Scaling from 5 LPA to 30 LPA: My Journey and Strategies

Over the course of my seven-year professional journey, I have managed to scale my salary from a modest 1.88 LPA to an impressive 32.8 LPA. This represents a remarkable 1645 increase from my initial salary. In this article, I will share my experience and the key strategies that have contributed to this exceptional salary growth.

Initial Years: Steady Growth

My professional journey began in May 2017 with a small company in Pune, where I earned an initial salary of 1.88 LPA. Over the next three years, I stayed with this company and received steady raises. My salary increased to 2.4 LPA after the first year, then to 3.2 LPA after the second year, and finally reached 4 LPA by my third year. By the time I left in September 2020, I had accumulated 3.4 years of experience under my belt.

STL: The 50 LPA Jump

After leaving the initial company, I made a career move to STL in Pune, which came with a significant salary increase of 50 LPA. My base salary was 5.5 LPA, with a variable component of 50 K. Despite the growth, I only stayed for four months before leaving in January 2021, accumulating a total of 3.9 years of experience.

Cognizant: A 107 LPA Hike

Feeling undeterred, I made another career move in February 2021 to Cognizant. This move came with a substantial increase of 107 LPA, taking my base salary to 13.89 LPA. Over the next year, I received two more raises: a 10 LPA hike to 14.89 LPA. By the time I left Cognizant in June 2022, I had 6.11 years of experience and a salary of 16.34 LPA.

Synechron: The 100 LPA Boost

My most recent move in July 2024 was to Synechron, where I now earn 32.8 LPA, a 100 LPA increase from my previous salary. This move adds an additional 7 years of experience to my career, representing a staggering overall growth of 1645 from my initial 1.88 LPA.

Key Factors for Salary Growth

Gaining Valuable Experience and Skills: Consistently acquiring new skills and valuable experience has been a crucial factor in my salary growth. Each role has provided new opportunities to learn and develop, which has helped me stay ahead of the curve. Strategic Job Changes: Making targeted switches every 1-2 years has allowed me to negotiate for higher salaries. Each job change has been strategically aligned with my career goals to ensure a steady increase in earning potential. Performance-Based Raises: Engaging in performance-based activities and taking on more senior roles has helped me secure raises ranging from 50 to 107 LPA. These raises have consistently contributed to my salary growth throughout my career. Continuous Development: Continuous development and learning have been key components of my career journey. Regularly updating my skills and knowledge base has helped me stay competitive and secure better positions.

The Importance of Career Management

The journey to scaling from 5 LPA to 30 LPA has not been linear. Proactively managing my career progression has been essential in achieving this remarkable 1645 increase over the course of my 7-year career. The willingness to change jobs every few years has been a crucial factor in maximizing my earning potential.

While the path has been challenging, the strategic career moves have not only boosted my salary but also enhanced my professional reputation and experience. This journey serves as a testament to the importance of thoughtful career planning and a willingness to adapt and grow.

Conclusion

In conclusion, my journey from a starting salary of 1.88 LPA to now earning 32.8 LPA highlights the value of strategic career planning, consistent development, and proactive job changes. By leveraging these key strategies, I have achieved a significant salary growth of 1645. If you enjoyed this journey and are interested in learning about my preparation for career interviews, please consider upvoting this article.