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Hi Guys...
I have a total of 5.5 years of experience with current CTC as 11.5 lpa.
I have a offer from Infosys of 17 lpa
But my company wants to retain me and they are giving me an opportunity for Canada onsite in return of retention(no raise or bonus)
Please suggest me, if i should take the onsite opportunity or keep looking for counter on my current offer.
I have 70 days of Notice Period left.
Tech stack- python/ AWS/ data engineeringDeloitte
BNY Mellon technology specific questions -
#0 How much max salary for grade K ?
#1 How long does it take to promote in bny from grade K to L ?
#2 Any specific criteria for promotion? Expr , certification etc...?
#3 How much % hike to expect post promotion ?
Skills- Java, microservices,react, cloud
HSBC India JPMorgan Chase BNY Mellon | Pershing Citi BNY Mellon UBS Citi Allstate BNY Mellon | Pershing BNY Mellon Corporation HSBC India Citi
Thoughts? Are we also getting 9% raise?

Anyone know the raise amounts for BCG yet?
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It’s ridiculous. At the point where you get another job while still employed. In my 20 year career, the only time I ever got a substantial raise or a promotion was when I left (with a couple small exceptions). When will companies realize it’s so much more expensive to deal with hiring and turnover??
same time they realize it’s more economical to keep existing clients happy rather than spin thru R&D to get the next new client while lamenting that existing unhappy clients leave
Rule of thumb: 2 to 3 years - move up or move out. Stay in job search mode. Keep adding skills and credentials. Invest in yourself. Don't take the inflationary wage cut year after year.
Good luck finding another job you are lucky you got a raise …it a nightmare all around
ooph best of luck
Gone are the days where employees got a cost of living raise followed by a performance raise. I haven't got those since 2002. Back then my total raise ranged between 5% and 15%.
As a rule of thumb, I now change jobs every 3 years and ask for a 20% raise above what I am currently getting, if I am not getting appropriate raises for my current work.
You’re getting raises that’s great, I had 0% this year despite meets expectations.
Meets expectations rarely merits a raise. Shoot for exceeds
I would say shop around a bit and if you have any unique skills recruiters will find you, if you find a company that appreciates your contributions they'll reward you, I was actively recruited by the company I work for now and it's been the best move of my life, in 4 years I've gotten 8-15% base increases every year and 10-20% bonuses every year tied to company performance, good companies take care of their talent when they find it.
Lucky you, a lot of places are giving 0% these days
Start looking for a new job, and make sure your supervisor knows. When you are working your notice, your boss may give you a rise in line with your new job. If you want to stay, accept it; if not, go
Bear in mind your present employer has been undervaluing its workforce for years, and this may happen again in the future.
I got 0% this year …
I asked for a promotion and got fired 3 months later - well, laid off.
thats awful im sad to hear it!
What do you do if you've stayed in one place 15+ years and the company no longer gives you a raise ?
Start a fire?
Sounds weird that they don't pay attention to merit, unless it's unionized.
Most companies I'm familiar with have a basic annual raise assigned to your annual review score. Usual seems to be 2 - 4% depending on how high you're rated. But managers are always able to make merit recommendations on top of them, and there's usually bonuses tied to it if you get highest ratings.
Am searching for job am based on Nigeria am available to relocate
Once you've actually received a rock solid better job offer
This unfortunately is today’s job culture. My wife has been with a solid cosmetics company for 4 years. First few years 7-10% bonus/raises. Last year 2 % this year Zero. So, hindsight is be rewarded and happy you have a job. Excel at your job it will get noticed.
The biggest bumps are always when you leave. Not even when you are promoted. Always when you leave. And don't forget that you can leave and boomerang later at a higher level with higher pay. Good luck.
That's a normal baseline. If you want more prove you are worth more or go somewhere else. If I don't get a promotion of 3 years of obviously good contribution I leave for some company that appreciates what I offer. I am self aware. I know when I am not producing good work at a role and its usually because it turned out to be a terrible fit for what I bring to the table.
If you have started questioning if the annual merit raises are worth the time and effort, then it's time to start for a new role.
Many already look to change roles every 2-3 years to get that salary up higher, faster. If you are not changing roles every 3 years, then it's about time to look elsewhere.