2023 is a year of virtually no salary increments
Folks, I wanted to make a prediction that most of us pretty much know already 2023 our salaries haven’t grown at all. Across my group of friends at work and college, the average amount of increment I heard is close to 5%
satan
Stealth
10 months ago
This is the year I got 80% hike, by rolling a risky dice
Pixeldynamic
Stealth
10 months ago
Can you elaborate on it?
satan
Stealth
10 months ago
> joined on low sal
> got 20% hike
> still not per market standards
> asked them to increase as per peers
> ignored
> resigned
> they tried to convince me on notice period
> served & returned their kits
> after one week hired back
> got 60% more hike
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Only for landlords, it has been an year of insane increments 🥲
Brutallyhonest
Stealth
10 months ago
Ain’t called as lord for nothing lol
Got a 50% hike and 4 months later the company shut down. So yeah, roller coaster
Clarky
Stealth
10 months ago
See this. Some of the Founders salaries have seen pretty good hikes.
Data on founder Salaries in India
https://inc42.com/features/founder-salaries-tracker-fy23-amid-the-funding-winter-how-much-did-startup-founders-earn/
UnlinedTusk
Stealth
10 months ago
oh please this is a list of series d+ startups, when you are 60% to 90% discounted to market comp how does increment matter. I will bet you that each of these peoples direct reports makes 2x-5x the founders comp.
don't get me started on founders salary and how bad the ecosystem is in this regard.
Life is never a straight line...there are always peaks and troughs. If you are able to survive the troughs the next peak must be taller than ever before. Same goes for stock market as well, given enough time
Well the ones getting it are lucky. We didn't even have increments in 2022 so fuck me i guess
UnlinedTusk
Stealth
10 months ago
overall comp is decreasing
as I've said before there is a 40-60% downward correction in progress for many roles and bands in tech, executed through layoffs and then multi year 0-5% increments.
😅so everyone’s affected by this then. I thought my company was the only one. 🙃but they did do us dirty by giving us same hikes as people on bench.
President_Trump
Stealth
10 months ago
So i switched
21% increment received this year and colleague received near about same
SceneUnseen
Stealth
10 months ago
Seems like Amazon is doing well
Always be grateful for what you have. Here its the year of decrement bro🙂
Was jobless since March 2022 got a job with like sort of 100% hike .
Always be grateful for what you have. Here its the year of decrement bro🙂
Finally my people!! Also people saying you got 1000% hike and all, stay away. Let us have this sad space to be sad people.
ArchGamer0
Student
10 months ago
got two hikes, 15 and 25 🗿. You have skill issues ig.
Every bubble burts so last 2-3 years there have been bubble which has been burst
ExpertTech
Stealth
10 months ago
Got 12% increment last month.
In my current organisation where people where lais off in all the last 3 appraisal cycles I have recieved hikes in all.
BlueLeave
Stealth
10 months ago
🫂
