What was your first salary and what did you do with it after college?

Updated on : December 4, 2021 by Harry Goodwin



What was your first salary and what did you do with it after college?

My first salary was 300rs.

I was in the first year of my undergraduate degree and I wanted to earn some money. I went to register for the 12th grade in Psychology.

I finished the whole chapter in one session. * Palm of the hand *

Unsurprisingly, the student's parent texted me the next day telling me that they would prefer someone more "experienced" and that I should collect my payment the next day.

When I got to their house, they asked me about the rate. I politely asked them what seemed most convenient to them. They gave me 300 rs :)

What did I do with it? I have a hardcore 'save money' mentality so that's what I did.

My first salary was 1000 / -. Back in 1985. I bought Mom a pressure cooker. Shirt for dad. I bought a bag for the office.

He saved the rest for daily expenses. However, there was not much left.

Mom was very happy. Dad too.

And happy was I.

The sad thing is, I made roughly the same during my college days working part-time as a freelancer, but that route was unreliable and inconsistent.

Hello there,

In my final year of college I was selected in interviews on campus by a renowned multinational. But I had to wait about 8 months to join. During this time, I was getting bored of sitting at home, so I applied for some BPO (callcenter jobs). That time, there were many vacancies. So I chose one that was closer to home. My first month's salary was around 15000. I bought gold for around 8 to 9k and the rest I gave at home. They will be really proud at that time. Typical situation where you get the first salary and give it to your parents. This was my experience.

All the best and stay safe

First job -

  1. Occupation: Worked in middleware and cloud technology
  2. Salary -
    Rs. 3,00,000 (CTC) and Rs. 3,00,000 (assignments) → Total income was around Rs. 6,00,000
  3. Year - 2012 to 2014

Second job -

  1. Occupation: worked as a SAP consultant
  2. Salary -
    Rs. 12,00,000 (CTC) and Rs. 7,00,000 (allotments and shares) → Total income was around Rs. 19,00,000
  3. Year - 2014-2016

Third job -

  1. Occupation - Technical Project Manager
  2. Salary -
    Rs. 17,00,000 (CTC) and Rs. 11,00,000 (allotments and shares) → Total income is currently around Rs. 28,00,000
  3. Year: current year, i.e. 2016

Note :-

  1. I felt like I needed to write this answer
Keep reading

First job -

  1. Occupation: Worked in middleware and cloud technology
  2. Salary -
    Rs. 3,00,000 (CTC) and Rs. 3,00,000 (assignments) → Total income was around Rs. 6,00,000
  3. Year - 2012 to 2014

Second job -

  1. Occupation: worked as a SAP consultant
  2. Salary -
    Rs. 12,00,000 (CTC) and Rs. 7,00,000 (allotments and shares) → Total income was around Rs. 19,00,000
  3. Year - 2014-2016

Third job -

  1. Occupation - Technical Project Manager
  2. Salary -
    Rs. 17,00,000 (CTC) and Rs. 11,00,000 (allotments and shares) → Total income is currently around Rs. 28,00,000
  3. Year: current year, i.e. 2016

