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Salary Discussions, Hike & Promotions
3w (edited)
Expected salary??
Hello everyone
I am currently working as a design engineer 1. And I am acting as a team lead (not yet promoted) for past 9months , and I am up for a promotion, I am in doubt what position will be going to be offered. I am having 6.7LPA , CTC ,how much should I expect since moving into a leadership role.
a team lead
2w
Apart from salary, make sure you negotiate for benefits like bonuses, stock options, or leadership training, which can enhance your career growth.
awesomesnail
2w
works at
You’re at 6.7 LPA currently, so ideally, your revised salary should be in the 9-10 LPA range if you're formally stepping into a leadership role.
stylishjasmine
2w
works at
Have you discussed your salary expectations with your manager? If not, frame it around the additional responsibilities you’ve already been handling.
cleantonic
2w
works at
For a transition from Design Engineer 1 to a lead/managerial role, a fair expectation would be around 30-50% hike, depending on company standards and industry benchmarks.
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