Flipkart has frozen increments
Flipkart announced no increments for this year above a particular grade. Mid-senior to senior folks are going to miss out on increments basis the last appraisal.
JigyJigyBoomBoom
Stealth
2 years ago
So no increments for SDE2 and above?
JigyJigyBoomBoom
Stealth
2 years ago
Didn’t understand the roles impacted here.
Yes this is true this year there is no hike or promotion hardly few people will get hike
PrawwductGuy
Stealth
2 years ago
Heyy. Offtopic but how is recykal? Is their product great? how are the founders
Yes Recykal is great and even founders are very knowledgeable but yes it's startup culture work pressure is high and yes tech teams are very less compared to other teams and the learning curve is very high if you handle pressure.
Vespa
Stealth
2 years ago
They are usually generous. So sr folks there shouldn't be complaining.
Droughtbear
Student
2 years ago
Did not understand this comment. Did you mean ‘you are already overpaid, so you can afford to not get a hike this year’?
lol explain generosity here, the avg hike in the last 3-4 year end appraisals was around 6%, soon at this rate we will reach the pay levels of service companies and no on-site opportunities
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Almost all companies are stating the recession as a reason but getting more work done. For all that's there, people are just relieved that they have a credit message every month.
NoisyGuy53
Stealth
2 years ago
For those in GTM which levels does it start? Manager level?
ConcurrentThinker
Stealth
2 years ago
Not a bad thing if no layoffs
No layoffs but increased pips, they just want to evade bad news and compensation to employees during termination.
ConcurrentThinker
Stealth
2 years ago
Oh ok. Not sure when they will breakeven. Will they ever reach there?
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