Note :-

  1. I felt that I needed to write this answer for everyone to read because with my profile no one would feel that what I have achieved in my more than 4 years of experience so far is possible.
  2. My experience / profile -
    Class 10 → 85%
    Class 12 → 65%
    B.Tech (CSE) → 7.5 GPA (with 3 supplements)
  3. He was a good student throughout, but my twelfth standard got screwed up for personal reasons and I hate to justify it. They told me to go down a year, but I went ahead and showed up and under those circumstances scoring 65% wasn't that bad.
  4. I got admission to an extremely ordinary engineering school through a management fee (not as high as the first group of the university supposedly was).
  5. I studied hard and focused on gaining knowledge throughout my engineering days, although my qualifications do not reflect the same. I received some supplements mainly because I shared a horrible equation with the university administration.
  6. There were only two featured companies that they had visited for locations and they are L&T Infotech and I-Flex (an Oracle owned company), but I was not allowed to show up for both as the address was never my liking.
  7. I passed out in 2011 but didn't find a job to my liking until late mid 2012. I got a lot of offers, but they were of inferior quality and had CTC of less than Rs. 2.00.000 on offer. I never wanted to accept them and I didn't.
  8. I struggled immensely in the period between my graduation and my job. He had survived for days with just a couple of Idlis and a plate of rice (which cost less than Rs 30) studying since the morning at 8:00 AM. Until 9:30 p.m. M. I was in Hyderabad for a month and I remember completing five world-class IT certifications with the proper knowledge. I was unable to take the exam due to the financial crisis, but my intention was never to get certified, but to gain knowledge. I trust to say it loud and clear that I worked very hard to gain knowledge of those certifications.
  9. I returned to Bangalore and they placed me with a package of Rs. 3, 00,000 but including allowances, he was charging more than Rs. 50,000 per month.
  10. He made a career change after a couple of years and the salary is mentioned above.
  11. He made another job change after another 2 years and now works as a Project Manager.
  12. Professional achievements -
    → Most valuable employee considered by all the companies I have worked for so far and in these four consecutive years. I wouldn't disclose the companies I work for, but think of the top 5 dream IT companies and few of them have been my employers
    → The youngest project manager in my current company with only 4 years of experience and this is it less than I've heard. across the industry.
    → A salary of Rs. 28,00,000 for a professional of my experience is not bad and I had better salary offers. He accepted this role because it looked interesting on paper.
  13. Reasons behind writing this answer -
    → My salary is not the best in the market, which I clearly know, but I also know that very few students from my experience have reached this level to date. I know of many IIT / IIM graduates who are not even close and few inform me.
    → Most paid among all my college classmates. In fact, they don't even get 1/3 of what they pay me. This is not a matter of pride, but something that cannot be overlooked.
    → I want everyone who reads this answer to understand that profile is not everything and that you have never lost the battle until you accept defeat. Work hard and the world will bow.
    → Accept difficulties, as they would strengthen you as a person and help you to evolve stronger and mature.
  14. It had to be "Anonymous" for all valid and obvious reasons. Hope it motivates few and eventually helps people to be successful :)

Short answer: INR 12225, I got it on June 30, 2010. This was a salary of approx. 20 days.

  • I received my first salary via check, as I did not have a bank account or PAN number when I started my first job.

It was much-needed and hard-earned money. If you are interested read below, otherwise you already have your answer.

Long answer:

I came home from college on May 18, 2010. I received a placement offer from a company, but when I visited them in their office. I didn't find anyone there, it was sacred. After I got home, I was embarrassed to ask my parents for money.

I was from 3 level college, no

Keep reading

Short answer: INR 12225, I got it on June 30, 2010. This was a salary of approx. 20 days.

  • I received my first salary via check, as I did not have a bank account or PAN number when I started my first job.

It was much-needed and hard-earned money. If you are interested read below, otherwise you already have your answer.

Long answer:

I came home from college on May 18, 2010. I received a placement offer from a company, but when I visited them in their office. I didn't find anyone there, it was sacred. After I got home, I was embarrassed to ask my parents for money.

I was from the 3-level university, without a network of alumni and without contacts. My parents didn't know anyone who could help either. He had no clear plans to continue studying. I was just looking for work, but had no idea how to find it. Believe it or not, you didn't even know what the difference is between an IT company and a BPO.

I still remember that it was raining and with that rain, I went to an internet cafe and paid RS 20 for an hour and did the following things.

  • I created an account on Naukri, Monster, Shine and joined some forums like aasna job and many more.
  • I went through the comment section and collected all the business phone numbers and HR numbers that I could find.
  • That hour wasn't long enough, but I only had 20 RS left, I recharged my phone and it used to give 50MB of 2g data for 15 RS and 5R for the car home.

After I got home, I opened a new record and started jotting down all the numbers and started tracking my requests and calls. I also started calling friends and older people who were smart. He was still recovering from the Great Recession of 2008. No one had a job.

