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100 % hike is possible now-a-days?

jacob deiter
Ranch Hand

Joined: Apr 02, 2008
Posts: 576
Hi

I Have 6+ Yrs exp in Java/JEE and working in software service company in India. I have attended few interviews and successfully finished all rounds, but I expect 100% hike in salary with the new employer ,but the they are not okay for this percentage, they okay up to 50% Hike.

I have several questions

1) 100 % hike is possible now-a-days?
2) How to prepare myself to achieve 100% Hike?
3) What type of companies provides 100% Hike?
Henry Wong
author
Sheriff

Joined: Sep 28, 2004
Posts: 18543
    
  40


I think you should be less worried about the hike, than the salary itself. Sure, if you were really underpaid, and 100% puts you at par, then yes, it is possible.

As a side note, you really don't want to be overpaid. It causes animosity, sometimes unrealistic expections, and eventually disappointment and getting pushed aside.

Henry


Books: Java Threads, 3rd Edition, Jini in a Nutshell, and Java Gems (contributor)
Seetharaman Venkatasamy
Ranch Hand

Joined: Jan 28, 2008
Posts: 5575

Henry Wong wrote:
Sure, if you were really underpaid, and 100% puts you at par, then yes, it is possible.


I agree with Henry
Arjun Karthick
Ranch Hand

Joined: Jan 04, 2007
Posts: 77
I got 100% hike when I moved from service based company to product based company.

Every company has a salary range for a particular position which depends on the team's avg salary, company's avg salary and other factors. To me it doesn't make sense to expect 100% hike. Instead have a salary expectation(in terms of numbers) and then find companies that would pay your expected salary for your experience and position.



arun r mehta
Ranch Hand

Joined: Mar 08, 2010
Posts: 38
Yes I do agree, do not expect a percentage raise...instead set the figure in your mind and quote it in interview.

Infact I got 120% hike for my next job from my current pay as my current pay was too low as compared to industry standards ...
Also I negotiated based on per month on hand pay rather than cost to company, most of the HR guys get confused if you start negotiating in terms of on hand pay.

-arun


Kj Reddy
Ranch Hand

Joined: Sep 20, 2003
Posts: 1704
Yes it is possible if you are underpaid but there is no guarantee that you will get 100% hike as every company want to buy your skills as cheaper as possible. There might be some companies which will pay you as per their company standards and you may get 100% hike.

I feel you should be happy with 50% hike if your current salary is not too low. It might be time consuming and difficult to find an opportunity with 100% hike. But again its very generic statement and things might change with your current salary, skills etc.,

Good luck
 
 
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