Taking prev salary as base is an absolute lazy way to determine future salary. Any HR who does that has no idea how to value a person that the company needs (unfortunately 90% HR people are this way). If you are in a position of leverage, remove current CTC from the conversation and try to determine what you are worth for them. If not, then go with the flow

Alright. Thanks for the input. Really brought in a new perspective!

Product Marketing Manager

Actually the HR said they haven’t set a budget for the role I have applied. They wanted me to give a figure. So I thought I’ll take the approach of asking  for a 25% hike over my current.

Investor

Software Engineer

Never share the salary at first few rounds of interview.  Almost all the HRs says some excuse on not to tell salary range like they haven't budgeted or unlimited bugdet etc.. always say, right now I can't give exact numbers I want to know more about my role and responsibilities in our org.... somewhat like that. Otherwise they will set your expectation bar very low, even if they are ready to pay higher.

Security Engineer

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 reasonab...

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?

Is this a good way to negotiate expected CTC?- Grapevine

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 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

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 offered a position in Adobe as an Architect
YOE 12
33 base + bonus 5L bonus.
RSU - 50K USD across 4 years
PF etc - 2.5L

Am I being lowballed? My current CTC is 29.3L with 32% variable on top of it.
I tried negotiating but with no luck, RSU was increased from 40K to 50K as a result of that.

Salary Check

Software Architect

What is a reasonable ask while negotiating with startups?

Should I ask for a match or hike of X% over my TC/annum (52lk Base + 8lk Bonus + Rs30lk RSUs), or should I negotiate only over the Cash (Base + Bonus) component?

A startup I’m negotiating with is not considering the RSUs I have and is offering a 8% hike only on the cash component, and is throwing in ESOPs (paper money) instead.

What do I do?

Need help negotiating with a startup

I have total of 3.6 years of experience all as Data Engineer. 2.3 working at Sigmoid and 1.3 with Flipkart. I got promoted at both the organisation, means I am a high performing talent. I am getting 50L as a CTC from Flipkart, 21.5 is fixed, 2.15 is annual bonus and rest other are ESOP spreaded over 4 years. Flipkart is currently operating in hybrid model which means I had to shift to Bangalore this December.

In my new role at a startup which is acquired by Course Hero is offering 70l;
32l as fixed, 3.2l as annual bonus and rest other as RSUs spreaded over 4 years. It is work from anywhere.

Looking at the current market trend and my previous history, should I be little more greedy.

I am getting 70lac as CTC in my new role

Data engineer

Welcome to Software Engineers's Private Community

Hello, my friend is currently working in TCS as a QA Engineer with 4.5 YOE and 5.5 LPA CTC. Hello received an offer from Infosys who also has the same client with the same project.

Infy HR said that he'll be working for the same project and the team is also the same. Hello asked my friend  for the expected CTC and he told 12LPA which he agreed immediately. 

What is the fair CTC for my friend? 
How can he negotiate the CTC now since he already told the expected CTC?

Need help in deciding an offer from Infosys

Recruiters always ask for your current compensation which is technically 'confidential'

It's unfair for you to disclose your compensation without getting something in return.

Let's CHANGE the tone of these conversations.

I always ask for their budget before I disclose mine. Enough people do this and it'll become the norm and gives you a fighting chance to safeguard against lowballing. 

Objection handling:
1. "Our budget is flexible depending on the role and experience" - counter - what role are you considering me for? What's the range for that role? - if they still deny that's bullshit, all companies even startups have a ceiling they've at least thought of
2. "Our hikes are fixed at 20-30%" - run. Or if you care about the co. try talking about market standards and fair pay
3. If they're being unreasonable and not giving any info, you say your compensation is confidential / not comfortable sharing it at this stage

Expected CTC - 1.2x Glassdoor/ambition box for business roles. Tech has levels.fyi. 
If they try to haggle at this stage itself, say you'd like to focus on the job fit and the opportunity and talk about compensation later which you believe would be open to discussion for the right candidate.

Current and expected CTC

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

Same as title. Feeling frustrated as most companies these days only negotiate based on CCTC and only want to give some x% hike. I know this is common in India but is there a way to go around it? Do product based companies and good startups also do this? Is job hopping the only way to reach a good CTC?

Is this a good way to negotiate expected CTC?

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