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Salary Discussions, Hike & Promotions
1w
I have been the top performer of the company in my department and management is really pushing me to not consider any other opportunities.
I'm working as a design technical engineer in cable firm. My pay currently is 6.6 L per year with 6.5 years of work ex. As per market 9.5-10.5 L per year is what everyone has with this kind of work ex.
How much of a hike should I pitch to my boss when he asks me considering the fact that my pay is lower than market standards.? Can I push for 50-60 % hike. Please guide anyone.
a deputy manager
1w
One day Management will change and you will left wherver you are
Just know your worth and see if there are any opporunities go for it 🤩
indispensableperch
author
1w
works at
@a deputy manager Thank you ...you are very right!
Looking for better opportunit... see more
a data analyst
1w
You’re at 6.6L market is at 9.5-10.5L, 50% hike puts you at 9.9L which is fair!
Go for it confidently
indispensableperch
author
1w
works at
@a data analyst Thank you..50- 55,% is what I had in my mind. My last hike was 30 % which was kind o... see more
anjanadmi
1w
student at
Jamia Millia Islamia
Instead of just salary also negotiate for bonuses, perks and stock options
misskick
1w
works at
Have you received any outside offers?
indispensableperch
author
1w
works at
@misskick I have not reached any final stages but I'm getting calls. To justify the hike of 80% it i... see more
a content writer
1w
If they offer less than 40% hike will you still stay or start looking for new opportunities?
indispensableperch
author
1w
works at
@a content writer will look for new opportunities
And as per company's pay system 40% loo... see more
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