ZoomyDonut
ZoomyDonut

Whats the average increment rate every promotion in tech?

I am a fresher and was assuming that from sde 1 to sde 2 my salary or ctc will at least become 1.75 to 2x of current. But recently came to know that even in promotion its just 10 to 20% increment. To get 1.75 or 2x you will have to switch.

Is it the same in most of the top tech companies?

9mo ago
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PeppyMarshmallow
PeppyMarshmallow

Welcome to the rat race 🙏🏽

QuirkyPretzel
QuirkyPretzel
TCS9mo

Well, if this rat race is the only means for one’s survival, so be it. Not everyone is privileged enough to start businesses or their own startup

BouncyMarshmallow
BouncyMarshmallow

You are so innocent 😇 a step above from “monthly in hand salary = Ctc divided by 12 🤭”

ZoomyDonut
ZoomyDonut

Pleqse share your experience then!

SqueakyPenguin
SqueakyPenguin

Yeah bro, that’s how it is. Even during a switch, a lot of companies ask for previous salary, and try to negotiate on that basis, regardless of how you perform in the interview.

But yeah. Once u are in the company, try for min 15-20% hike. This percentage will decrease as your Year of experience increases.

ZoomyDonut
ZoomyDonut

Damn! There is too much to know about this industry

FluffyWaffle
FluffyWaffle

Take that increment then switch

SillyDonut
SillyDonut
TCS9mo

Kadwa Sach aka bitter truth

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How do the increments happen this year?

I'm working at payU payment from 2 years and from last two years they are giving the increments in single digit, is the market is bad ? Last year I got 4% increment I was informed by my manager that company is not doing good same has hap...

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user

You guys are getting increments?