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Salary Discussions, Hike & Promotions

2mo (edited)

scoobydew

works at

NTT Data

Need Advice on CTC Negotiation

Hi All, I have 14 years of work experience with 10+ years in cloud platforms. I'm a Solution Architect and currently getting paid 42 LPA (includes 10% variable pay) and it's been 3 years since I joined NTT. Hike in the last 2 years hovered around 3-4%. I'm currently halfway through the interview process with Wipro, Accenture and a 5-year old Startup for Senior Solution Architect and Director roles. In every HR conversation, I have said anything around 52 - 56 LPA is good enough. What is a good number that I can close out with during salary discussion? HRs from both Wipro and Accenture said there'll be variable pay and the startup company HR said it's all fixed. Please share your thoughts and ideas. Update: I have cleared Wipro and submitted my payslips and hike letters a week ago. HR hasn't comeback for salary discussion yet. Startup too, I have cleared, but dropped it because the expectation is to work from 4 PM to 1 AM focusing on US. Accenture, I'm waiting for the final round.

Comments

Popularity

a technical architect

1mo

Hey, i need your advise, can you DM? i am in same boat.

scoobydew

author

1mo

works at

NTT Data

[a technical architect](username) Sure. But how?

mrkakashi

1mo

works at

Gameskraft

At least 30% increment

blackvenom

1mo

works at

TCS

How to get into NTT data?

scoobydew

author

1mo

works at

NTT Data

[blackvenom](username) By applying through referrals, LinkedIn jobs and careers portal.

a product manager

2mo

be clear on performance bonus metrics, sometimes variable pay is hard to get.

scoobydew

author

2mo

works at

NTT Data

[a product manager](username) Agree. That's a valid point. Thanks!

lightbringer

1mo

works at

Cyient

What 42lpa, tax kitna dete ho?

scoobydew

author

1mo

works at

NTT Data

[lightbringer](username) 8.5 lakhs under the new tax regime for last year. 7.5 lakhs projected for this year as per revised new tax regime.

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a team lead

2mo

i’d ask for 55 - 60L and be ready to negotiate down a bit. don’t sell yourself short.

a team lead

2mo

user 2

14 saal ka experience hai toh 56 lpa bilkul banta hai. baki wipro or accenture me toh variable ka matlab hota hai kabhi milega, kabhi nahi

scoobydew

author

2mo

works at

NTT Data

[a team lead](username) Variable pay is the concern for me. I'm looking for at least 50L as fixed pay.

nerdyyy

2mo

An Analyst

try asking “What’s the best offer you can do?” and negotiate from there.

scoobydew

author

2mo

works at

NTT Data

[nerdyyy](username) Yeah. I have tried that before. Most HRs don't open up that easy about the range. So I usually go for anything between 30 to 50% hike depending on demand.

miraaj

1mo

works at

TCS

Try for product based instead of service.

scoobydew

author

1mo

works at

NTT Data

[miraaj](username) I'm trying so hard. But I'm getting recruiter calls only from service based companies. 😞

manishkrin

1mo

works at

Nokia

Just say expected salary as "As per market", Don't give numbers . Let them offer you something .. then start negotiations. When they create a position for you , its difficult for them to loose you for few lakhs. But this is applicable for product companies mostly. Service Companies can pay you that if you are hired by client directly and have unique skills.

finerobin

1mo

works at

Varun Beverages

Itna paisa tho hm 90 year bhi kaam kar le tho mil nai payega

capaciousdonut

1mo

works at

Honeywell Automation

U won't get anything from Accenture from ur variable pay.

chaprimunda

2mo

works at

LTIMindtree

NTT me itne saal nikal diye bina major hike ke aur ab Wipro aur Accenture se high hopes ... waha toh HR ke alag hi calculation chalti hai

scoobydew

author

2mo

works at

NTT Data

[misterjdpuri](username) I don't have much hope with both Wipro and Accenture. Both are cheap when it comes to CTC and Salary negotiations. The startup looks very promising.

sabkaabaap

2mo

currently not working

Dont settle for less than 55+ lpa bevause with your current ctc and exp this is well expected

scoobydew

author

2mo

works at

NTT Data

[arreeeebhaiiiiiiiii](username) Thanks for the advice. Yes, I too was thinking the same.

gyaandevta

2mo

works at

Accenture

if startup is flexible and fixed, that might give you better financial security.

scoobydew

author

2mo (edited)

works at

NTT Data

[gyaandevta](username) Financially startup seems the best option so far. My final round is in 4 days. The role is also 100% remote with flexible work timings. On the other hand with Wipro and Accenture, WFO for 3 days/week is mandatory.

thandichai

2mo

works at

KPMG India

aap 3 saal se 3–4% hike leke baithe ho ab 50+ L ka target rakh rahe ho… pehle hi switch karna chahiye tha na 🙄

scoobydew

author

2mo (edited)

works at

NTT Data

[thandichai](username) In October 2020, I left a product company after spending 5 years there. Then unfortunately I made 2 jumps in 16 months. 1. Left due to poor role and unclear responsibilities. 2. I left due to bad work culture and extreme pressure. 3. Finally I joined NTT in March 2022. So, for stability reasons, I'm decided to stay at NTT for 3 years and didn't care about hikes too.