Hello fellow viners.
There was a huge hiring spree in second half of the pandemic, people got 100 percent and some cases with 200 percent salary hikes. People with 16 LPA got 35+ LPA salaries. But now as things aren't going so well (Thanks to the US). And the companies laying off people, delaying salaries, and giving no hikes. How many of you are still getting those BIG paychecks?
PS. I didn't switch during that period, which I regret. Also, my company is not revising compensation this year.
I am pretty sure salaries aren’t affected as much as they’re in US. It’s just jobs are less, so bar is even higher or at least less favourable to less prestigious folks. You can just shave off 2-5L and that’s all the impact here afaik
Almost 50% of the org got no increments People with "exceeds" rating got single digit increments Only promotion cases have got early to mid double digit increments Promotions have been significantly fewer this time, max people have been ...
Better than layoffs
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I take a pay cut every year due to inflation. Involuntarily, of course.
Seeing a lots of discussion about people complaining about inflated salary, it's quite sad to see such discussions. Take SWE for example, so an swe is expected to move to an expensive city with high travel and food expenses, scant housin...