SillyMarshmallow
Student
What’s a good annual % hike + bonus?
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?
7mo ago3.3K3.3K views
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JumpyPretzel
Stealth7mo
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.
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