Hi All, with all the negative news of layoffs and decreasing profits, what annual hike and bonus percentage we can expect this year?
This is going to be my first hike so I will very much appreciate experienced folks here sharing their experiences.

P.S I joined in November 2022 and got a 5% hike this year for 2 months because my CTC was low and it was promised by hiring HR and which she committed verbally before I joined here.
So IMO, for above average performances 10-12% pa should be minimum.

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Bonus we can expect 100% this year and hikes in between 5-10% as usual.

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Thanks for your insights. Just wanted to know, if the package is low, we can expect more hike as a part of normalisation right?

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What is the hike for promotion? And what CTC can we expect for JL4? Also I heard that bonus for JL4 is 15% of CTC, is that true?

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Thanks for the info!

It depends on your reporting manager

Last year I got a 16% hike and my colleague got 6% (his CTC is more than mine) so i feel they do salary revisions during this year as well.

Good luck and you need to wait till March 3rd week 2024.

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