Reality of Tech Jobs in Product Based vs Service Based Companies

Reality of Tech Jobs in Product Based vs Service Based Companies - What’s Better during Layoffs 2024

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@gracys7204 6 ай бұрын

Not having job security is more stressful than any other reason.. So I would prefer service company and for extra money I would try some investments..

@Beinghuman84719 6 ай бұрын

True totally relatable I was working for product major in US and if their product revenues are going down you will be first to be laid off .

@porusmehta2807 6 ай бұрын

Hi @PavanSathiraju please be more specific. If you are in a big products company like Salesforce, Microsoft or Google you may be stress-free, but if you are working for a startup, or a products company which has say 1000 or 2000 people it is definitely not stress-free. There is pressure to deliver all the time, especially at the end of every quarter so that revenue targets are met. So please do not generalize and give young people the wrong idea. There can also be stagnation in your IT skills. Typically products companies will create a platform based on say Java or Python and use it for 5-10 years. They won't shift to newer technologies as quickly. So you need to cover these aspects as well.

@shantanudhiman8194 6 ай бұрын

A very valid point. Totally agree with this 👌🏼

@Abhishek-nh2dw 6 ай бұрын

Even in these companies that you have mentioned it completely depends on team to team

@vineetsrivastava388 6 ай бұрын

Thanks for the info....will avoid start up now 😂

@aarthisundar9928 6 ай бұрын

I have been working in a product company for 13 years, even there trainings for non development topics is not available for everyone

@SanjeetPrasad 6 ай бұрын

Product company have even 2-3 managers ,for example working for qualcomm,their end client is apple ,samsung ,you need to handle client manager of apple,samsung in parrellel as well plus qualcomm

@AvijitGupta-x8k 6 ай бұрын

I just resigned from Accenture yesterday for all these reasons you mentioned...hell yeah....

@sallu1077 6 ай бұрын

Oh really than what r u doing now

@AvijitGupta-x8k 6 ай бұрын

I am going to join a product based organisation...😅

@Discoverer-of-Teleportation 5 ай бұрын

@@AvijitGupta-x8k🎉🎉

@Peaceiconstar 2 ай бұрын

hello team I got offer from Accenture for 10 lpa as currently I am working for 6 lpa in Hitachi group where I am going to get promotion in a next year with 25% Hike having 7.5 years experience in financial accounts can I join Accenture pad SAP role

@bronwankhan3323 6 ай бұрын

The video gets a big thumbs up 👍 from me, as this is how most people feel nowadays in office jobs, with all these strict requirements and communicating in and out of traffic for hours before and after work. Majority of the time not having a proper social life during week days 👍best to get something satisfying outside of 9-5 is real rewarding

@alphago1195 6 ай бұрын

An Insightful video, loved it. I am pursuing my MS In PM from USA. The emphasis on networking is so true! Skills+Network= Hyperloop Speed towards Dream Role😀

@sowjanyap5827 6 ай бұрын

FYI.., for product based companies too most of the development team is offshore only.

@rahulthaware9117 6 ай бұрын

i work in a product company, worked in Service companies before…not much difference as far as work pressure is concerned, but Product is lot more better than Services in every aspect, no doubt.

@vineetsrivastava388 6 ай бұрын

Good point 😊😊

@bugra320 4 ай бұрын

Product companies pay a lot more than service companies

@govindachate4292 6 ай бұрын

I'm working for Product based company, hell lot of layoff is going on. I joined because of job security and now there is layoff going on.

@sallu1077 6 ай бұрын

Oh why bro. These days

@vaishalirama 5 ай бұрын

😢😢😢😢

@Playjoyfull 5 ай бұрын

What a Civil Engineer should say now ?? 😅 No Stress-free work, No work-life balance, No-Job security, No timings, No-career development, No respect, No-salary increment 😂

@kv5539 3 ай бұрын

Electrical here😂

@phssyk2 5 ай бұрын

Hi Pavan, there are a lot of inconsistencies in your video in terms of the information, please research a bit more on the product companies. Some product companies like Amazon are know for their stressful and bad culture. Here are my points based on what you are mentioning: (1)Stress - Some product companies have a high amount of stress, some probably not - but you can't attribute stress to the product vs service division (2) Stakeholders : even though you are not reporting to them, they provide feedback on and you have to respond to some of that feedback - not all managers protect you (3) Product companies have engineers doing oncall in rotations where they get paged middle of nights (4) In service companies - you are mostly talking to one person overseas , whereas in product companies with distributed teams you have multiple people you talk to overseas which bring in stress (5) In product teams, not all teams are equal- the ones in India are subtly discriminated - they are the ones who have to attend night calls. (6) For a particular charter - teams are not spread across the globe (7) People management skills in product companies - agree that product companies want more people management skills , but it is not based on certifications , people are allowed to try the role - after this I stopped watching the video

