Guys, need some suggestion please
Is it really TRUE that, a person (specifically frm IT) should hv 2x pkg against his/her YoE
e.g IT person has 8 YoE then ideally that person should hv approx 16 LPA??
Is above true and is TRUE for any skill, Technology or is it applicable to all IT person?

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3x is the new normal now

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Agree with Deloitte1. Few years back 15-16LPA CTC with 7-8 YOE was not very common. But now even 20-25+ LPA is very common. It's a good time to switch your company. There is bulk hiring going on for almost every skill in IT right now.

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My friend is into networking and he is getting 2x currently and aslo got an offer which is 3x. Others can also throw some light. Plus with current market situation.. it’s more easy now to get 2x or 3x bcz of the market correction happening.

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It all depends on the skillset.

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Ok, if its a new normal or may be because of bulk hiring this 2x, 3x is new trend. But another question was was der - Is it technology specific or anyone can raise their ctc to 2x,3x?

What’s your skill set?

Exactly, we cannot generalize the parameter. I am in technology audit space, which is not core tech, still am getting yoe*6

Now that I have read this and look back
This makes no sense
But yes I have recieved atleast a 2lac increment each year so the multiplier can be applied there

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