When did you join the organisation? Calculate the number of days between your joining and appraisal date, then get the approx months. Then do yearly calculation for the same. It will give you an approximate hike %.

I joined last year Feb 2023. This is an appraisal hike. Should I consider from Jan 2024 to Appraisal date?

Data Analyst

Nope… It should be from Feb 2023 to March 2024, which would mean 14 months…which means a fraction of .86(12/14) approx, and actual hike is approx 34%… which is great actually…

Head Of Growth

I received a prorated hike of 40% this month(Feb 2024). How do I calculate my actual hike?  My current base is 10 LPA

I received a prorated hike of 40% this month(Feb 2024). How do I calculate my actual hike?

My current base is 10 LPA

What does prorated hike mean?

What does prorated hike mean?- Grapevine

Welcome to Software Engineers's Private Community

Those who are earning more than 1 lakh per month. Share your journey how you reached there and also some tips.

Big bucks boys

Software Engineer

Welcome to Business Roles's Private Community

Share your progress - the journey.
- Where did you begin and where are you now?
- What motivated you to go the extra mile? 
- Where do you see yourself in the next few years?
- What did you do differently then the rest of the pack?

This can serve as a motivation to those of us who wants to improve and as a appreciation for some of us who made themselves a stellar career.

Eager to hear your stories. 🔥

What has been your career/salary progression so far?

2018 - 7.2LPA ( Services startup ) 
 2019 - 15LPA ( Hike ) 
 2020 - 21LPA ( Switch ) 
 2021 - 27LPA ( Hike ) 
 2022 - 33 LPA ( Hike ) 
 2023 - 72 LPA ( Switch ) 
  
 Sorry. Should have posted mine first :)

Lead Engineer

When we get program manager in L4 is the hike decided by our manager or will the hike %automatically  reflect ?

Program Manager

Welcome to Personal Finance's Private Community

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 ?

Decreasing increment%

Team Lead

Welcome to Indian Startups's Private Community

I’m wondering what is the case for your company and how transparent are the hikes? Do they tell you on what parameters will you get x% hike? 

And same for bonus. If x is your bonus component, what % of it do you get annually?

What’s a good annual % hike + bonus?

Just curious to know what are the hike percentages given employees who are highly paid? Is 10% considered a good hike for top performers with such salaries?

Hike percentages when CTC > 50 lpa?

Solution Architect

Welcome to IT Company Discussion's Private Community

How much percentage of hike can I ask for switching to Accenture as I have 7.3 years of experience for Data engineer role and 14.2 LPA fixed package.

Can I ask for 60-70% of fixed hike which is around 22.5 L - 23.5 L fixed or even more ?

Your suggestions and advice would be greatly appreciated. Thanks!

Percentage of hike for switching: 14L Accenture

Senior Consultant

How much hike %  you got ?

Hi friends, I am working as a network engineer for the past 2+ years. As a network engineer I do work on shifts ( mostly night shift ) 
I am bit confused here, Whether to continue in the same field or switch to another technology.
Can anyone help me like what will be the future of network engineer also the career growth in it.
And what package I can expect after 5 years in network domain.

Network Engineer

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

As March is about to end , How’s the hike percentage this year in various companies ? 

Is it double digit or single ?

What’s 2023 Hike Percentage ?

Project Manager

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?

Increment this year?

I got a good hike this year. Around 34% mostly because I got promoted and my hike in the previous year was shit. I work in finance

What does prorated hike mean?

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