Whats the average increment rate every promotion in tech?
I am a fresher and was assuming that from sde 1 to sde 2 my salary or ctc will at least become 1.75 to 2x of current. But recently came to know that even in promotion its just 10 to 20% increment. To get 1.75 or 2x you will have to switch. Is it the same in most of the top tech companies?
DesignTinker
Stealth
6 months ago
Welcome to the rat race 🙏🏽
Well, if this rat race is the only means for one’s survival, so be it. Not everyone is privileged enough to start businesses or their own startup
Sapthinker
Stealth
6 months ago
You are so innocent 😇 a step above from “monthly in hand salary = Ctc divided by 12 🤭”
Frostygig5
Stealth
6 months ago
Take that increment then switch
RapchikBidu
Stealth
6 months ago
Yeah bro, that’s how it is. Even during a switch, a lot of companies ask for previous salary, and try to negotiate on that basis, regardless of how you perform in the interview.
But yeah. Once u are in the company, try for min 15-20% hike. This percentage will decrease as your Year of experience increases.
