Market Salary Range Inquiry
1) Please let me know what the market salary range is for Marketing Managers with 5+ years of experience and Senior Marketing Managers with 10+ years of experience. Our team members conduct marketing activities across countries and deal with international clients, but they are working from Chennai.
2) Are there any specific websites that can help us find the market salary scales for all categories in a software company? I tried Glassdoor but didn’t get much information from it. Please suggest.
3) What should be their annual appraisal hike percentage if they are good performers?
Waiting for your valuable inputs.
Thank you.
From India, Chennai
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21) Please let me know what the market salary range is for Marketing Managers with 5+ years of experience and Senior Marketing Managers with 10+ years of experience. Our team members conduct marketing activities across countries and deal with international clients, but they are working from Chennai.
2) Are there any specific websites that can help us find the market salary scales for all categories in a software company? I tried Glassdoor but didn’t get much information from it. Please suggest.
3) What should be their annual appraisal hike percentage if they are good performers?
Waiting for your valuable inputs.
Thank you.
From India, Chennai
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Hi Mekala, Its not like you go to one website and get the required data. I believe you need 'compensation bench-marking'. you can take services of those company who do Comp. Bench marking. regards PD
From India, Pune
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From India, Pune
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Hi Mekala, here is my point-wise reply to your queries:
1) Why reinvent the wheel?
There is no need to go for a Salary Benchmarking Exercise as I will inform you about free sources to get the required data (however, this will be an approximate range of ±10%). The results will be available through multiple sources, as salary benchmarking data typically needs five broad parameters: Industry, Region, Experience, Position, and Level. Before I inbox you privately (not publicly), do let me know if your company is too small or if you just want to get an idea of a particular position only.
2) NO
3) Annual Appraisal Hike
If your company is doing well, support your top management if they are going ahead with increments as per industry practice. However, it should not be below the inflation rate for that fiscal year.
Regards.
From India, New Delhi
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1) Why reinvent the wheel?
There is no need to go for a Salary Benchmarking Exercise as I will inform you about free sources to get the required data (however, this will be an approximate range of ±10%). The results will be available through multiple sources, as salary benchmarking data typically needs five broad parameters: Industry, Region, Experience, Position, and Level. Before I inbox you privately (not publicly), do let me know if your company is too small or if you just want to get an idea of a particular position only.
2) NO
3) Annual Appraisal Hike
If your company is doing well, support your top management if they are going ahead with increments as per industry practice. However, it should not be below the inflation rate for that fiscal year.
Regards.
From India, New Delhi
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2008 IT Salary Report - US MARKET.pdf
Market Salary Ranges.xls
Salary hike projection.doc