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Discussing only the percentage without knowing the actual salary doesn’t really make sense. For example, a 10% increase on 15 lakhs is still less than a 7% increase on 40 lakhs. What really matters is the base salary and the actual increment amount, not just the percentage.
So I’d suggest that we avoid comparing only the percentage numbers.
8.5%
What is the expected percentage hike for promotion?
I have got 10%
How much it would be in monetary perspective?
Today most of employees received revised compansation letter I received 7.5% manager told this time this is average hike given to all employees if above 10% given than need to give justification to management.
I had received last week with 7.5% hike
7.7% on 27.5
7.7% hike on 27.5lpa ( fixed )