Got my promotion today 6B to 7A
YoE : 4
Company : IBM (No switch)
Salary : 12 LPA
Role : Backend Developer

Is this justified ? What are market standards ?

like
Posting as :
works at
You are currently posting as works at

You should never compare your salary after getting a hike, You'll always get few folks getting more than you which might not let you enjoy your progress,
Rule of thumb is do as much research as possible, before your hike discussion, fight as much as possible during discussion, but once don't either accept it or if not satisfied try to look for a place that can satisfy you.
In any case I repeat, Never compare you salary with anybody else.
BTW, congratulations🎉 for 44% hike.

like

YoE*3 is very much justified. Plus stable job and wlb of IBM. Very nice I would say.

likehelpful

Yes, work life balance and stability wise IBM is best.

Yoe x 3, yes it is justified

like

if there is no switch then yes it's not a bad package.But the technology and the kind of working you do also matters.

like

Hi I was offered Microservices developer role for IBM , my YOE 4 years how much can I ask for? My current offer is 13 LPA?

Wonderful

Great

How much hike you got?
Is 12lpa your previous salary or after hike?

I got 44% hike and its after hike salary.

I am latteral hire 6b 3.4 YOE , 15LPA

MEAN Stack + Azure, normal MNC

like

@IBM It's a great package i think considering this is your first company. Can you please give some info regarding how much hike do generally people get after getting promoted from 6B to 7A except your case. Do they generally get this much hike like yours?

I'm not aware about others, you can ask a question in one of the IBM bowls.

like

This is standard per the current market floaters. Good job!

Those who say YoE*3 rule justifies it have no idea what the market offers when you have skillset, experience and a decent educational background.

Plus the OP hasn't switched yet. So staying in a firm from the start and keeping up with market standard is commendable.

Related Posts

Hi Mindtree Minds, I have an offer from Mindtree
CTC= 22LPA
Years of Experience:6.8
Tech: React Js
Current CTC:15.5 ( Fixed) + 10% bonus
Today is the last day to accept the offer, I am not sure whether I should accept the offer, as My appraisal in current organization is due, results will be out in this month, so I am assuming my ctc here will be around 19 LPA


So will it be a right move to move on?

like

I am currently an internal Recruiter (not senior level) and was recently contacted about an internal Senior Talent Consultant position for a similar sized company . The job description seems similar to the role I have now, with the addition of some additional training and mentoring duties.
Does anyone have any experience with this title? How does it differ from being a Recruiter?

like

I’m planning to leave shortly after making senior into a finance related role. I don’t plan on getting my CPA before leaving. How do you go about answering CPA progress related questions during counselor feedback review meetings?

like

Thoughts on the comp adjustment announcement?

funny

My yoe is 1.5 years. Tech stack is NodeJs, Aws, PostgreSQL. I am currently negotiating with Verizon. They are ready to offer 9.35 LPA with base salary as 8.5 LPA. Is this a good offer or should I negotiate a bit more. My current CTC is 3 LPA though. It's a bit tough negotiating with my current CTC. Any advices??
Thanks.

like

Hi tribe, how is the WLB in Tiger Analytics? How is the company culture, growth and learning? And is the salary paid on time? Tiger Analytics

like

How long to wait after getting a referral? Referrer told me to expect a few days and i’ll get a phone call, but i’ve heard nothing for almost two weeks. he said it’s out of his hands now and I don’t want to bother him

like

Is anyone working somewhere with a hiring freeze right now? I started this job about 6 months ago and I'm worried I'll be the first one out now that they're officially pausing. Should I be looking for another job, and how much will this affect my resume if I get laid off?

like

Hi everyone. Hope everyone is enjoying their audit/tax season. I’m going into my 4th year as an audit partner. Let’s say the firm is in the top 5-10 range. Comp is $365k (draw plus distributions). Haven’t had comp discussions this year, but historically, it’s been 50-60k increases YOY. I’m sure this is under Big 4 salary levels, but for any National accounting firm partners, wanted to get thoughts. Thanks!

likehelpful

Hello I was wondering if any admin assistants have gotten an inflation raise? At the next staff meeting I was going to ask for an inflation raise but I wanted to ask around before I did. Also if so how much was the raise and what not? Thank you in advance!

like

Would it be a bad look if I just went ahead and applied for a position in a completely different department without telling my manager?

like

I am about to join Amazon as a Frontend Engineer in a week and both my recruiter and hiring manager told me about a hiring freeze across teams. Is there anyone from Amazon hiring for a Frontend Engineer in his/her team?

Please spread the word, it would be extremely helpful for me. 🙏🏻

like

How often should a PI attorney get a raise on base salary if also getting percentage of cases resolved? Would you ask after one year of employment on the anniversary? Wait until end of calendar year? Assume the attorney is already happy with the total compensation as it compares to market.

like

Hey folks, anybody willing to refer me for consulting position at MBB, Kearney, OW, EYP, S&.

I have more than 2 years of experience in market research firm and have worked in a startup in UK and Germany.

I had passed the CV screening at Bain, LEK and S& London offices last year. I will share the SS for credibility :)

I am happy to have quick chat.

like

Has anybody had success pivoting off the bench into a non-managerial role?

like

Joining bonus
What is DCA incentive, can anybidy explain?
I heard TCS can decrease ur salary, how does mechanism work? And what components can be reduced?

like

To the post below- it is quiet, so I’ll bite!
Does anyone know about associate compensation at the regional Atlantic Canada firms? The the big ones have all been posting job ads for associates in the 3-5 year range. Any insight on salary and billable targets?

