itself. 😊
@kaushiknits0307 2 жыл бұрын
@@SoumyajitBhattacharyay yes Amazon and apple won't give you free meals hence I mentioned " Most of the companies ". But the meals are highly subsidized.
@anirbanbhattacharya2799 2 жыл бұрын
Nice video. But you forgot a very important aspect which is medical expenses. Medical expenses are extremely high in USA.
@SoumyajitBhattacharyay 2 жыл бұрын
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.
@anirbanbhattacharya2799 2 жыл бұрын
@@SoumyajitBhattacharyay Oh okay. Got it! Thanks for the clarification.
@maniksharma9021 2 жыл бұрын
Bhaiya india se usa jaane ka best tarika kya hoga agar mai abhi college mei hun toh?
@SoumyajitBhattacharyay 2 жыл бұрын
Best will be college ke baad seedhe ma kar lo. Nahi toh internal transfer from a company
@maniksharma9021 2 жыл бұрын
@@SoumyajitBhattacharyay bhaiya us mei sde job milna kitna difficult hai when compared to india
@shivamkushwah3542 2 жыл бұрын
you are not like other stupid youtubers, and that is the best thing that I like about your content......
@SoumyajitBhattacharyay 2 жыл бұрын
Hahaha. 😊 I try to be as authentic and true as possible. And as always, provide value as much as possible ❤️
@shivamkushwah3542 2 жыл бұрын
@@SoumyajitBhattacharyay sure man, thanks for existing, lol
@maddy6917 2 жыл бұрын
bro make video on how to get a software engineer job remotely
@SoumyajitBhattacharyay 2 жыл бұрын
Surely will make one.
@cxc1449 2 жыл бұрын
Is 55 lakh a fixed salary? Or you included stock(over 4 year) and huge joining bonus ?
@SoumyajitBhattacharyay 2 жыл бұрын
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.
@cxc1449 2 жыл бұрын
@@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,
@SoumyajitBhattacharyay 2 жыл бұрын
@@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!
@meetpatel2720 7 ай бұрын
Isn't food, transport and mobile bills are free for faang employees?
@SoumyajitBhattacharyay 7 ай бұрын
Not necessarily
@rajpradeep87 Жыл бұрын
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.
@ToffeeMoney 2 жыл бұрын
Those salaries are CTC right??as Most of the ctc element is once in few years
@SoumyajitBhattacharyay 2 жыл бұрын
No why would these be CTC! This is yearly salary. Basically salary on which you will give your yearly income tax.
@aishuo07 2 жыл бұрын
@@SoumyajitBhattacharyay are companies really paying 55 LPA for sde2
@SoumyajitBhattacharyay 2 жыл бұрын
@@aishuo07 yes. Infact that is the bottom of the band in many companies 😊
@aishuo07 2 жыл бұрын
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
@aishuo07 2 жыл бұрын
@@SoumyajitBhattacharyay are they wrong?
@ishangupta350 2 жыл бұрын
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.
@SoumyajitBhattacharyay 2 жыл бұрын
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.
@parthg199 2 жыл бұрын
Just s suggestion make s video, on other countries in the list from previous video.
@SoumyajitBhattacharyay 2 жыл бұрын
Yes i will.make that!!
@parthg199 2 жыл бұрын
@@SoumyajitBhattacharyay thanks!
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