Salary Increment negotiation
I joined a start-up (SDE 1) after working in an IT service giant (one of the WITCH) for the past 2 years. There we didn't have any discussion regarding the amount of raise expected, they used to just assign us the percentage (peanuts) that they felt.
Here in the start-up I have heard that we have a say about how much % increase we are expecting post review cycle. I have some questions,
- Do managers generally know about their subordinate's salary?
- If not, then how do such discussions take place? Just based on % increment?
- Or Only feedback is discussed with the manager and salary negotiation is done with HR (who knows my salary)?
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Manager's knows the salary (atleast in my case).
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Because they knew your salary, the increment happens on alot of factors - does your manager like you, do you have visibility of your tasks, are you already high/low paid according to company salary etc
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Your manager gives rating rating according to step #2
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Salary increment happens only if company is in profit (it's upto an organisation what they tell people). For example: they set some criteria (100cr) to be earned in the upcoming financial year.. if they achieve this, increment will happen. If they receive 70-80Cr increment happens only to those which are favorite people of leadership team.
Thank you for answering
Who decides the salary and how it's decided depends on the company.
That said your manager's feedback will be a factor in case the manger isn't the decision maker.