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 ?

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Posting as :
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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.

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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

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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.

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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

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@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.

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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.

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