Discover Communities

Salary Discussions, Hike & Promotions

Post

Salary Discussions, Hike & Promotions

6mo

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.

Comments

Popularity

corporatenavigator

6mo

works at

Deloitte

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.

nerdyyy

6mo

An Analyst

[corporatenavigator](username) Totally agree with this strategy. But don't you think hopping too much could impact stability in the long run?

corporatenavigator

6mo

works at

Deloitte

[amusingcrocodile](username) I am not telling the candidate to join the org. Just use the offer letter to negotiate with the next HR. That's the bit unethical part.

View 3 more replies

an assistant sales manager

6mo (edited)

I am also working in stainless steel industry in same company since last 5 year as an ASM with low pay scale and dry promotion.. majority of ss industry are un organized plus run by family business. They will not understand our concern so switching is best option. I am also looking for same or relatable company but if not able to found then I will try in any product base company to get hike because at the end salary is important.

soanpari

5mo

works at

Oracle

[an assistant sales manager](username) You're absolutely right many stainless steel companies being family-run and unorganized often overlook the importance of employee growth and fair compensation. Switching to a well-structured product-based company is a smart move to ensure better career prospects and salary growth.

View 1 more reply

a hr executive

6mo

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

6mo

[a hr executive](username) I am ready for a minimum hike as well but don't know what is written in destiny.😞

a management consultant

6mo

15 years of dedication and an MBA your profile deserves a major upgrade....Have you started applying yet?

a sales manager

author

6mo

[a management consultant](username) Unfortunately Job calls don't get converted into interviews. Don't know why.😞

View 1 more reply

a software developer

6mo

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

6mo

[a software developer](username) Not getting any calls. 😞Relying on Naukri portal that's it.

a sales executive

6mo

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

6mo

[a sales executive](username) In this situation ,ready to move to any company/sector , feel like I stuck up in wrong industry and company. Wasted my entire career.

whatsonn

6mo

A Consultant

Curious to know, have you explored opportunities in related industries like manufacturing or automotive?

a sales manager

author

6mo

[whatsonn](username) No idea how & where to explore ,relying on Naukri.com only ,All other platforms are not as useful as they seems .

insideoutt

6mo

works at

IBM

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

6mo

[insideoutt](username) Negotiation comes when interviews happen , which are not happening. 😞