YOE 11.5
Current CTC - 25 fixed, ~3 lakh variable
Tech stack: java, spring boot, hibernate, JPA, oracle, Kubernetes backend developer
Been with my current firm for 5.5 years, and now I want to switch. I am getting calls for interviews from firms like PayPal, Paytm, HCL, NoBroker, etc. How much % hike should I ask for, looking at the current trend in the market? 40 LPA? Too much, less? How do I justify when HR says why so much? Please help.

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