Quote:
Originally Posted by NewRat
Hi all... fresh grad, gonna be joining the rat race in July.
Would just like to ask if anyone could share what's the average yearly salary increment % that people in lower level roles usually get at MNCs? What about for promotions (with added responsibilities)? How about moving to another company?
I know it's dependent on the industry, job role, company etc. but what's the norm?
I heard it's around 5-10% for yearly increment, 10-15% for job promotions, and 15-20% for a change of company. Is this accurate enough?
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I ever had an increment of more than 25% for promotion. It is more of a retention strategy by my company.