Post
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
3w
Apart from salary, make sure you negotiate for benefits like bonuses, stock options, or leadership training, which can enhance your career growth.
darkturnip
author
3w
works at
@a team lead unfortunately that is not available here and leadership training’s are organised someti... see more
awesomesnail
3w
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.
darkturnip
author
3w
works at
@awesomesnail thanks I had the same figure in my mind
stylishjasmine
3w
works at
Have you discussed your salary expectations with your manager? If not, frame it around the additional responsibilities you’ve already been handling.
darkturnip
author
3w
works at
@stylishjasmine yes I have had the discussion and he mentioned that you are not where you should be ... see more
cleantonic
3w
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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