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Salary Discussions, Hike & Promotions
3w (edited)
darkturnip
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works at

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.
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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.
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darkturnip
author
3w
@a team lead unfortunately that is not available here and leadership training’s are organised someti... see more
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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.
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darkturnip
author
3w
@awesomesnail thanks I had the same figure in my mind
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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.
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darkturnip
author
3w
@stylishjasmine yes I have had the discussion and he mentioned that you are not where you should be ... see more
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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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