How much of a hike can we expect after a promotion from L2 to L3?

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My friend told he got 1% after 5 ratings. So don’t be so optimistic. He resigned after frustration highest attrition rate is in Tredence

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10% promotion hike and 12% normal year hike if you got 5 rating

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Only 10% as promotional hike?

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Just 12%

We have some l3 in my project on 14.5 lpa after promotion and yearly hike

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Does Tredence Inc. provides hike twice a year?

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