ZestyMuffin
ZestyMuffin

Ask for CTC increase based on profit generated?

Hi, I joined a mid sized IT consultancy company 5 months ago, since then as a developer I have generated approx ~ 17 lakhs rupees in profit for the company. Based on this, I feel underpaid lol.

I was thinking of asking for a raise. Do you think it’s a good idea to request a raise based on profit generation? I know this is a bit unusual, but I'm just wondering. If yes, then how much can I ask for CTC? Is there any standard for this?

5mo ago
MagicalMarshmallow
MagicalMarshmallow

Increase ur per hr billing rate, next yr ask hike

ZestyMuffin
ZestyMuffin

What do you mean "per hr rate"? Do you mean for extra work ? I had terrible incident recently so i have decided to never do overtime with them anymore lol. And in 6months im thinking of asking for 35-50% hike. Well bc i didn't got hike when i joined this company. So no hike since last 2years.

MagicalMarshmallow
MagicalMarshmallow

Per hr means? U work 5 days in a week U work 40 hrs a week
U work 160 hrs a month
Daily 8 hrs * 25 usd

PrancingPancake
PrancingPancake
IBM5mo

haha

PrancingPancake
PrancingPancake
IBM5mo

jokes aside most indian company bill u to client in USD rate then give u peanuts in inr ,that been done in india 20+ years and how they make billions in profits .best way we have these days to make money from work is join company that offer stock/esops but only top company do that

SnoozyTaco
SnoozyTaco
HCL5mo

Are you new to corporate world buddy?

ZippyMochi
ZippyMochi

It's dumb, you'll make a fool of yourself, don't.

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