Recruiter contacted me about a Snr. Director level role. What’s the interview process look like at this level and what can I expect in TC?

like

Hi All, looking for Scrum Master referral. YOE: 10, BFSI, Location : Bangalore . thanks !

like

Looking to exit now after 1.5 years of working, currently a senior business analyst. What are typical exits for someone prioritizing work life balance?

like

More Posts

Which are the top consulting firms in UK to have great mentorship, learning and development as an entry level business/data analyst

like

Anybody here who are happy to help aws beginner... I m having 6 years exp in other tech... Bt need to work on aws app synch and lmbda resolver... Anyone who can help on that.. I need a basic aws app synch api which with lmbda resolver and lmbda as datasource ... Just very basic setup I m doing getting authentication error... Anybody who has knowledge please help me... May be I can help u in future.. Thanks

like

What’s the equivalent of EY SAT group at other firms.

like

Does Goldman Sachs renegotiate with an competing offer once they release the offer letter.
Goldman Sachs

like

Anyone know any influencers or websites that has good recipes for woman with gestational diabetes?

like

does lightening your hair help with how you are treated professionally and also personally-in the united states or maybe even europe. anyone notice a difference ?

likefunny

What’s your opinion on LovEvery? Marketing ploy or actually well designed? Very tempted to get the play gym, but also feel a little silly spending $140 on something you can get for half the price!

Is anyone free to hangout this week 🤗

like

I’ve been dabbling with the idea of getting into copywriting as something to soon the side but I have no experience doing it. What steps should I take (books to read, gigs to start with or pursue, etc) if I want to go from $0 and next to ) experience to $40k or so a year?

Right now I’m currently unemployed and taking a break from my fine art stuff to try to get back into tech sales, but I was looking to expand my skill set and also generate extra money at the same time.

like

Starting a new job next week! It’s a completely new position for me and within a new company as well. I’m feeling very nervous, any advice?

like

Hey guys, can someone plz refer me to Randstad? Randstad Randstad Offshore Services

Before you muster up the courage to run facebook ads to generate more leads as a realtor, figure out who is your ideal client. I mean really really think. Do you know what they’re eating? Do you know if they’re a fan of binge watching tiny home videos? Where do they currently live?

like
like

Is anyone else following this Twitter disaster? It is so good but I love the special call-out Eli Lilly (sorry to anyone who might work there or be invested) received for jacking up the cost of insulin. I know it won't change anything but it is nice that people are trying to hold Eli Lilly accountable.

like

Anyone transition from consulting in Tech/IT into medical school? I'm in my early twenties and studied pre-med and Engineering. Medicine is my passion, though.

Anyone have a suggestion for a nice bracelet or ring for a college graduate gift (up to $500)? Thank you in advance! :)

like

Need help to choose from @IBM, @Capgemini, @Hcl Technologies, @Mindtree and @Cognizant for Kolkata location. My yoe 10.7 and skill Java SpringBoot Microservices

like

Out of state for v-day. Bf is in grad school and super stressed, and I wanna do something for him but I need ideas!

like

Looking to move to Manhattan, anyone have suggestions on good neighborhood with public schools?

Additional Posts in Salary Slabs - Consulting

Is birlasoft a good company to join for Java developers

like

Hello Sharks,

Can someone assist me with review of ALJ (Abdul Latif Jameel) company?
I am sure not many people know about this company but in case any of you have some info, please let me know.

All help appreciated!

like

Larsen & Toubro Infotech Hi all, What is the market average pay for 2 YOE Oracle EPM Consultant - Technical??Oracle Larsen & Toubro Infotech Birlasoft Deloitte KPMG Evosys

like

why wipro is struglling to give 20 lpa fixed for Band B3 for 8 years experiance. if that is the case i will suggest Wipro to hire someone who is having 3,4 years of experiance.

worst experiance with wipro. wasting candidates time.

Tata Consultancy Deloitte EY Accenture Accenture Cognizant

like
like

Hi, Anybody from Uber, Swiggy and Hotstar willing to provide a referral ? Uber Swiggy Hotstar

like

Need 11 likes to enable DM
Kindly help

like

What is the salary band going on for people having 5 YoE in Analytics & Consulting domain in Gurgaon?

like
like

Fishes, I have offer from below companies for almost same package. Please suggest me which one to join. 1.Nagarro 2.GlobalLogic 3.Netcracker 4.Harman Connected Services 5.KPMG India

like

Did Saxo Bank in Gurgaon offered 21 LPA to fresher Business Analyst MBA in 2021. Saxo Bank? What is the break-up of 21 LPA?

like

Hello Guys, Please help me on deciding the below offer based on WLB and job security.
8.5 yrs exp in .net and azure.
LWD : 29th July .
Offer-1: Allpay : 32lpa(fixed) + 50k JB
Offer-2: Teksystem (client Schneider Electric ) : 28 Lpa (fixed)
Offer-3: Granicus: 28 Lpa (fixed)+1.5Lpa(variable).
All office location is bangalore and all offering hybrid work model for now.

Please suggest. Thank you.

like

Hey guys,

Has anyone offer of
EXL Service, they have something practice premium (pp) in their CTC part.
Suppose if total fixed CTC is x then pp is almost 0.25x, 0.75x is rest your base CTC, pf and gratuity all deduction will happen from 0.75x. but the main con of this pp is your next cycle appraisal will happen on 0.75x. This is something I haven't seen with any other companies. Can anyone tell here if knows and understands it better, what are other benefits and cons are there with this CTC str

like

Hi Fishes,

I need your advise on salary to demand for next company. I know i am currently working on very low salary as per my experience.
So please suggest to bring my CTC to industry standard.

Tech Stack: Network Engineer
YOE: 7 years
Current CTC: 9 LPA

like