Some data to give a perspective: 1. A salary of $120k in the US is NOT top 1%. The top 1% of people in the US earn > $800k. Source - unbiased.com/discover/bankin… 2. A salary of $120k is not even top 10%. Refer to the screenshot below. Source - unbiased.com/discover/bankin… 3. More than 10% of American adults are millionaires. Source: Wikipedia (en.wikipedia.org/wiki/List_o…)

To all the Indian parents reading this, a few points to note: 1. The job offers above Rs. 1 crores are secured by a handful of students, usually < 10 such students. 2. Mostly these job offers are from the CS department. Maybe a few in Electrical Engineering. 3. These are all US offers. In Indian currency, the figure may seem too big, but in USD terms, it is $120k a year, which is not bad, but not the "Rs. 1 crore package" that you're thinking. Expenses in the US are proportionately high. 4. All of these offers contain a large stock component (~30%). Some companies add the stocks of 4 years into the package, only to inflate the number. Therefore, I request all Indian parents to don't get swayed away by seeing such media articles. Your child cracked a decent college. Don't hammer them for not getting that Rs. 1 crore package. Placement isn't the end of your child's career. It in fact is literally the beginning of their career. Your child will do wonders over the next 5 to 10 years. Help them. Support them. To all the students - many congratulations. Keep shining and making your country proud! PS: This is coming from someone who has been in the Silicon Valley and gotten multiple such packages. Also, the journalists have written a lot of made up (and factually incorrect) stuff in the newspaper article below. Never trust the content written by a journalist. Question every single thing. The journalist profession is meant to create content that attracts eyeballs.