In Some companies they have fixed budget but sometimes its big Joke.
Ex: if YOE is 5 & CCTC is 7LPA then they have budget of Max 10LPA.
But for same YOE with 4LPA they have change it to 7LPA for same job.
If company have budget and if candidate is talented they should hire them with best market standands. Some companies don't set any salary bar for right candidate.
If person with 3YOE have 5LPA and he have the capabilities to get 15LPA them pay candidate right.

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They have vague term "market standards" to restrict the hike. Max by 50% over and above current ctc

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But if candidate have Counter offer then they are ready to give above their market standards also 😂
Ex. If a person have YOE is 5 and CCTC is 10LPA they restrict him/her at 14LPA but if he got counter offer of 20LPA then at his last 15days of Notice period Previous employer is ready for 24LPA also

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