Salary Hikes in IT: How Are They Calculated and What Can You Expect?

P Sarita Rao
Hi fellow HR professionals, how is a salary hike usually calculated in IT companies these days? What is the hike percentage? Is a hike calculated on CTC or gross salary? What percentage of variable pay is usually given?

Thanks,
Sarita
aa_somani
Hello Sarita
1. How is a Salary hike usually calculated in the IT companies these days?
2. What is the hike % ?


It's not universal policy this vary company to company because all depends upon progress of company, its profitability. Company will not give any hike if company in loss or profitability of company decreases.


3. Is a hike calculated on CTC or on gross?
This also vary company to company…

4. What % of variable pay is usually given?
Nothing is fixed…

Thanks
Atul Somani
Manager Accounts

If you are knowledgeable about any fact, resource or experience related to this topic - please add your views. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone. Join To Contribute