Hi Fishes, I have recently joined Ericsson. What are yearly hikes and benefits I can expect? Please share your valuable feedback. Thanks in advance.@Ericsson

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Sorry If I may disappoint you,. I have worked in Ericsson for 8 long years. I know it inside out. The annual increment is in the range of 9-10 percent for majority of people who have ratings as Meet Expectations. It is a heavily Manager centric culture where your Manager has say in almost everything.
The benefits I could list is that it has a big brand name which looks good on resume

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What would be yearly hike in Ericsson.. if it is 5% , does it really mean 1.5 lakh increase for a guy with 30 lpa ctc...

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Hello Future Sharks,

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