What is the best practice to increase salary?

Recently started earning and honestly living a comfortable life with a much lower salary than most people talk about. Doing the math, I don't see myself needing more than 18L-24L in hand to save and continue living comfortable (but I am someone who always likes to do more and get paid more). If you're <30 and earning this much money, why do you push for higher salary (eg from 30LPA to 40 LPA) - is 30 not enough? Genuine query, open to any perspectives 🙏

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.

What would be a perfect salary for a 2 year experienced frontend developer? Graduated from tier 3 college with grade >8 GPA and previous work experience in a startup (<500 employees)?

Is there any other way apart from getting an offer from another company in hand and then asking your manager for a counter offer ?

I am working in a MNC and currently in a billable project but no work. I am pretty good in programming and development. With an experience of 7months in total I am confused about should I try to switch to other companies and if yes what should be my plans for it. Currently as I have 0 work in the project i am working to enhance my technical skills like DSA and frontend technologies. As my pay is quite less (6.5Lpa ~48k in-hand) I want to increase it to atleast 15Lpa

I am addressing folks who have progressed in their careers enough to earn at least 30 LPA. If you are earning this much in India, you are already in the creamy layer of lifestyle. You can afford a decent house, a decent car and probably save up some assets for children's education (A lot of people bring up the expensive school fees). If you get a salary hike from 30LPA to 40LPA, there is a high chance that your lifestyle will not change that much. Your savings will go up, but still it will take years to retire early in either case. It's quite apparent that if you want to improve your lifestyle at this stage (highest-end middle class), you will require an income source capable of providing leverage and exponential growth. Barring a few folks I know, everyone else is busy grinding leetcode, mugging up system design for their next job switch or even worse, kissing ass for the next promotion. Why don't enough people start learning about business on the side and slowly start investing their free time in learning everything they can about it ? I am sure it will be a much better time investment if you play your cards correctly for a long enough time (I am pretty sure this is still a quicker path to riches as compared to 30 years of SIP investments). Note: I completely understand that many people have monthly payment obligations like EMIs. And that's why my question is about 'aspirations'. I am not asking 'Why are people not leaving their jobs to pursue entrepreneurship?'. I am rather asking 'Why are people not even thinking about anything else apart from the next (disappointing) hike?'

Seeking guidance on which skills to emphasize for switching jobs and increasing my base salary from 20LPA to a minimum of 26LPA, considering my nearly 2 years of experience. Any suggestions on particular skills to focus on for achieving this transition would be invaluable.

What should my strategy be if I want to 4x my current salary (let's say go from 7LPA to approx 30LPA) in the next 4-5 years? Is this a realistic expectation to have moving forward? With regards to my work ex; I started off my career with sales, worked for 7 months, left the job, upskilled myself a little bit and landed a product manager role. So in total I have about a year of experience (7 months in sales and rest out it as a pm). Also I have a engineerring background and have also completed my MBA, both of them from tier 2 colleges.

Question in title. I’m hiring and wondering what’s the competitive salary for a PMM role with over 5 years of experience It’s getting a little confusing to associate a value given the current inflated salaries. Any leads will help!