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

In March your manager will tell you about rating and hike percentage. 21st April your increment letter will be reflected and 25th you will get new salary.

likefunny

No. I was explaining anual hike.

Would pay in April. Avg 5%

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ASR totally depends on your reporting manager and your relationship with him.. During FEB end he will give you a rating as one of the 3 categories and incriment depends on this rating :
1. below expectation (0-5%)
2. Meeting expectation (5-10%) (most people get this)
3. Exceeded Expectations (10-20%)

All percentages are relative and actuals also depend on your team and how much budget they are allocated.
And ASR salary will be applicable wef 1st April.

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Single digits..

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Dropping a comment to follow the post. It's hard to get info on Ericsson here.

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Very much true. No one from Ericsson seems to be on the site or active

forget about hike in ericsson……max 5-10% and most of the people you’ll meet here will be underpaid or manager boot lickers

smart

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Joined Ericsson a year ago. Learned new things but not enough. Thinking of leaving it and join some other org. What do you think? I wanted some on-site opportunities but so far nothing.
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