BubblyBurrito
BubblyBurrito

Increment this year?

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?

19mo ago
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TwirlyNoodle
TwirlyNoodle

I got a good hike this year. Around 34% mostly because I got promoted and my hike in the previous year was shit. I work in finance

BubblyBurrito
BubblyBurrito

Great, dude. Congrats for your promotion.

BouncyPretzel
BouncyPretzel

Congratulations man thats a very good percentile

ZippyJellybean
ZippyJellybean
Amazon19mo

0 percent this year.

BubblyBurrito
BubblyBurrito

Has it affected your motivation to work? Are you looking out for other opportunities because of this?

ZippyJellybean
ZippyJellybean
Amazon19mo

I don't think anything has changed for me. I understand the market situation and how it works. As long as I am employeed and paid according to the market. I am fine.

SwirlyBagel
SwirlyBagel

28% Base shifted from 7 to 9, Grinding DSA , need to shift asap for 14+ base, Recommendation of companies with python backend tech stack is much appreciated 👍

PerkyBoba
PerkyBoba
Cred19mo

Zerodha and Atlassian uses Django if I'm correct

BubblyPancake
BubblyPancake

I found a new job with 8.5 CTC and 8 base. Want to get to 14+ asap. Any suggestions? I have a year break in between

SparklyCupcake
SparklyCupcake

~15% this year ~35-40% last year

Felt the hike wasn’t enough last year because fresher salaries are shit here. Definitely not enough this year.
Thinking of switching after a few months.

Stuck with the company because: -decent culture
-almost no micromanaging by manager & TL -actually flexible hours, no one cares as long as you get quality work done

CosmicRaccoon
CosmicRaccoon

Which company?

SwirlyDonut
SwirlyDonut

Hey @genetackovic , in a similar boat. What factors are influencing your willingness to switch?

DancingNoodle
DancingNoodle

10% but I consider it (10% - Inflation) ≈ 2 to 3% net

ZestyDonut
ZestyDonut

10% - 3% tax - 7% inflation = 0% hike 🥲

GigglyCupcake
GigglyCupcake

Why 3% tax?

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