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?
No amount of increment will make employees happy. no amount of hard work will satisfy managers. This is universal truth.
generally speaking, firing few members of the team and giving 1 or 2% hike will generally keep employees satisfied. or atleast stop them from cribbing.
I am the manager and am more than satisfied with the performance, in fact proud of the team. What my manager thinks is debatable 😅. Kinda getting tired of constantly hearing the cribbing part about increments.
Difficult to comment without more context .. but safe to say that 20% increments across the board are unsustainable. Neither is large scale hiring where there isn’t a clear visibility on profitability. Fixed sgna costs can’t balloon like this. Early stages organisations may do this but it WILL END IN TEARS.
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...
Especially if you're in an organisation for less than a year.
I see people boasting about a 20% increment, but I understand that they're experienced professionals.
I know that something more than 5 would be good enough(?) as I still h...
Most of the employees got 3-5% increment, anyone got a news of higher increment?
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 yea...
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 hap...
