Truth behind CRORE package | Harkirat Singh salary revealed

Summary

In this podcast, Harkirat Singh discusses his impressive earnings in 2023, nearing 5 crores, with a breakdown including cash, equity, and NFTs. He shares his career journey starting from IIT to working in top companies and offers insights into the current job market, emphasizing the importance of specialized skills like React. Singh also talks about the challenges and benefits of remote jobs, the impact of AI on the industry, and the significance of open-source contributions. He provides advice for freshers, suggesting that despite market disruptions, high-paying jobs are still attainable, especially in startups and remote roles. Additionally, he touches on his hobbies, including filmmaking and music, and his investment strategies, primarily in crypto and real estate.

Takeaways

• 😀 Harkirat Singh, the guest, earned close to 5 crores in 2023, with a breakdown including cash, equity, and NFTs.
• 🎓 He started his career with a campus placement after graduating from IIT and had early experiences with internships like GSOC and Amazon.
• 💼 The current job market is disrupted, and Harkirat suggests that having specialized skills, like expertise in React, can command higher salaries.
• 🌐 Remote jobs are harder to get and require more effort and skills, but they offer the advantage of working from India without the need for relocation.
• 💡 Open source contributions are beneficial for showcasing one's abilities and can lead to job opportunities, but quality contributions matter more than quantity.
• 🤖 AI and automation tools like GitHub Copilot are enhancing developer productivity but are not yet replacing jobs; they are changing the nature of work.
• 💭 For freshers, Harkirat recommends building projects aggressively, maintaining good coding practices, and having strong communication skills to stand out in the job market.
• 🏆 Harkirat's investment strategy involves diversification with 50% in crypto, 30% in NFTs, 10% in cash or fixed deposits, and the rest in gold and commodities.
• 🎧 Outside of work, Harkirat enjoys filmmaking, listening to Punjabi music, and has a passion for teaching, especially with a focus on first principle thinking.
• 🏋️‍♂️ He also engages in sports like table tennis and basketball for leisure.

Q & A

What was Harkirat's approximate earnings in 2023?

Harkirat's earnings in 2023 were close to 5 crores, which included a pure cash component of 1.6 crores, equity worth around 200K USD, and NFTs valued at approximately 3.54 crores.

How did Harkirat's journey start after graduating from IIT?

After graduating from IIT, Harkirat got a campus placement. He also did internships, including one at Amazon during college, and participated in GSOC which gave him his first income.

What is Harkirat's perspective on the current job market for freshers?

Harkirat believes that despite the disrupted job market, it's still possible for freshers to earn well, especially if they are good at specific skills like React or if they are open to exploring full-stack roles in startups.

What are the challenges and requirements for getting a remote job, according to Harkirat?

Remote jobs are harder to crack and require more effort and skill from the candidate. They involve a broader set of factors and the competition is not limited to a specific region like India.

How does Harkirat view the benefits of open source contributions?

Open source contributions can demonstrate a candidate's ability to actually perform tasks and can be a differentiator in the job market. However, he warns against spamming contributions for the sake of having a green profile on GitHub.

What is Harkirat's advice for college students looking to get into remote jobs?

Harkirat suggests that students should be inherently motivated to build projects, maintain good coding practices, have strong communication skills, and be open to different time zones. He also recommends using Twitter as a platform to connect with potential employers.

What are Harkirat's thoughts on the impact of AI on the industry and job security?

Harkirat believes that AI and tools like GitHub Copilot are increasing productivity but does not necessarily lead to job loss. He draws a parallel with the introduction of IDEs, which made work easier but did not decrease the number of jobs.

How does Harkirat feel about the current state of AI tools in coding?

Harkirat thinks that while AI tools like Devin AI are fancy and can be helpful, they are not yet adaptable on day zero and are not a replacement for a developer's skills and context understanding.

What hobbies does Harkirat have outside of his professional life?

Harkirat enjoys filmmaking, listening to Punjabi songs, teaching (with a focus on first principle thinking), playing table tennis, and occasionally basketball.

How does Harkirat invest his earnings?

Harkirat invests his earnings with 50% in crypto, 30% in real estate, 10% in cash or fixed deposits, and 5% each in gold and commodities.