ZoomyDonut
ZoomyDonut

Whats the average increment rate every promotion in tech?

I am a fresher and was assuming that from sde 1 to sde 2 my salary or ctc will at least become 1.75 to 2x of current. But recently came to know that even in promotion its just 10 to 20% increment. To get 1.75 or 2x you will have to switch.

Is it the same in most of the top tech companies?

15mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
Round 1 by Grapevine
PeppyMarshmallow
PeppyMarshmallow

Welcome to the rat race 🙏🏽

QuirkyPretzel
QuirkyPretzel
TCS15mo

Well, if this rat race is the only means for one’s survival, so be it. Not everyone is privileged enough to start businesses or their own startup

BouncyMarshmallow
BouncyMarshmallow

You are so innocent 😇 a step above from “monthly in hand salary = Ctc divided by 12 🤭”

ZoomyDonut
ZoomyDonut

Pleqse share your experience then!

SqueakyPenguin
SqueakyPenguin

Yeah bro, that’s how it is. Even during a switch, a lot of companies ask for previous salary, and try to negotiate on that basis, regardless of how you perform in the interview.

But yeah. Once u are in the company, try for min 15-20% hike. This percentage will decrease as your Year of experience increases.

ZoomyDonut
ZoomyDonut

Damn! There is too much to know about this industry

FluffyWaffle
FluffyWaffle
Lowe's15mo

Take that increment then switch

SillyDonut
SillyDonut
TCS15mo

Kadwa Sach aka bitter truth

FluffyNugget
FluffyNugget
Plivo15mo

Yes bro. Now u r no longer fresher

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