Increment this year?

This year, the increments in my company were fairly good, with an average of 21% and the highest being 30% in my team of 10 people. The average rating was 4/5. Given the current market situation, these increments can be considered decent. However, despite these figures, none of the team members seem satisfied. Last year’s increments were better, but still, this year’s numbers aren’t bad. Considering our positive company culture and manageable work pressure, I’m curious to understand why the expectation might be so skewed. How much of an increment is generally enough to make employees happy? Were the increments really that bad, or is there something else at play here?

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 ?

It's like going back to COVID days. We got email that due to current situation there will not be any increment this year. What about your company? How is the situation?

My manager who is also one of the CXOs of the company, repeatedly gaslights me into thinking that I’m not good enough. My performance ratings of last couple of years is one of the best yet I haven’t seen any substantial growth. I don’t know how does it justify higher performance rating when I’m not doing enough/good enough.

Folks, I wanted to make a prediction that most of us pretty much know already 2023 our salaries haven’t grown at all. Across my group of friends at work and college, the average amount of increment I heard is close to 5%

For Software engineers with 7/8 years of experience or access to relevant data points, can someone tell me the following: Pay structure and salary increment in 2016-2019 cycle vs 2019-2023 cycle I have a feeling that a lot of SEs here have an inherent sense of entitlement, that they deserve a salary X / WFH / other covid perks... which is primarily pegged to the madness of 2020-22, where they were getting abnormal salary increments. My hypothesis is that they are still better off in 2019-23 cycle vs 2016-19 cycle. Thoughts?

In my organisation the salary revision/promotion cycle is delayed. What about yours? Did you get it? Was it enough to beat the inflation at least? How much weightage was given to office attendance? Share your scenes/rant in this post.

I need advice on how much I should ask for yearly Increment. I am in a product based company as an MLOps Engineer and I am completing 1 year here. Total YoE 2 years. My current base is 18LPA. My work has been excellent for the past year, my manager is very happy with my work and my quarterly review has been good too. I need your advice on much yearly Increment should I ask. I have never been on such calls and I am feeling a bit nervous 😅. Any advice on how I should approach this call would be very helpful.

I joined this mid level product cum service based company 3.5 years back and got around 5 increments with average of 40% hike each time. This year they have increased by just 5% and also they promised they won't layoff any current employees which is a good sign. Is this expected seeing the current scenario around IT world?