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SillyKoala
SillyKoala
KPMG

What’s a ‘Good’ Hike in Today’s Market?

For those who’ve switched jobs recently, how did you negotiate a good salary? What % hike is actually realistic these days?

60%-80%
40%-60%
20%-40%
Just took what was offered 😐
80% +
2433 votesexpired
3mo ago
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SqueakyNarwhal
SqueakyNarwhal
KPMG3mo

For juniors (less than 5 YOE), 80% hike is realistic
So they will vote for 80%

But if you cross 5-6 YOE, getting 80% hike in today's world is difficult for majority people.
Yes, there would be exception to this.

Ideally 40-60% hike during switch is great and realistic.
Minimum 30% hike should be there while switching.

DerpyWaffle
DerpyWaffle
CGI2mo

One of my friend went from 7.8 lpa to 20 lpa. 7.8 to 16 to 20lpa. It's all depends on the skill, role and how u negotiate with recruiting manager(HR)

FloatingNarwhal
FloatingNarwhal
Accenture2mo

I have 9 yoe , I dot 70% and hopefully I will close at 120%

PeppyPancake
PeppyPancake
Meesho2mo

I moved from 54 to 67 -- 4 YOE. Is this good enough? (IIT alum)

JumpySushi
JumpySushi
HCL2mo

Bhai tu rehen de, teri alag league hai. 4yoe m 67lpa 😀. Bang on

DancingBiscuit
DancingBiscuit
LTIMindtree2mo

I went from 8.3 to 24

PeppyPretzel
PeppyPretzel
Deloitte2mo

How did you negotiate 200% hike ?

JumpyMarshmallow
JumpyMarshmallow
Meesho2mo

I’m kinda feeling awful after reading this, i got like a 10% hike :)))

SwirlyBiscuit
SwirlyBiscuit
Qualcomm2mo

They are talking about hike when they switch, not the hike you get annually.

JumpyHamster
JumpyHamster
Accenture2mo

I asked for 100% hike and company gave more that that

PeppyPretzel
PeppyPretzel
Deloitte2mo

But why will any company offer more than what you ask ?

WobblyJellybean
WobblyJellybean
Publicis Sapient2mo

Depends on your current CTC. For someone with 4 LPA 100% hike is good. But for someone with 40 LPA even 20/25% is good. So it's completely subjective.

Also your tech, YOE, it's service based or product based or a startup all of it matters

ZestyNoodle
ZestyNoodle
TCS2mo

12.4 YOE and CTC 17.. way underpaid I know. How much can I expect?

GigglyPretzel
GigglyPretzel
Accenture2mo

Same, 11 yoe 17 lpa,
Followers answers

ZestyCupcake
ZestyCupcake
Globant2mo

Switched in may, >100%. I think it is more possible for <4-5 yoe people. More the current compensation, lesser the % hike on switch

SillyQuokka
SillyQuokka
Dell2mo

My colleague got a 70+ % hike with in company. Switched from one team to another at 11 YOE..

so don't believe any cap, any ceiling.. it's all demand and supply

SparklyCoconut
SparklyCoconut
IQVIA2mo

Highly subjective, depends on, prior relevant experience , current level, city and seniority of role...in no particular order

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