Made a Salary Blunder During Hiring: How Can I Fix My Underquoted CTC?

A Bizarre Salary Quoting Mistake

This is going to sound bizarre and then plain stupid, but that's how it has happened.

In January 2017, I left my job where I worked for only 6 months and took a year break due to health issues. Then in May 2018, I joined a company. For some stupid reason, for which I have no explanation, I quoted the CTC of my second-to-last company, which was 3 lakh less than what I was getting in my last company. I accepted the offer, completely forgetting that my last drawn CTC was 3 lakh more.

I know it sounds bizarre, a blunder of the highest order, but that's how it is. After 2 months, I realized the mistake I made and spoke to HR about it. They said they can't do anything immediately but will address it during the half-yearly appraisal. However, they mentioned that the company policy does not allow them to make corrections.

Seeking Advice on Salary Correction

I understand it's my undoing, but I am a good resource and I believe I should receive what I deserve as per industry standards. If they were to hire another resource of my experience, they would have to pay a higher amount, so why not pay me the same amount?

Please help me with what can be done in this matter.

In this situation, it's crucial to approach the matter professionally and seek a resolution that aligns with industry standards and fairness. Here are steps you can consider:

1. Document Everything: Keep a record of all communication regarding this matter, including emails, meeting notes, and any relevant policies or documents.

2. Research Industry Standards: Gather data on the typical salary range for your position and experience in Pune, India. This information will be valuable in supporting your case.

3. Formally Request a Review: Draft a formal letter to HR requesting a review of your salary to align it with industry standards and your experience level. Clearly outline your case, mentioning your contributions to the company and the market rate for your role.

4. Seek Support: If possible, seek support from a mentor, senior colleague, or an HR consultant who can provide guidance or advocate on your behalf.

5. Prepare for Discussion: Be prepared to discuss your case during the appraisal period. Present your points logically and professionally, emphasizing how your skills and experience warrant a salary adjustment.

6. Consider Alternatives: If the company remains firm on their policy, explore other options such as additional benefits, performance bonuses, or career development opportunities that can compensate for the salary gap.

7. Evaluate Future Options: If the company is unable to address your concerns, consider your long-term career goals and whether staying with an employer that undervalues your contributions aligns with your objectives.

Remember to maintain a positive and constructive approach throughout this process, focusing on finding a mutually beneficial solution.