@abhinavmathur5648 6 ай бұрын

So perhaps one thing I find not correct is that you mentioned that business understanding is lacking in Services. My experiences have been contradictory, you have a full on understanding of processes, people and interpretations etc in the analytics world. In fact in Analytics the learning’s perhaps are higher on the services side than the product side

@nilanjansarkar100 6 ай бұрын

The part of product companies not having stress is utter nonsense. In fact, you can have more stress as the team sizes are typically low each member is expected to do everything from dev, testing, managing infra and so on. Yes, the pay is more, in general, for product companies but the stress can be more and plus you will have no chance of travelling as you get in IT services companies

@PrashanthGiridharan Ай бұрын

Product companies vs Service sectors is a sea of difference in terms of work culture and benefits.

@ranganaa 6 ай бұрын

Ahh.. I dont completly agree to it. I am in a product company. More in a product ops role, stress is high, and I the only one 1st level support to clients and my stakeholders. Is networking still valid in my case?

@iamnoob7593 6 ай бұрын

in india , Employees are made to work very hard , But salary is less , quality of life is average , everything else is below average. Tired of this.

@mohdadnan1540 4 ай бұрын

I used to work service based, Nd my life was hell. Now working product based, god is great. Highly recommend product based.

@humanthought5318 5 ай бұрын

If all the IT engineers refuse to work beyond work hours, which client can treat themselves as God? Lesson for IT companies: STOP being selfish and selling yourself for cheap terms and conditions just to get a contract. That creates a very bad market competition.

@samhitabhattacharya3608 6 ай бұрын

Pavan u keep insisting on networking to people do u not know networking 95% cases is give and take so why are u insisting and encouraging people do malpractice

@Pavansathiraju 6 ай бұрын

Any relationship is give and take in the corporate world. But, people prefer to engage in give and take with folks they like. And it is not malpractice! Once you have 15 years experience - you will realise that works runs on networks. The stronger your network the better your job.

@samhitabhattacharya3608 6 ай бұрын

@@Pavansathiraju I used the very unbiased ,polite word " give and take" without going the fealty side of it,. This preference u are taking about is indeed a malpractice most of the time that's why I have mentioned 95% cases as its not based on individual's competency and its a undue advantage and unfair favoritism. And this is what happening in IT world so the amount of toxicity is growing steeply .And why u have this misconception that someone commenting has less than 15 years of experience. Instead of advising on people to strengthen skillset and enhancing portfolio you keep on advising networking very strongly and encourage to adopt malpractice for cheap popularity and more number of views for better monetization.

@Jones55-cv4df 6 ай бұрын

Excellent advisor!

@rvmr5759 5 ай бұрын

One more factor is toll on health after 20+ years in IT that too as delivery manager etc .May be not for all but true for many .....i made a choice 2 years back to quit

@honchoabhi 6 ай бұрын

Such a relatable video - rarely anyone would dissect such critical issues with such granularity. Many thanks for this - Sir.

@manjunathak7704 4 ай бұрын

After working in Wipro TCS Infosys. I am pretty sure I am not going to be part of any of them again or in any services! God The work culture 😅 You need to be extremely lucky to get everything on your side in services I was unlucky across all 3!

@tarunpothala6856 5 ай бұрын

One more reality about product based companies is they have drastically dropped giving opportunities to their employees working abroad. Service based companies provide much better opportunities in that case

@CodeKumar 5 ай бұрын

Most of the products are failed only High chances to loose job in Product based is high.. High risk high reward by that you become useless

@Prasaddongare 6 ай бұрын

Im from IT service sales... Plz guide - should I switch to product sales??

@sowjanyap5827 6 ай бұрын

Don’t take this video so seriously. Do whatever you want

@JatinBajpai 6 ай бұрын

If the product is good and in demand there shouldn’t be a problem else management will be very pushy and sale will be less coz the product is shitty that will make your life a hell.

@ATTiwari-y3e 5 ай бұрын

I think in general world is going through lot of dynamics and tough times and companies are scrambling for profits . I work out of germany for a reputed retailer which is gloablly renowned but still the work is crazy and slowly we move towards more and more people really being productive and doing actual work rather than just manage people. So if you develop , do you develop efficiently . If you do sales , do you do sales efficiently are in the top 1 % ?

@omkargarde5867 5 ай бұрын

Reduce the background music volume its way to high

@hariharanr2140 6 ай бұрын

What are the opportunities and spending from Indian clients /Customers say Banks in India etc And govt of India/ State Govt IT projects? So far it was all US/Europe markets. Any insights would be helpful.