I called a person from another university whom I met during a presentation seminar at some university. I thought, that guy must surely be working somewhere. Luckily for me, I was working at Dell BPO. He referred me there. It is the largest and most beautiful building I have ever seen. I was hell-bent on breaking it down and making it the company of my dreams. I cleaned all the rounds. Few rounds of communication, GD round, networking questions, etc. HR told me to go home and contact you, but they never did. Interestingly, when I was sitting in the Dell office for interview rounds, HR would call me from another company, but I was so in love with Dell Building and confident that I can get the job that I kept ignoring his calls.

Look at the office:

After being rejected from there, I prepared even more and finally decided to give the call from the previous Recruiter a shot. I was able to take advantage of this opportunity. It was shift work. But luckily one from IT. A was an analyst at Crystal Report.

I have learned

  • Email ability,
  • Corporate configuration,
  • Communication skills,
  • Customer management,
  • Production launch steps,
  • Handling of tickets and processes and procedures.

Many useful things that nobody taught in college, but that were very basic to get a job. My package was INR 212000, I was supposed to get 17735 per month with the possibility of earning an additional 4000 through incentives.

  • My shift hours were from 5:30 pm to 2:30 am
  • Cab used to pick me up at my house at 3:00 and he used to drop me at the office around 4:10 pm to 4:15 pm and at night if I could leave at 2:30 pm I will be home at 4:00 A.M.
  • Most nights he worked until 4:00 a.m. M. since I was doing profitable technical work, I was able to get almost 2k to 4k per month starting from the third month in the organization. In fact, I also used to give some of my tickets to my team leader, so he can earn incentives too. He used to help me a lot to learn new things, guide me in my career, protect me from office and manager politics. He remains a great friend. I still go to him for advice.
  • Our boss used to misbehave and yell at us on the ground.

After all this hard work and life-changing experience, I received this first money.

Thank you for reading. I hope this helps someone.

Unfaithful.

It would be strange to label it a 'job', but I started to earn a lot of money taking exams and courses for others in college.

I would charge 4,500 ~ 9,000 USD for the entire course, or 800 ~ 1,500 for a single test. I guaranteed B or more and received 2,000 incentives for A and 1,000 for AB. (I thought the price was crazy, but it was the law of supply and demand.)

That evolved into taking the TOEFL (test of English as a foreign language) for kids on the west or east coast, and it was much more lucrative than doing things in college. After about six months, I got at least silver status as a frequent flyer

Keep reading

Unfaithful.

It would be strange to label it a 'job', but I started to earn a lot of money taking exams and courses for others in college.

I would charge 4,500 ~ 9,000 USD for the entire course, or 800 ~ 1,500 for a single test. I guaranteed B or more and received 2,000 incentives for A and 1,000 for AB. (I thought the price was crazy, but it was the law of supply and demand.)

That evolved into taking the TOEFL (test of English as a foreign language) for kids on the west or east coast, and it was much more lucrative than doing things in college. After about six months, I earned at least silver-level frequent flyer status on four different airlines. He flew a lot, like that Ed Norton in Fight Club. But he was making money so it wasn't too painful. Also, I was allowed to stay in good hotels in Los Angeles, San Francisco, Boston, New York, Brooklyn, Flushing, etc. It was fun times, earning money and getting to know different places.

Aaaaannnnddddd, I was finally caught by ETS, which forbade me from taking any of their exams forever, and the university caught me shortly afterwards as well.

At first I started doing this to pay for my tuition, but I guess I was expecting it since I made a lot more than I needed, bought a car, rented my own two bedroom apartment and even hired a cleaning lady who comes two times a week.
I once bought two pairs of Louboutin (expensive girl's shoes), iphone, ipad and macbook pro for my girlfriend, and all of that happened in a period of 40 days.

I was 21 ~ 25 during those days. I am now 29 years old.
I don't have a college degree and I can't even apply for jobs that require TOEFL or any other ETS test scores.

Now I'm broke, lonely, cold and miserable, spending every passing moment regretting my stupid decisions ...
No! I don't have a college degree, and it's true that I don't have access to ETS, but fuck it. I manage to get along just fine right now. I have a steady job and a shaky but lucrative side job, and I don't owe anyone any money. I've been putting half my salary into 401k for three years and I think I can keep it that way.

