FuzzyPancake
FuzzyPancake

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 happened this year again I got only 4% incriment. In my team I have seen people are getting 8-10% also and in other team few have got 12% also, however I feel even 12% is the highest still it seems too low. is this is happening everywhere or it's just payU?

10mo ago
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DancingUnicorn
DancingUnicorn

Give a range on what your base comp is.

4% on 80L vs 12% on 25L are both dame namesake increments. Where the momor budget increments in the team is equally distributed.

FuzzyPancake
FuzzyPancake
PayU10mo

My base was 31.2 LPA before the increment now it is 32.4 LPA.

I joined payU with 30 LPA, the growth seems minimal.

I posted this question, just to check if the increments are happening low everywhere or it's just payU?

FYI when I joined payU I have 5yr of experience now I have 7 yr of experience, I joined with 30LPA base + 15% variable

BouncyPickle
BouncyPickle
Agoda10mo

Dude leave...!!

GigglyNugget
GigglyNugget

You guys are getting increments?

SleepyWalrus
SleepyWalrus

Hey man, what's the situation at cleartrip

TwirlyKoala
TwirlyKoala

At Flipkart I got an increment of 3-4 percent after getting Exceeds Expectations rating and getting promoted. Here's the thing, market is bad and management knows that even with low increment software engineers will stick around.

TwirlyKoala
TwirlyKoala

My suggestion stick around and switch when the market improves or if you can switch right now with a decent offer do that. High risk high rewards bro.

ZippyLlama
ZippyLlama

Are you sde1 or sde2 and what's the fixed like?

ZestyKoala
ZestyKoala

Along the same line for past 2 years (6-10%)
How is the work culture at PayU for Product roles

SwirlyHamster
SwirlyHamster

It is a layoff place

GroovyNugget
GroovyNugget

Guess Pay U isn't "Paying You" enough.

GigglyUnicorn
GigglyUnicorn
TCS10mo

Please join TCS , u will get πŸ’― haha

SparklyMuffin
SparklyMuffin
PayTM10mo

%? Or rupees?

GigglyUnicorn
GigglyUnicorn
TCS10mo

Percentage

ZoomyPanda
ZoomyPanda

25% yearly hike, 20% on top of prior number for promotion hike at a US MNC

PeppyMochi
PeppyMochi

Here, we haven't gotten hike in last 2 years. πŸ€¦πŸ»β€β™‚οΈ

WigglyWalrus
WigglyWalrus

Same pinch broπŸ˜‚πŸ˜‚

GroovyDumpling
GroovyDumpling
TCS10mo

I got 0.97 percent..

MagicalDonut
MagicalDonut

I got 0% increment

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