FluffyPickle
FluffyPickle

How to not reveal your cctc and ask for more than 100% hike?

I know current market is not approving this but based on the skills it should be acceptable. If the current ctc would have been good then why would someone switch. Please suggest some advices to mention how to not reveal the cctc till the offer is received. Lately for scheduling interviews also companies ask for cctc and ectc before taking even a single round how to tackle all these and also can we mention more than our cctc?

13mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
Round 1 by Grapevine
SqueakyWalrus
SqueakyWalrus
Student13mo

Tell them you cannot disclose cctc. For ectc, Uno reverse! Ask them what is the pay range for someone having X-YOE with given skill sets.

FluffyPickle
FluffyPickle

They say the budget has not been decided yet and to proceed further they want my cctc and ectc and the thing is my ectc is not even matching to them and they are low bowling and asking me to relocate another city

PeppyNarwhal
PeppyNarwhal
Swiggy13mo

Easier said than done. You will have to reveal your CTC. There are hardly any companies who will move forward and offer without knowing your CTC.

WigglyPenguin
WigglyPenguin

Say you are under non-disclosure agreement

WigglyPenguin
WigglyPenguin

or better ask them their salary

SillyPenguin
SillyPenguin
TCS13mo

😆

QuirkyPretzel
QuirkyPretzel

You will have to reveal it before getting the offer in many of the companies.

You can delay it if possible by asking their budget or you can say something like as per industry norms.

There are 2 more practical ways to achieve this:

  1. Try for companies who don't care about current CTC, if you get hired you get the salary as per your role band

  2. Keep trying for one offer based on another until you get your desired hike

P.S. If you go for the 2nd one then be mindful about informing companies in advance and not ghosting them on the day of joining.

Also currently the market is a little tough so you might not get more than 100% hike after trying to get one offer based on another.

FluffyPickle
FluffyPickle

How to look for such companies and these might be again the faang and big companies right. And the 2 point what all the docs and details they ask for to release the offer letter and if once we get the offer and if we do not want to join or have another offer how many days before we should align them about it.

QuirkyPretzel
QuirkyPretzel

Yes these companies would mostly be faang and such other companies only.

But some well funded startups also don't care much about cctc.

You can probably ask on this forum only to get such company names.

To release the offer letter depending upon the company they ask last 3/6 months payslips, bank account statements, last increment letter, etc.

You should try to inform them at least 2 week before DOJ if possible, in worst case scenario you should inform minimum one day before DOJ.

MagicalCupcake
MagicalCupcake

What I generally do is I ask them the budget upfront. Most of the time they don't disclose budget in order to proceed lowballing candidates. If the company is able to give good hike (big brands and whatnot) then I give them a ballpark figure. If not then I tell them that I signed NDA so can not disclose. Sometimes they will actually tell the budget and you can accordingly understand if it is worth pursuing.

FluffyPickle
FluffyPickle

Okay… whats a ballpark figure and if we are saying any random figure which is actually not true and if they ask for the salary slips then how to tackle at that time

Discover more
Curated from across
Business Roles
by FuzzyNuggetHeadout

Revealing salary in the first round. Yay or nay?

Had the first (exploration) call with my would-be boss and HR lead to figure out which role I would fit in. Company is an MNC startup, best culture ive heard of, lots of friends working there in different verticals etc. I usually dont re...

Top comments
user

It depends on where you are in terms of the compensation spectrum. It can definitely lead to bias if your current sal...

user

To whom I did not reveal my salary, none of them called back.

IT Company Discussion
by SwirlyRaccoonOracle

Current Market Hikes

Hello,

What should be the ideal CTC ask for a job switch now a days on below basis? How much should I ask to HR?

Total experience - 3.5 years Skill - ETL Development, Informatica PowerCenter, SQL, PLSQL, Shell Scripting, Tableau. CCTC ...

Confessions
by GoofyPancakeSoftware Engineer

Sometimes Luck is bigger than hardwork

I studied from tier 3 college in tier 2 city. I got placed in one of those mass recruitment companies. I was an mechanical student, so the only interview question I was asked was if I can speak marathi or willing to learn it since the p...

Top comments
user

Luck isn't just about opportunities. It's about going all in on them when you come across them. Great to see yo...

user

Luck can be engineered. If you keep maximizing the surface area of probability of Good luck, you're bound to hit the ...

user

Congratulations buddy. Your growth is just mind blowing Here is me who don't know answers for few interview ques...