I’m wondering what is the case for your company and how transparent are the hikes? Do they tell you on what parameters will you get x% hike?
And same for bonus. If x is your bonus component, what % of it do you get annually?
There is no fixed answer about hike, because it depends on your salary range. For someone earning 30 LPA, 10% hike would be considered ok, 15% would be considered good, and 20% would be considered great. But for someone earning below 10 LPA, anything below 20%, would be poor hike. Talking of annual Bonus, most product based companies give 100+% Bonus, even some service based companies give 100+ Bonus.
What's the average annual hike at your org ? I know it depends on performance and all, but still there's gotta be range. Asking from a dev standpoint, but would like to know others as well. At my company, it's around 10-15 %(mid size com...
Usually 10-15% but this year its around 5% because of macro economics
Hi! So I had been interviewing for a startup and I finally heard back from them with an offer but the numbers are way below my expectations. I had quoted a 25% raise from my prev pay of 1.5 years — which I know from folks around would ha...
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?
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...
