Hi fishes, I am working in Business Consulting at Staff 3 level after my MBA.Currently, I am getting 10.08LPA fixed. When I talk with my friends and colleagues from other Big4, I feel I am being underpaid. Should I be looking for a switch outside or wait till October 2022 for a hike?

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Yoe and which college?

See as per Indian standards with 2yrs workexp the companies are not ready to give more than 11-12 P.A.

The only way is to switch to increase ctc.

I am also from tier 2 college and surely there are outliers - who switched 3/4 times in span of 3.5 years they are able to reach 20-24lpa package otherwise for 3-4 yrs exp most of good performers are at 15-16LPA and average ones are at 11-12 LPA.

So you are at good spot.
If you want ..you may start looking out but you should be able to justify your ask.

If quality of work is not good and you are not learning then leave asap

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