How do the increments happen this year?

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?

This year, the increments in my company were fairly good, with an average of 21% and the highest being 30% in my team of 10 people. The average rating was 4/5. Given the current market situation, these increments can be considered decent. However, despite these figures, none of the team members seem satisfied. Last year’s increments were better, but still, this year’s numbers aren’t bad. Considering our positive company culture and manageable work pressure, I’m curious to understand why the expectation might be so skewed. How much of an increment is generally enough to make employees happy? Were the increments really that bad, or is there something else at play here?

For the first time in these many years, i have got a hike of only 7%, the reason stated is on going concerns in US market. But it is very difficult to digest the same as 2 years prior i got a hike of 26% and now only 7%. I feel being broke as giving an organisation your 5 years of handwork, 7% is nothing. Has anyone else faced this in 2023 ?

Almost 50% of the org got no increments People with "exceeds" rating got single digit increments Only promotion cases have got early to mid double digit increments Promotions have been significantly fewer this time, max people have been told to hold off their expectations of promotions for another year The reasons cited were economic slowdown, other companies like Microsoft, Flipkart, swiggy, Amazon doing the same and cost cutting. I think things are getting toxic and the majority of employees have been left disappointed.

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%

Heard the market is back roaring again for some. We are so coming back.

So, as title suggests, need feedback on how is the work culture, leadership, and increments at PayU I might be getting an offer soon and need some feedback I have 2 YOE work ex, role is SDE1 in software engineer As per glassdoor, for people with my profile, salaries submitted are in range from 18-22 LPA, however when I quoted around that range HR was saying that is too much, we don't give this much salary to people with your profile my current ctc is 12.5(fixed), and I was asking for 20-25

Hi. I got a performance bonus of 30 K only whereas the company had promised to give 1 Lac . I have also received a poor increment of only 6%. Why is it so in such a big company?