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Salary and CTC fuck ups

I made the biggest mistake of the professional life when I lowballed myself in my first job out of my MBA..since then everything has dictated on basis of that 5.5LPA figure..which I'm still around that figure..to put it into context a colleague doing the same job closed a 6LPA when I was making much lesser 3 years ago.. How do I get back some leverage and correct my compensation ?

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testuser1717

IBM

a month ago

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by satan

Stealth

How to negotiate a pay raise (cybersecurity analyst)

I have been working at my current company for about a year now. I joined the company with the understanding that I would be learning a lot and being paid less than market value. At that time, I didn't mind being paid less; I joined on 3.5 LPA in Bangalore. After that, in December, I got an appraisal, which put my CTC at 4.4 LPA. Since everyone on my team knows what I'm capable of, I asked for the hike. I have been doing a lot of valuable work, such as automation, and I've filed patents as well in my final year project at my university. I have also been assigned all of the challenging tasks because my team knows that I am capable of handling them. I recently asked my manager for a raise. I asked for a 100% raise, which would bring my salary close to 9 LPA. My manager said that he would consider my request, but he eventually came back with an offer of a first 15% and then 25% raise. I believe that a 25% raise is still too low. I am looking for a job where I am paid what I am worth. I am confident that I can find a job that pays me 9 LPA or more. I just wanted to know some second thoughts: am I doing something wrong in the negotiation, or should I approach it in a different way? Not to denigrate others, but I know my teammates carry 2-3 years of experience, but I'm still the one coming up with new ideas and how to solve the problem, and I'm delivering it. Many times, my manager even said he always has higher expectations of me than others. The excuse my manager is giving is that it doesn't matter; if you join on a higher package at some other place, you'll have to return the joining bonus here of 1 lakh (I'm leaving before 18 months, so), plus after paying taxes, the equation becomes equal, so he's suggesting to wait until December and then look for other options.

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Business Roles on

by Roronoa

Stealth

From Manual Tester to Lead: My Rollercoaster Journey in Tech Startups - Unveiling the Upskilling Hustle, Burnout, and a 3.5 Million USD Pre-Seed Triumph!

Introduction: Started my professional journey at a friend's startup amidst the pandemic, delving into edutech and grocery MVP consulting when job options were scarce. Career Progression: •Began as a manual tester and swiftly climbed the ranks to QA manager, product manager, social media manager, talent acquisition, lead ops, scrum meetings host, business analyst, and reporting manager—all within three years. Challenges and Contributions: • Joined a team of 5, facing tight deadlines and escalating challenges. • Non-tech background but injected administrative skills, streamlining project management and operational processes. • Conducted 100-200 interviews monthly, meticulously filtering candidates on a tight budget. Burnout and Promises: • Burnout from 12-13 hour workdays, skipping holidays.Assurances of growth for everyone as the company expands. • Promised on reimbursement , which didn't happen. Shift in Dynamics: • After 2 years, team expanded to 30 members. • Entry of a senior manager triggered organizational changes, leading to politics and misunderstandings. • Company achieved its goals, securing a pre-seed investment of 3.5 million USD. Unexpected Turn: • Migrated everyone to a new company post-OKRs, except for me. • Left without a role and dismissed due to the absence of a space for non-technical roles. • Was quiet fired with alot of trauma. But was strong enough to get back on my feet Upskilling and Unfair Reviews: • Upskilled as a data analyst but was left out of review sessions, necessitating self-initiation. • Access to the CEO, once easy, became challenging post the senior manager's arrival. Current Dilemma: • Underpaid with a CTC of 3.5 LPA with a failed promise of hike • Transitioned to data analysis through sheer hustle and determination. Seeking Guidance: • Unsure about the next steps, seeking advice and suggestions from the community.