Post
Salary Discussions, Hike & Promotions
2mo
a sales manager
Seeking advice on Salary earning
Dear Friends,
I am currently working with a reputed Stainless steel company in India and associate with this company since the inception of my career in 2009.I completed my B.E.in 2009 and MBA in 2020 .
My CCTC is 12.5 Lacs only which is too low as per industry average and I have not received any promotion in the last 6 years .
I think long association with a single company is undervaluing yourself.
Kindly guide How much salary should I ask for if I move to another relatable company and justification for this hike ??
Kindly assist ,Your insight are really helpful to me.
corporatenavigator
2mo
works at
You'll need to ask for a standard 40% hike as a base to get into interviews. Then keep using one offer letter after another to increase your pay. A bit unethical but that's how it works normally. Hardly any HR would give you a 100% hike directly.
tiddey
2mo
An Analyst
@corporatenavigator Totally agree with this strategy. But don't you think hopping too much could imp... see more
View 4 more replies
a sales executive
2mo
Considering your experience and qualifications, you can easily ask for a CTC of 20–25 LPA in a similar role. What industries are you eyeing for the switch?
a sales manager
author
2mo
@a sales executive In this situation ,ready to move to any company/sector , feel like I stuck up in ... see more
coderji
2mo
A Team Lead
Definitely underpaid, boss.. Have you benchmarked your role against industry standards in portals like AmbitionBox?
a sales manager
author
2mo
@coderji No idea.I am completely new to this platform too.😞
an educator
2mo
6 saal se no promotion? Ye toh 'forever entry-level' wali feeling aa gayi hogi. How about aiming for at least a 50% hike? Kya kehte ho?
a software developer
2mo
You’re like the Kohinoor diamond for your company precious but not appreciated enough...Time to shine elsewhere. Ask for 25 LPA, boss..
a sales manager
author
2mo
@a software developer Not getting any calls. 😞Relying on Naukri portal that's it.
a management consultant
2mo
15 years of dedication and an MBA your profile deserves a major upgrade....Have you started applying yet?
a sales manager
author
2mo
@a management consultant Unfortunately Job calls don't get converted into interviews. Don't know why... see more
View 1 more reply
wineymoose
2mo
An Operations Manager
Great background and strong experience..What’s stopping you from negotiating a raise within your current company before you move out?
a sales manager
author
2mo
@wineymoose Company saying we don't need you. You may leave at any point of time.
View 2 more replies
insideoutt
2mo
works at
15 saal ka experience + MBA = Power combo....You can definitely aim for a 60–80% hike in a similar domain. Want help with salary benchmarking for stainless steel roles?
a sales manager
author
2mo
@insideoutt Negotiation comes when interviews happen , which are not happening. 😞
whatsonn
2mo
A Consultant
Curious to know, have you explored opportunities in related industries like manufacturing or automotive?
a sales manager
author
2mo
@whatsonn No idea how & where to explore ,relying on Naukri.com only ,All other platforms are not as... see more
a hr executive
2mo
Let’s do some quick math. With 15 years of experience and an MBA..you should at least be in the 20-25 LPA bracket. What do others in this thread think?
a sales manager
author
2mo
@a hr executive I am ready for a minimum hike as well but don't know what is written in destiny.😞
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