I'm working at payU payment from 2 years and from last two years they are giving the increments in single digit, is the market is bad ? Last year I got 4% increment I was informed by my manager that company is not doing good same has happened this year again I got only 4% incriment. In my team I have seen people are getting 8-10% also and in other team few have got 12% also, however I feel even 12% is the highest still it seems too low. is this is happening everywhere or it's just payU?
Give a range on what your base comp is.
4% on 80L vs 12% on 25L are both dame namesake increments. Where the momor budget increments in the team is equally distributed.
My base was 31.2 LPA before the increment now it is 32.4 LPA.
I joined payU with 30 LPA, the growth seems minimal.
I posted this question, just to check if the increments are happening low everywhere or it's just payU?
FYI when I joined payU I have 5yr of experience now I have 7 yr of experience, I joined with 30LPA base + 15% variable
Dude leave...!!
You guys are getting increments?
Hey man, what's the situation at cleartrip
At Flipkart I got an increment of 3-4 percent after getting Exceeds Expectations rating and getting promoted. Here's the thing, market is bad and management knows that even with low increment software engineers will stick around.
My suggestion stick around and switch when the market improves or if you can switch right now with a decent offer do that. High risk high rewards bro.
Are you sde1 or sde2 and what's the fixed like?
Guess Pay U isn't "Paying You" enough.
Since we are seeing a lot of layoffs, a lot of companies are using this as an excuse to provide less increment this year. Interested to know what sort of increments are you’ll getting this year and how much did you get last year?
I got a good hike this year. Around 34% mostly because I got promoted and my hike in the previous year was shit. I wo...
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...
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 bro...
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
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%
Only for landlords, it has been an year of insane increments 🥲
