PrancingBanana
PrancingBanana

Salary hike - saas

How’s 10-15% annual hike after basically building the whole feature set for the company. Are the markets really bad for startups too, or are they using the big tech layoffs as an excuse

28mo ago
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SparklyDumpling
SparklyDumpling

It depends on the absolute #s. If you are at 20 LPA in a series B+ SaaS, that’s a low-to-median raise.

If you are 50+ LPA in a Decacorn, any appraisal is a positive.

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Office Gossip
by SparklyLlamaProject Manager

No increment this year in company

It's like going back to COVID days. We got email that due to current situation there will not be any increment this year. What about your company? How is the situation?

Software Engineers
by FloatingPretzelSoftware Developer

Razorpay is too smart!

The company did around 10-15% silent layoffs in the last cycle by putting people in PIP. My Manager told me that he has pressure on him to put at least 1 or 2 people in PIP, make them leave the company and reduce costs.

Later, the c...

Top comments
user

Good thing. Anyways their frontend devs and PMs were doing everything on Twitter except tech.

user

Smart move by Razor pay, that’s why I love them

user

Same for Swiggy. Cost cutting, no increments,hiring interns and temps instead of sdes

Indian Startups
by FuzzyPancakePayU

How do the increments happen this year?

I'm working at payU payment from 2 years and from last two years they are giving the increments in single digit, is the market is bad ? Last year I got 4% increment I was informed by my manager that company is not doing good same has hap...

Top comment
user

You guys are getting increments?

Salary Discussion
by DancingCupcakeBusiness Development M...

[Thread] How much hike you expect this year?

Expecting 40 fucking percent hike( I am delusional ) 👁️ 🫦 👁️ 💅🏿

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Top comments
user

I have a strong gut feeling that I will get 42% Because Astrotalk guruji told me. /s

user

If I don't get fired I will be ahppy

user

You’ll get a 4 percent