SquishyMuffin
SquishyMuffin

Swiggy performance review

What are the numbers we are getting this time? This is my first cycle, review isn't done yet. Want to know how much to expect.

19mo ago
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PrancingNoodle
PrancingNoodle
Zomato19mo

You can expect 30-50 if you are good

MagicalBurrito
MagicalBurrito
Swiggy19mo

Lol. Gone are those days man!

PerkyCupcake
PerkyCupcake
Amazon19mo

@BumpyCup6 that’s prolly too high. Can’t expect the same for this cycle. Expect a tighter review this time

MagicalBurrito
MagicalBurrito
Swiggy19mo

This is for Tech org.
Cash component: No Hikes for Met expectations, single digit hike otherwise (EE and OP). For promo cases, max it would go to early double digits ESOPs : ESOPs at most of the level with "accelerated" vesting.

FluffyNugget
FluffyNugget
Swiggy19mo

Yup already got a primer from my manager that ME is the new baseline when most used to get EE in previous cycles.

PrancingNoodle
PrancingNoodle
Zomato19mo

😂😂

PerkyTaco
PerkyTaco
Swiggy19mo

No hikes except for promotion cases, that too expect very low. There will be some ESOPs with a 3 year vesting period.

PerkyLlama
PerkyLlama
Swiggy18mo

What do you think is the best course of action wrt ESOPs from an employee perspective? Sell during buyback or IPO or hold for longer term?

PerkyTaco
PerkyTaco
Swiggy18mo

Sell during buyback, and find another job. There are better profitable companies out there.

PeppyNarwhal
PeppyNarwhal
Swiggy18mo

Totally disappointing! Lot of politics in promotions as well and many deserving people didn’t get it. For ME and below, no hike. For EE, without promo it’s mostly around 7%. With promo mainly 10% and in some rare cases up to 15%. For OP, it’s around 10-15%.

It’s for tech org and most of the people are unhappy about it. Expect a large attrition in the coming months.

PrancingNoodle
PrancingNoodle
Zomato18mo

I got 45 percent 🥱

DizzyNarwhal
DizzyNarwhal

Your base pay would have been very low.

GoofyMarshmallow
GoofyMarshmallow
Google19mo

What's range of product manager salary
APM PM1/2
SPM for swiggy ?

PrancingNoodle
PrancingNoodle
Zomato18mo

30, 45, 80

TwirlyQuokka
TwirlyQuokka

PM bc aisa kya krta hai? jo itni salary udaa the Swiggy waale

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