SqueakyWaffle
SqueakyWaffle
2mo

Advice on salary negotiation

Having 3 years and 10 months of experience in MDM trying to switch, what should be my expectations. by the way my Current CTC is 6.5 LPA. I want to know because they are asking about my expectations so I don't want to miss an OL because of over expectation, because I want an OL first to negotiate further.

9 LPA
12 LPA
15 LPA
17+ LPA
260 votesexpired
2mo ago
ZippyPotato
ZippyPotato

one should have at least more than or equal to
No. of experience x 2

so in your case ask for more than 8 lakh

SqueakyWaffle
SqueakyWaffle

But I am already sitting at 6.5, you mean i should expect only 20-30 % hike ? One more thing that is confusing me a lot in negotiating is, in 3 month I will be getting 35% hike from my current organization as per the bonus program so should I consider that too when negotiating Salary?

PrancingNugget
PrancingNugget

Ask for 12.0 . They will settle for 10.

SqueakyWaffle
SqueakyWaffle

Okay, I have asked for 15 now and will see how it goes

I believe a package in the range of 9 to 10 LPA would be appropriate. Coming from a similar background and currently at a comparable package, this seems like a fair expectation. I am also in discussions with a few interviewers as I am planning to make a switch.

SqueakyWaffle
SqueakyWaffle

Thanks for the advice, but another factor is I am getting a hike of 35% in the month of March in my current organization that will make my CTC around 9 LPA, should i consider that in my salary negotiation or is it better to wait for 3 more months to switch?

GroovyMarshmallow
GroovyMarshmallow

ask for 30 lpa

SqueakyWaffle
SqueakyWaffle

What? Bro I am being realistic

Discover more
Curated from across