SparklyLlama

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?

25mo ago

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JumpyTaco

Stealth25mo

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

ZestyQuokka

Stealth25mo

Where do non tech go 🥲

SparklyLlama

Fidelity Investments25mo

Lucky you

DizzyMuffin

Google25mo

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

SparklyLlama

Fidelity Investments25mo

I agree

SquishyMochi

Freelancer25mo

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

ZestyQuokka

Stealth25mo

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

Google25mo

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

ZestyQuokka

Stealth25mo

Obvious red flags 🥲

GoofyPretzel

Stealth25mo

-100%, got laid off 🥲

PerkyDonut

Goldman Sachs25mo

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

SwirlyBagel

OpenText25mo

Joined 9 months back from service based company with 100% hike. Recently got around 25% hike..Don't know how coming days going to be..Hope this recession ends soon

ZestyQuokka

Stealth25mo

Company ka naam batao

JumpyJellybean

Stealth25mo

Aaj hi bola hai org restructure hoga and some head count reduction. Let’s see if that impacts our anyways meagre increment 🙃

SillyNugget

Amazon25mo

Increment? Vo kya hota hai?

QuirkyLlama

Nykaa25mo

Appraisal discussions are happening but considering the situation going on in the company, not having high expectations 😢

DancingPancake

Stealth25mo

We are expecting not more than 8% on an average this year.

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Curated from across

Layoffs23mo

by BubblyBurritoProduct Owner

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?

Top comments

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...

28% Base shifted from 7 to 9, Grinding DSA , need to shift asap for 14+ base, Recommendation of companies with pytho...

Personal Finance24mo

by PeppyUnicornTeam Lead

Decreasing increment%

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...

Office Gossip16mo

by ZoomyMuffinAmazon

2023 is a year of virtually no salary increments

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%

Top comments

Only for landlords, it has been an year of insane increments 🥲

This is the year I got 80% hike, by rolling a risky dice

Indian Startups22mo

by FloatingHamsterSoftware Engineer

Razorpay increments - sad state

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 ...