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So we all know what the current market situation is right now. Like all, my company also used the same market excuse to give 0 hikes to 80% of staff in last appraisal cycle which happened shortly after layoffs. And to top that, they tried to soothe us by saying at least you are not laid off. So obviously, no one protested.
Now when the next appraisal cycle approached, everyone was expecting something and management also knew that they have to give something or else people are not gonna stay much longer. 2-3 months before the cycle, they started telling that no one would get 0 hike this time, it will be better than last time.
When the numbers came, it was less than 5%. I mean you can expect these numbers from a huge service based MNC but not from a budding product based startup. And, here's the best part, the manager didn't even bother to setup calls to tell the numbers himself, we got to know via a fucking email.
I am done, I am gonna jump ship the first chance I get.

Comments
  • 1
    better start lookig arround, you know not all companies are in bad shape. I'm still wating an interview from 1, and if they don't call this days ( they promissed to call me yesterday even if they don't need new ppl, so I know to start the big hunt... ) I'll start the 'spam' process. It's a fairly good place ( the current one ), it's just with the current inflation I barely make it to the next paycheck...I don't like that, and I'm there for a less than year, or just about, so I can't start screaming 'show me the money'...
  • 3
    It makes me throw hands at everyone when I hear that I should be thankful I am not laid off or I have gotten my salary consistently on time.

    These are just pathetic.
  • 3
    OMG, I will have an annual salary assessment next week. This is the first time since I worked in this company.

    Getting 0-5% is what I dread the most.

    Due to other reasons, I also have to wait at least 2y before I can jump ship.

    FML... 😩
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