Truth behind CRORE package | Harkirat Singh salary revealed

TL;DR

Harkirat shares insights on salary, job market challenges, and the impact of AI on employment.

Transcript

Harkirat, we will keep this podcast in Hindi Is it fine? My Hindi is weak.... No am just kidding I know Hindi So the first question is How much did you earn in 2023 Close to 5 cr From where did you start? As I graduated from IIT, so I got a oncampus placement Job market is very disrupted these days What do you think about it? It really helps in the... Read More

Key Insights

• 😚 Harkirat earns close to 5 crore through a mix of salary, equity, and volatile NFT assets, underscoring modern salary complexity.
• 🧑‍💻 The job market is disrupted, with competition increasing, making specialized skills and adaptability essential for job seekers, particularly in tech.
• 🤗 Freshers are encouraged to focus on practical experience, such as project building and open source contributions, to enhance employability.
• ✋ Remote job opportunities exist but require higher efforts and skills, making them challenging yet worthwhile for qualified candidates.
• 🤗 Open source participation boosts practical skills and helps candidates stand out during interviews, especially for international positions.
• 🧘 DSA remains a critical area for preparation for positions in India, whereas international roles may prioritize practical application skills over theoretical knowledge.
• 💗 The podcast underscores a growing trend in the tech industry towards equity and asset-based compensation, reflecting the importance of financial literacy among professionals.

Questions & Answers

Q: What components make up Harkirat's earnings for 2023?

Harkirat's earnings for 2023 total close to 5 crore, consisting of 1.6 crore in cash, equity valued around 200K, and significant income generated from NFTs. The equity and NFT portions show how modern compensation packages can include volatile assets alongside traditional cash payments.

Q: How is the job market affected by AI and the recession?

The job market has become more challenging to navigate due to recession factors and AI advancements. Job seekers must provide high value through specialized skills like Full Stack development to remain competitive, as the number of entry-level opportunities declines and companies seek experienced applicants.

Q: What advice does Harkirat give to freshers looking for jobs?

Harkirat recommends freshers focus on developing specialized skills, such as Full Stack development, and engaging in building projects. He also suggests exploring remote job opportunities, emphasizing that while they are harder to obtain, the rewards can justify the effort if candidates exhibit strong skill sets.

Q: Are remote jobs as viable as on-site positions according to Harkirat?

Harkirat believes remote jobs offer significant advantages, such as the flexibility of working from home and potentially collaborating with talented teams globally. However, he acknowledges they require more skill and effort to secure, as competition is broad, and hiring managers can choose candidates from a larger pool.

Q: What are the benefits of open source contributions mentioned in the discussion?

Harkirat points out that contributing to open source projects helps build practical skills and readability of existing code. This engagement not only demonstrates a candidate's capabilities but also provides insight into real-world coding practices, which is invaluable during job interviews, especially in international markets.

Q: Is studying DSA important for job seekers according to the conversation?

Harkirat emphasizes that DSA is crucial for job seekers applying within India, since many companies heavily rely on these skills in interviews. However, he notes that for roles abroad, while DSA knowledge is less critical, having a solid understanding may still benefit candidates and enhance their overall profile.

Summary & Key Takeaways

• Harkirat reveals his earnings for 2023, totaling close to 5 crores, broken down into cash, equity, and NFTs, illustrating diverse income sources.

• He discusses the current job market's challenges, emphasizing the importance of specialized skills in areas like Full Stack and remote positions, which require increased effort and adaptability.

• Open source contributions and coding skills are highlighted as beneficial for job seekers, with insights into the relevance of data structures and algorithms (DSA) depending on the job location.