Increase ur per hr billing rate, next yr ask hike

What do you mean "per hr rate"? Do you mean for extra work ? I had terrible incident recently so i have decided to never do overtime with them anymore lol. And in 6months im thinking of asking for 35-50% hike. Well bc i didn't got hike when i joined this company. So no hike since last 2years.

Software Engineer

Per hr means? 
 U work 5 days in a week 
 U work 40 hrs a week  
 U work 160 hrs a month  
 Daily 8 hrs * 25 usd

Consultant

jokes aside most indian company bill u to client in USD rate then give u peanuts in inr ,that been done in india 20+ years and how they make billions in profits .best way we have these days to make money from work is join company that offer stock/esops but only top company do that

Operations Engineer

It's dumb, you'll make a fool of yourself, don't.

Generalist

Software Architect

Hi, I joined a mid sized IT consultancy company 5 months ago, since then as a developer I have generated approx  17 lakhs rupees in profit for the company. Based on this, I feel underpaid lol.   I ...

Welcome to Salary Discussion's Private Community

Hi, I joined a mid sized IT consultancy company 5 months ago, since then as a developer I have generated approx ~ 17 lakhs rupees in profit for the company. Based on this, I feel underpaid lol. 

I was thinking of asking for a raise. Do you think it’s a good idea to request a raise based on profit generation? I know this is a bit unusual, but I'm just wondering. If yes, then how much can I ask for CTC? Is there any standard for this?

Ask for CTC increase based on profit generated?

Ask for CTC increase based on profit generated?- Grapevine

Welcome to IT Company Discussion's Private Community

Hi all, 

I have got my HR round discussion at Accenture for the position of Application Lead coming up next week. Hence I thought of picking your brains to resolve a conundrum regarding a reasonable salary that I can ask for.

Location: Bengaluru
Current CTC: 15 LPA
Expected CTC: 23 -  26 LPA
TechStack: Mainframe Developer
YOE: 9 years.

Can you let me know whether my expected CTC is a reasonable amount considering my YOE, tech stack and location. Or should I ask for more/less ? 

Thanks for all the advice/suggestions !

Salary expectation for Application Lead(Bengaluru)

Tech Lead

Welcome to Personal Finance's Private Community

An example scenario:
Let’s say my CTC is 34 LPA + annual stock payout of 5 Lakhs. My total yearly earning potential is 39 LPA. 

In the new role they don’t have a variable or stocks. Is it reasonable to ask for a 25% hike on the overall earning potential?

So the new CTC is 49 LPA. 

I haven’t switched my employer in the past few years so currently is lacking the clarity on the way how negotiations are done. Kindly help by sharing the best practice.

Is this a good way to negotiate expected CTC?

Product Marketing Manager

Welcome to Product Managers's Private Community

How much of a hike should one expect while switching roles (for a PM role)

I have started giving interviews and the expected CTC i had mentioned was with a 40% hike. Nope, i have received my appraisal in the range of 15%, due to good performance. Should I revise my expected CTC? How does this usually work?

Hike while switching companies

Product Manager

Welcome to Business Roles's Private Community

Use this platform to pass inside information, which you think can be helpful had you known when it was your time. 

Revolut ( UK fintec) has three types of ranking in support specialist workflow. Graduate, junior, and mid level. Once you have gone through the test,interview, and all,they will put you in one of these three rankings based on your performance and exp. Generally Grad (0-1yoe), Junior 1-2), Mid(2/3+) .  YOE not sole critera, they can be lenient based on performance 

Grad ( 4- 5 lpa)
Junior (5-7.5)
Mid (7.5-10)

This is true for Fincrime, kyc, kyb , screening, and ongoing monitoring.

FIU and TM crypto pass 1 -2 lac more than the other.

Mid (fiu) can pay 12 lpa even with 2 yoe.

This is for support specialists' production roles.

A 4yoe + 2 yoe in TL can fetch you 15+ lpa as a TL. Again, crypto and FIU can fetch you upto 22 lpa.

Your current ctc doesn't hold you back. Revolut doesn't negotiate hard. 2 negotiations and they offer you or they don't. Its not back and forth with them. 

4.5 ctc has got 11.5 ctc there. 150% hike. 2 rounds of negotiations. Plain simple. 

If you are applying for any role. Don't hesitate to ask more, be your lawyer. These figures already exist. Maybe there are other higher figures too that i am yet to come across.

PS : I dont work there, but 6 ppl whom i supervised do.

