No increment this year in company

It's like going back to COVID days. We got email that due to current situation there will not be any increment this year. What about your company? How is the situation?

21mo ago
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JumpyTaco
JumpyTaco

Got hired at 100% hike 6 months back, got 15% increment hehehehe. Take part in company hackathons seriously and deliver more code continuously

ZestyQuokka
ZestyQuokka

Where do non tech go 🥲

SparklyLlama
SparklyLlama

Lucky you

DizzyMuffin
DizzyMuffin
Google21mo

Companies doing well are milking the situation as they can get away with lower hikes and little to no promo

SparklyLlama
SparklyLlama

I agree

SquishyMochi
SquishyMochi

Yup - there are companies cashing in on the bad situation despite doing well and saying “market situation is bad so no hikes”

ZestyQuokka
ZestyQuokka

Same situation. They said by July they will plan for Esops - vested over 8 years 😒 P.S. the company completed 3 years in Feb 2023

DizzyMuffin
DizzyMuffin
Google21mo

@BiryaniEnthu 8y is too much, it’s not standard, industry standard is somewhere between 3-4y for total vesting

ZestyQuokka
ZestyQuokka

Obvious red flags 🥲

GoofyPretzel
GoofyPretzel

-100%, got laid off 🥲

PerkyDonut
PerkyDonut

People got around 8/9 percent. I had joined with 90% hike and not eligible for any hike this year.

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