Salary Increment negotiation
I joined a start-up (SDE 1) after working in an IT service giant (one of the WITCH) for the past 2 years. There we didn't have any discussion regarding the amount of raise expected, they used to just assign us the percentage (peanuts) that they felt. Here in the start-up I have heard that we have a say about how much % increase we are expecting post review cycle. I have some questions, 1. Do managers generally know about their subordinate's salary? 2. If not, then how do such discussions take place? Just based on % increment? 3. Or Only feedback is discussed with the manager and salary negotiation is done with HR (who knows my salary)?
ChotaChetan
Stealth
a year ago
Who decides the salary and how it's decided depends on the company.
That said your manager's feedback will be a factor in case the manger isn't the decision maker.
SaveBugs
Stealth
a year ago
1. Manager's knows the salary (atleast in my case).
2. Because they knew your salary, the increment happens on alot of factors - does your manager like you, do you have visibility of your tasks, are you already high/low paid according to company salary etc
3. Your manager gives rating rating according to step #2
4. Salary increment happens only if company is in profit (it's upto an organisation what they tell people).
For example: they set some criteria (100cr) to be earned in the upcoming financial year.. if they achieve this, increment will happen. If they receive 70-80Cr increment happens only to those which are favorite people of leadership team.
PaiseKaBhuka
Stealth
a year ago
Thank you for answering