Brothers helping brothers

Analyst

I got offer from Genpact for Lead Consultant Devops.
They are offering 20LPA fixed.
I have total 6 years of IT experience.
Is it good one? Should I join genpact?

Lead Consultant DevOps

DevOps Engineer

Welcome to Software Engineers's Private Community

There’s this chap on GV who posted that they haven’t received any calls for the past 3 months. Has 2.5 years experience with a current ctc around 15L. We spoke to them only to realise their expectations are 32L (26 fixed and 6 in esops)

In a market flooded with resumes due to unfortunate situations, is it fair to have such an expectation and at the same time, call out on GV that they haven’t been getting calls for an interview?

Are high expectations in such a market valid (even accounting for cream deserves takes)

26 fixed seems pretty reasonable, I don’t know how much lower you can expect

Founder

I am currently working with a start-up from the last 2 years as a web developer angular+ dot net. My current CTC is 5LPA. Waiting for appraisal form last 1 year, and management has cleared that we do not expect a magical raise this time, I will hardly get 25 - 30% this time. Should I wait for 1 more year here( product is good and work culture is best). Or look for another opportunity. How much salary should I expect from outside? I have good knowledge and worked on various things frontend, backend, ci/cd.

Need Advice!!!

Welcome to Office Gossip's Private Community

How many folks here 100% refuse to share last salary and are adant that HR state their budget. How do you guys do it and also has it ever happened that you needed up losing a great opportunity coz of this???

Refusing to tell last salary

Software Developer

So, last month I interviewed for ServiceNow and was put on hold. Today the HR called me and said that they will be moving forward with the offer. Need some help in negotiating as to what can i get max. My current Breakup is as below.

CTC: 35
Fixed: 30
Variable: 5
YOE: 4.9 years
Profile i got shortlisted for is IC3

Will be grateful if anyone can help as to how much max can i ask for. They said limit is 36 Base. Can i ask for more??

Need help in negotiating!!!! ServiceNow

Backend Engineer

I have 10+ years of experience in PR and I’m currently working with an Indian startup. The startup is doing ok given the marker conditions (just ok) so I only got a 13% appraisal last year and my CTC is now 26L. Is this too low or is it okay?

Is my CTC ok?

Communications

Thave got an offer from IBM ISL for
20 LPA fixed, my current ctc is 18.5 LPA.
I was told if i quote a higher salary i might get rejected and they
inderectly forced me to say 20 LPA. I feel like that is low. What to do now.
How to ask for more hike ??

Ibm ISL OFFER

Welcome to Indian Startups's Private Community

I am a Tier 1 MBA grad with ~ 2 YOE, My CTC is 18 LPA. 

I have quit my job and I'm expecting a 25-30% hike for the next role (23 LPA)

Is this a valid expectation to have? I know I'm already being underpaid, but considering the current market situation it seems difficult to get that kind of a raise.

What should be the appropriate amount to quote?

Need advice on salary expectations

Project Manager

What should be the expected CTC for a 10 years experienced IT professional.

Technical Lead

! Small input required🤔

I have an offer from 1 organisation in Mumbai,
CTC: 10 LPA, for 2 years of experience.
It's a Work from office.

I am currently at Pune and doing Wfh. Does it worth considering this opportunity?

I'f not what should be the minimum ask?

Tech stack: spring boot, Angular, iconic, and .net
Current CTC: too less🥲

Salary negotiation input

I'm a Product Manager at a SaaS firm drawing in a CTC of about 18-20 LPA. I'm 22 years old. Is this the standard in the industry?

CTC Check

I started off as a QA Engineer for 2 years and now close to completing 2 more years at another company as a software engineer (nodejs backend) and recently promoted to Senior Software Engineer. Is 13.5L a decent pay considering i work for an MNC (work from home). Graduated from one of the best pvt college in India, started my career with Cerner Healthcare..

Please share your views.

13.5 Lakh CTC - 4 YOE is good?

I know I deserve more, as I have been constantly delivering more than what's expected out of me. But I still feel - I'm not compensated well for my hard-work and skill. 

My take-home is 20+LPA, and I have 6 yrs of experience.

And moreover the workplace is not challenging anymore for me as an individual contributor. Most of my time rn is getting spent in training other people. 

I have contemplating to ask for a hike. Or should I just switch?

Should I ask for a salary hike?

Software engineer with 2.5 YOE working for US based mid sized company with CTC of 25 LPA base + 1.7 lacs bonus + 10 lacs worth esops. Just wanted to know is this upto the market or should i look for better opportunity. Looking for answers .
P.S Its a permanent wfh

Ask for CTC increase based on profit generated?

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