7y
Dear colleague,
Thanks for your input.
As you know, since I often explain this in all-hands meetings, we benchmark our salaries with other similar companies in the Tricity region. Our benchmarks so far have shown that we have competitive salaries. I understand that you can get higher salary if you move to Delhi or Bangalore, but remember that the cost of living is much higher and the lifestyle is much more hectic in those cities. We have this time asked all employees to give input on the benchmark process, and we are working on a new benchmark based on this input.
I think that your idea on using more of our budget on salaries than on annual trips is a good one. However, we need to keep on prioritising activities that create a good team spirit, and provide opportunities for cross-team and cross-culture exposure.
If you are a developer with one year experience, you have just started to learn. Your learning will increase exponentially as you do more coding and solve more complex tasks (that you will get with more experience). Learning is not only a question of learning new technologies all the time, but even more about learning to solve increasingly complex tasks in an increasingly simpler and better way. New technologies are easy to learn, but solving complex issues in the simplest possible way requires a lot of wisdom.
Further, as you know, we are going through a technology shift and there are new technologies and frameworks to be learned. One of the examples is the Angular training we have started in order to prepare for a shift to that technology. Many other major changes are coming in the next months. I would claim that there are few other companies where you would be able to learn more in the coming years than here due to the big tech changes. Since you have only been working for a year here, you have more than enough to learn irrespective of the technology shifts and the new technologies that we are implementing.
We have also recruited many new talents with several years of experience from other companies and our recruitment strategy is to recruit many more experienced colleagues. We would not be able to recruit experienced talents if our salaries were not competitive.
Thanks again for your input. I hope my response helps you understand this better from an overall perspective.
As always, I am always open for 1-to-1 meetings for more discussions on any issues.
Regards
Avtar