I've 10+ years of experience and current CTC is around 35LPA. I'm Cybersecurity IAM domain consultant and expecting 35% of hike on switch i.e. 48LPA. But, got rejection from KPMG, Thoughtworks, PayPal and few more.

Looking at current trends people are getting 100% of hike but almost 10 companies(HR) told me that they can't offer me 48LPA...

Am I setting right expectations?🤔

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Posting as :
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You already know the answer with your hard earned experience. Thanks for informing us too :)

likehelpful

Thats another correct observation, I feel. The Great Resignation is for those who really make their hands dirty in the system. Those actually are in 5 to 25 bracket. Above this, in general trend, are those who are people manager / project managers etc who dont have a lot of additional options in this era.

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Expectation is the root cause of all sorrow 😝

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You already have high CTC. People with lower CTCs get 100+% hikes.

likesmart

Faced similar thing.. I was at 27 and maximum offer was for 38 with yoe 10.. interviews were cracked but no one willing to breach that barrier

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Seems like Jr. Roles are having party this year. Mid Senior/Seniors aren't in the same boat ⛵.


Can someone confirm if they have different experience? or it is general trend?

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It's the general trend although there will always be exceptions

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May I know at which point you got rejected?
During the initial HR call for interview
or during technical rounds
or during final HR interview ?

KPMG and one of the Saudi based companies conveyed it after clearing technical round.

But, 8 other companies HR in first discussion only told that they are not willing to proceed with my profile since it doesn't fit into their salary band including Thoughtworks and PayPal

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