I wanted to know if anyone did quit their job in a company ( 2020 onwards) and after that were you able to get a hike on your next job? Can you also mention what percent hike you were able to get a...

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I wanted to know if anyone did quit their job in a company ( 2020 onwards) and after that were you able to get a hike on your next job? Can you also mention what percent hike you were able to get and your job role and industry?

Expecting honest answers only peeps?

Consultant

Expecting honest answers only peeps?- Grapevine

Welcome to Software Engineers's Private Community

Those who are earning more than 1 lakh per month. Share your journey how you reached there and also some tips.

Big bucks boys

Software Engineer

Welcome to Product Managers's Private Community

Based on what you have seen/heard from your friends & colleagues or based on your own experience, what is the avg % hike one can expect while switching in current times? YOE-9, role - senior Product/Business analyst

% Hike while switching in current times

Application Analyst

Hi, I competed my one year as a fresher in an IT company and received 15% hike for the upcoming year and this is totally based on my previous year performance. This hike is considered as good? Or I can get more?
Pov - I'm working in a product based company.

What hike one can expect after completion of one year in an IT job?

I am seeing a lot of layoff related posts everywhere from news articles to LinkedIn.. Is the Job market really that bad now? Or just the media is projecting that way? 

If it's really bad, which department you think is the most affected? How's layoffs specifically in India? Or is it layoffs in US but more hiring in India due to cost cutting? 

Are layoffs in technology/engineering dept as in for developers or some other departments? Your thoughts please..

Job Market right now in India?

It is really bad right now 
 1. Layoffs in many of the companies, irrespective of whether they're a startup or a big MnC. 
 2. Almost everyone I know of wants to switch, because of no/less appraisals from last 2 years 
 3. Bad work life balance - people thinks switching might help 
 4. Too much competition for any open position. Because of too much supply, companies are low-balling and people would accept the offer.  
  
 Recruiters ghosting is too common. Even if you've killed in your interviews and recruiters get someone who's ready to join on less pay, they'll simply ghost you.

Software Developer

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

I quit my last company in Dec 2023 due to some reasons. I was not aware the market would be this bad. Basically in a nutshell I have at least given interviews in 10-15 companies till now, cleared most of theirs all rounds, but for some reason or other they didn’t release an offer. some feedback includes, why do you want to join us with such less hike, you would leave us in few months. One said they are not able to get final sign off from their lord in US. And mostly others just stopped responding. ATM I don’t understand anything, emergency funds getting over, and realised all the network I made till now in my career and whom I helped are of no use. I know I wont get any clear advice here also, but just venting out. I am on the brink of just quitting everything of this corporate drama and start prepping for govt exam, or start a small biz in my town

Unemployed since 3 months

Frontend Engineer

I am a Java developer with 3.2 yr experience.  My current salary is 6.3l . How to switch with 100% hike

How to switch to other company for 100% hike

What percentage is the salary hike usually when you switch companies ??

Founder

Were you offered any salary hike when you told your manager/HR that you are resigning. If so, how much %age hike were you offered. 

Curious to know the interesting stories even if you weren't offered anything.

Resignation Situation

Senior Software Engineer

I have got very less hike and my ctc is below market/company standards, so should I talk to my skip manager for raise or just switch to a new company, I’m worried about recession and layoffs. Yoe: 4

Ask for hike or move to a new company

Since we are seeing a lot of layoffs, a lot of companies are using this as an excuse to provide less increment this year. Interested to know what sort of increments are you’ll getting this year and how much did you get last year?

Increment this year?

I got a good hike this year. Around 34% mostly because I got promoted and my hike in the previous year was shit. I work in finance

Analyst

Product Owner

Welcome to Office Gossip's Private Community

As it stands, i have been through 0 appraisal cycles and this ia my first. Since i always see people jumping to new companies, does anyone get like amazing hike (say a random 30%+) in their existing company

So does anyone even get a outstanding hike without switching

How much hike are you been offered when you try switching in this recession period?
What was the hike when hiring peaked?

People looking to switch

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.

Appraisal season

Welcome to Business Roles's Private Community

Hello I am a chartered accountant and working in the field of internal audits. I had joined a company after my 3 years of post qualification experience and 3 years of pre qualification experience into internal audits. During interview we were promised to work for USA cpa firm but now they want all of us to move to internal opportunity which is not related to my profile. I have been giving interviews but not getting a good raise so how to ask for raise ?

How to ask for hike when you are leaving your previous company in 9 months due to not good job profile

Internal Audit

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%

2023 is a year of virtually no salary increments

Only for landlords, it has been an year of insane increments 🥲

Business Development Manager

I have 6.5 + YOE and have a CTC of 20L (fixed + bonus)

How do I achieve parity with regards to salary? 

My next appraisal cycle is in March but obviously due to the economic conditions my company might not give me a great raise even though my performance has been good this year. 

Any suggestions?

Underpaid Senior PM

Product Head

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

Expecting honest answers only peeps?

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