9-10% hikes may not help beat inflation

While we see a 10 yoe person is getting easily 30L now compared to a dream 10L back then in 2014;Why do we see people complaining about zero or minimal hike this year?Is the goal to say a 10 yoe person should get 50L?Dollar vs INR reasons? Just curious to understand from others and pacify my inner sense:)

A decent burger or Small pizza on Zomato is Rs 300+; A coffee at Starbucks is now 450; Movie tickets are 400; the average cost of a weekend drinks and dinner with friends is above 2K; Lets not even talk about how expensive rent is right now. It feels like the cost of everything is just rising and salaries are not growing fast enough to make up for the rising costs

Hike Graph is on a roller coaster ride since covid. With nothing certain about the Interest Rates & Inflation. What is your company offering & What all factors they look at during the appraisal cycle ?

I’ve been working as a SWE for GE in Bangalore for nearly two years. First of all the WLB and culture here is incredible. I honestly can’t believe how great the WLB is over here, I work maybe 20 hours a week on average and am rarely ever stressed about anything. They’re not strict about WFO so I can chill at home most of the time. No fixed timings and I also get a ton of leaves. There’s no micromanagement and the culture is chill and professional. Perks are about average for any large MNC. We have a beautiful company campus with plenty of car parking space for everyone. Obviously your mileage may vary depending on the your team, it’s possible I just got lucky. The only con is that the pay is shit. Fresher SWEs are paid around 12 LPA while seniors might earn around 30. Not possible to earn 60+ unless you’re in a leadership position.

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I have been working in my company for over 4 years now, each time it's time for Appraisals I am told the company cannot go beyond 7%. But I have progressed in my role through the years and I have delivered excellent growth results this year when the context has been dull. I am super frustrated it could end up with being handed a 7% increment and of course a football to take home, especially after my meeting with my manager. It's getting to me now!