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Appraisal season

I’m a software engineer at a mid size company. I have 1y3mo of work ex. Appraisals are around the corner, and although the work is great, the pay not so much. I earn less than 10LPA. How much of a hike should I deserve in this market assuming I have done a good job.

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Cummerbund

EY

7 months ago

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jake_peralta_B99

Unemployed

7 months ago

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MightyLazyGeekStar

Stealth

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TechGuy69

Stealth

7 months ago

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batman_007

Unnamed

7 months ago

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Seulseul

Swiggy

7 months ago

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by startupHunter

Stealth

Confused on what to do next

I'm currently working at a startup in Bangalore. Consider that they are paying me X LPA. All fixed. I've total experience of Mar-October as Intern and October - Present as SDE1. So overall experience of 8 months. This means that my appraisal is due in next 4 months. As per our appraisal policy and as per conversation with my manager I'll receive around 50% of hike. So that will make my CTC as X + 5. But the catch here is that the project which I'm working at is fucked up and this project has highest attrition. Very bad client and constant abuses and abnormal working hour around 12-13 hours daily. Evrything is fucked up and I don't enjoy working here in this project. Project change is also out of question as no one will take this. I've received an offer from Health startup eka.care but they are offering X+3 that too with lot of negotiation. The work culture is superb, the tech stack is fun and great, people are nice and team is highly qualified and great. I don't know what to do? I don't want to keep switching the companies every now and then. It's true that current org is paying and they will pay even more post appraisal but the work is not good and I don't like the work. New org work is good and I really want to join but they are not paying great, I mean the 30% hike is decent but if they pay X+3 then I would have to look for job again after 8-9 months because I'll be really needing money at end of 2025. My total experience: 8 months - If intern can be counted then 14 months. Please suggest me what to do? If I constantly switch in 6/8 months then that would deter other recruiters to contact me because I've made very unstable choices. I'm confused what to do, if any of you have been in such situations then please suggest. Should I prioritise money? Work? Both? What about my profile? So much confusion is there and really I'm awaiting your inputs.