However, I regret, I really regret that I cheated for money, providing unfair competition for classmates or other test takers. But do I feel sorry for college or for STDs? Never.

Most universities today turn passionate professors and professors into idiots by wearing them down with their shitty policies, and it has been a long time since universities lost their focus on providing a decent education. Most of the faculties are good people, but when they are in a group, they become these greedy and lazy idiots who show no effort in other things than securing their jobs and funding.
And for ETS, everyone knows that they are nothing more than a fat whore who gets money.

Ok, I guess I'll stop here.

My first paid job = cheating on exams.

2014 - First job: StartUp (Gurgaon) 3.6 LPA

I like this startup but it has some drawbacks.

After 3 months
1. I received a call from a company for a job requirement.
2. A couple of interviews.
3. I received an offer.

2014 - Second Job: Product Based (Gurgaon) 5 LPA

I joined as a low level, lowest paid junior developer and now I became a "web development leader" and led a strong team of developers.

I love this company because they never restrict any employee with rules. No schedules, dress code blah blah…. #Work just for you ... love the job and help the company :)

Increased twice
1. December 2015 80% 5 LPA to 9 LPA
2. August

Keep reading

2014 - First job: StartUp (Gurgaon) 3.6 LPA

I like this startup but it has some drawbacks.

After 3 months
1. I received a call from a company for a job requirement.
2. A couple of interviews.
3. I received an offer.

2014 - Second Job: Product Based (Gurgaon) 5 LPA

I joined as a low level, lowest paid junior developer and now I became a "web development leader" and led a strong team of developers.

I love this company because they never restrict any employee with rules. No schedules, dress code blah blah…. #Work just for you ... love the job and help the company :)

It increased twice
1. December 2015 80% 5 LPA to 9 LPA
2. August 2016 - 80% 9 LPA to 18 LPA.

2017 - I received many offers from different companies.
5 - Offers available (21 LPA + 2 Bonus, 22 LAP, 20 LPA + Stock, etc.)
3 - Oral offers

I wrote an email to my boss about these offers and explained my situation. The best part is that I asked him like this: "I love this company and have turned down a lot of offers, but some of the last offers were pretty good so I can't make any decisions because at the end of the day it's all about my life and my career. So please guide me on what to do It depends on your answer, I need to think and move on.

He responded like this: "Hey buddy, let's talk about this on Monday."

I thought he could not pay me and he will try to convince me and in the worst case he will give me a good goodbye.

Waiting for Monday ……….

Monday

Boss: Hello friend, now you have a lot of offers in your hand and I understand your situation, so now what are you going to do?

Me: I already told you that this is an important decision, so it is up to you, I must continue.

Boss: Hmm, that's great, so tell me a number that makes you happy and don't look for any offers for 1 more year (Smiling)

Me: Ha ha, do I need to say the number? I mean you already know my offers so you can decide.

Boss: Yes, I know, but you have to tell me directly now.

Me: Give me the same 23 LPA offer and I'll be happy for sure.

Boss: Okay, I'm giving you 24 promotions and perks (free hosting, upgrades, etc.) and promise me that you won't be looking for any offers for a year. He has contributed a lot to the company and we cannot afford to lose him at all costs. So are you happy now?

Me: (Surprised): I promise it will be great and thank you very much.

Offer letter was published in 3 days and I became the web development leader with 24 CTC.

I feel really amazing when I look back and get a lot of respect and recognition in my career so far.

Why Anonymous: I love being anonymous on quora when discussing my salary details

My first salary was 5k, yes, some of you might be thinking that it is too low for an approved BE engineer with decent qualifications from level 2 university. But this is the truth:

Moving to the background, I joined a product-based start-up company where people used to work day and night, I worked there for almost 6 months until I joined Accenture. The learning was excellent, I had the opportunity to learn coding and other applications as I was one of the few recent graduates who was placed in a technical team, most of my friends or say that the people who joined me were placed in tests.

