What Should Be Your Expected CTC with 3 Years of Experience After Starting at 7.5 LPA?

Changi Flight Cabin Crew experience a significant transition as they progress from their initial roles to advanced positions. When starting at 7.5 LPA, your next step with 3 years of experience could see a substantial boost in your CTC. Let’s explore how to achieve a better position and what factors influence your expected CTC.

Understanding the Current Scenario

Your current CTC is 7.5 LPA. With three years of experience, your expected CTC can potentially increase by 30-60% from your initial salary. If you prepare well and clear multiple rounds of rigorous interview processes at a top-tier IT product company, you could even see an increase up to 2-3 times your current salary. The following is a detailed approach to help you navigate your career growth.

Programming Skills

Mastering Data Structures and Algorithms: Focus on mastering common data structures such as arrays, linked lists, stacks, queues, trees, and graphs. Practice various algorithms, including sorting, searching, recursion, and dynamic programming. Engage in solving problems on popular platforms like LeetCode and HackerRank.

Projects and Portfolio Development

Coding Projects: Develop personal projects or applications that showcase your coding skills. Contribute to open-source projects and create a GitHub portfolio to highlight your contributions.

Soft Skills Development

Communication and Problem-Solving: Improve your communication and teamwork abilities. Develop problem-solving strategies and prepare to answer behavioral questions. Attend career fairs, network with alumni from top-tier IT product companies, and participate in hackathons and competitive programming contests to enhance your skills.

Networking and Career Preparation

Networking: Attend career fairs, connect with college alumni who work in top-tier IT product companies, and participate in hackathons and competitive programming contests to improve your competitive standing.

Prepare Your Resume: Seek help from a career guidance cell or college alumni network to prepare your resume. Conduct many mock interview discussions to refine your presentation and negotiation skills.

Expected CTC Breakdown and Factors Influencing It

The expected CTC after three years of experience can vary based on several factors, including:

Skillset

The more in-demand your skills are, the higher your expected CTC. For example, if you have skills in niche technologies or a strong track record of delivering results, you can command a higher salary.

Industry

Some industries, such as finance and technology, typically offer higher salaries compared to others. If you are working in a high-paying industry, your expected CTC will be higher.

Company

The size and reputation of the company can significantly impact your CTC. Companies with strong financial positions and good reputations tend to offer higher salaries.

Additional Tips for Negotiating Your Expected CTC

Research: Before negotiating, do thorough research to understand what others in your position earn with your experience level. Use this information as a starting point for negotiations.

Confidence and Assertiveness: Be confident and assertive during negotiations. Don’t hesitate to ask for what you want and consider walking away if you don’t receive a satisfactory offer.

Pragmatic Negotiation: Be prepared to compromise. While it’s unlikely you’ll get everything, being willing to negotiate and walk away if you’re not happy with the offer is important.

As a general rule, with each year of experience, you can expect a 10-20% salary increase. So, if your current CTC is 7.5 LPA, your expected CTC with three years of experience would be between 9.3 LPA and 10.5 LPA.

Of course, these are estimates, and your actual expected CTC may vary based on specific factors. Nonetheless, this should give you a good idea of what to expect.