How do you wait?

Keep reading

My first salary was 5k, yes, some of you might be thinking that it is too low for an approved BE engineer with decent qualifications from level 2 university. But this is the truth:

Moving to the background, I joined a product-based start-up company where people used to work day and night, I worked there for almost 6 months until I joined Accenture. The learning was excellent, I had the opportunity to learn coding and other applications as I was one of the few recent graduates who was placed in a technical team, most of my friends or say that the people who joined me were placed in tests.

How did I spend it?

well yeah I came home with 5k in hand and told mom and dad they could buy a new pair of dresses and shoes. But my mom denied it and said better keep it to yourself because we're already winning well. My father is a retired government employee and my mother is a homemaker. I used to go in a private taxi every day which costs me around 3,500 per month, that's where I spent all my money to pay for the taxi fare. I was happy because I was doing something for myself independently with my hard earned money. Yes, it was hard to win as I was working like a coding freak for most of the day and then from home as well. I used to have breakfast, lunch at my desk, without breaks.

I also got a CBSE scholarship and a scholarship from the school for being one of the best at HSC, that money I gave to my parents to help them submit my college fee. I was proud, I sent my dad to collect the scholarship amount on purpose because he wanted to see my dad holding that 15k check and a trophy. In fact, it was a proud moment for him :).

How much salary will I get after finishing an MBA?

Zero. Any.

The question is based on a common misconception that if you "check a box" on a resume or application, you automatically entitle that person to a certain salary. While it is true that people with college degrees and advanced degrees earn more than those without the credentials, there are also many people with advanced degrees (including MBAs) who work for below-average salaries.

Here's the bottom line: You don't get paid to have a college degree. You are paid for the value you bring to the job.

It doesn't matter if you are fl

Keep reading

How much salary will I get after finishing an MBA?

Zero. Any.

The question is based on a common misconception that if you "check a box" on a resume or application, you automatically entitle that person to a certain salary. While it is true that people with college degrees and advanced degrees earn more than those without the credentials, there are also many people with advanced degrees (including MBAs) who work for below-average salaries.

Here's the bottom line: You don't get paid to have a college degree. You are paid for the value you bring to the job.

It doesn't matter if you're flipping hamburgers or doing brain surgery, any employer can only pay you a percentage based on the value of the work you do. If you can generate $ 1 million in net earnings each year with the skills you learned in your MBA program, then your salary will be very high, probably $ 250,000 to $ 300,000 a year. If you've just arrived at an employer's human resources office with your MBA and have no idea how to apply that knowledge, you'll start out as an entry-level analyst until they find out if it's worth more than $ 30,000 a year.

It was what most engineering graduates got: the median.

It was then that I decided that the job I would take, which was a tried and tested path by many in my family (IT), didn't seem to be making the cut and I switched to something (the automotive sector). which left a couple in my family with their mouths open.

They didn't pay me as much as they would have paid me if I had accepted the “IT” job. It was thanks to that work that I was able to experiment more with something I knew and liked: the supply chain.

Do I regret it now? No.

Don't be late on money initially, learn as much as you do

Keep reading

It was what most engineering graduates got: the median.

It was then that I decided that the job I would take, which was a tried and tested path by many in my family (IT), didn't seem to be making the cut and I switched to something (the automotive sector). which left a couple in my family with their mouths open.

They didn't pay me as much as they would have paid me if I had accepted the “IT” job. It was thanks to that work that I was able to experiment more with something I knew and liked: the supply chain.

Do I regret it now? No.

Don't be late on money initially, learn as much as you can. Be grateful for every opportunity and every adventure. It doesn't have to be the dream you had for yourself, but it would somehow be the dream you needed. Because when you love what you do, you wouldn't have to work a single day of your life.

The grand sum of $ 10,800.

Before I started laughing, that was 130% more than the cost of my Philosophy degree from a state university.

Twenty-five years later, I was making more in a week than the cost of my lousy title.

College used to pay off, a BIG time. For most of those who enroll today, this is not the case due to rising costs and fixed salaries.

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