tech salary yearly increment percentage

[singlebuyhdb]

hi all,

how much is the average salary increment percentage for SWE / SDE ?

also curious about promotion percentage. at the start i got like 25% but after 3 promotions i'm seeing 10% or less... why ? is this normal or i need to job hop ?

how does SWE / SDE promotions scale like ?

entry to mid = 25%?
mid to senior = 20%?
senior to lead = 15%?

is it like that ? or is it based on base pay ? if too high then percentage lower ?

mind to share your pay every yr since graduated, can indicate promotion as well?

Originally Posted by singlebuyhdb

hi all,

how much is the average salary increment percentage for SWE / SDE ?

also curious about promotion percentage. at the start i got like 25% but after 3 promotions i'm seeing 10% or less... why ? is this normal or i need to job hop ?

how does SWE / SDE promotions scale like ?

entry to mid = 25%?
mid to senior = 20%?
senior to lead = 15%?

is it like that ? or is it based on base pay ? if too high then percentage lower ?

You are saying high you go lower % increment ?

[adriangohjw]

Originally Posted by singlebuyhdb

hi all,

how much is the average salary increment percentage for SWE / SDE ?

also curious about promotion percentage. at the start i got like 25% but after 3 promotions i'm seeing 10% or less... why ? is this normal or i need to job hop ?

how does SWE / SDE promotions scale like ?

entry to mid = 25%?
mid to senior = 20%?
senior to lead = 15%?

is it like that ? or is it based on base pay ? if too high then percentage lower ?

I depends heavily on the type of company (industry etc.) and how well you perform relatively to your peers.

For example, with the same skillset, one can probably command a higher salary at a banking (DBS, JP Morgan ...) or high growth tech company (Shopee, Bytedance...), compared to a consultancy firm or young startup.

Also, according to https://nodeflair.com/salaries/report-2022, the salary for lead engineers varies from $6500 to $15950 at the 10th and 90th percentile respectively. So it's no surprising, and also difficult to say if you are under/overpay by looking at a single value.

But you are also right that job hopping is proven to be a rather effective way to get a salary hike - just don't do it too often until it becomes a red flag in your resume!

[singlebuyhdb]

Originally Posted by Unregistered

You are saying high you go lower % increment ?

yes is it normal ?

i thought promo % have minimum cap . abit stupid that i got more work to do but get less promo % as i progress lol

i also see other people on this forum say they get 20-30% promo every 2 year , which means in 10 years they will have over 100% pay raise from start

Originally Posted by adriangohjw

I depends heavily on the type of company (industry etc.) and how well you perform relatively to your peers.

For example, with the same skillset, one can probably command a higher salary at a banking (DBS, JP Morgan ...) or high growth tech company (Shopee, Bytedance...), compared to a consultancy firm or young startup.

Also, according to https://nodeflair.com/salaries/report-2022, the salary for lead engineers varies from $6500 to $15950 at the 10th and 90th percentile respectively. So it's no surprising, and also difficult to say if you are under/overpay by looking at a single value.

But you are also right that job hopping is proven to be a rather effective way to get a salary hike - just don't do it too often until it becomes a red flag in your resume!

sorry bro i think there is misunderstanding

im aware of the TC and pay range

but i dont know whats the average salary increment % for tech , or for promotions . im curious about the inflation salary raises every year , like whats the minimum % and max %?

i know it depends on company etc but just wondering whats the average

if you are sending your resumes and asking for X amt and no one replied, you know its way out of your league

maybe not relevant but just FYI, my friends working in tech telling me that recently the pay increment in their companies (not FAANG) are not as good as 2-3 years ago.

probably due to increase in ppl joining the industry ... and anyways heard they say actly a lot of the salary now are above market rate

[singlebuyhdb]

Originally Posted by Unregistered

if you are sending your resumes and asking for X amt and no one replied, you know its way out of your league

brother this makes 0 sense .

why would anyone send their resume and ask for pay immediately ? pay is discussed once offer is extended bro , not sure if u work in tech before or not

Originally Posted by Unregistered

maybe not relevant but just FYI, my friends working in tech telling me that recently the pay increment in their companies (not FAANG) are not as good as 2-3 years ago.

probably due to increase in ppl joining the industry ... and anyways heard they say actly a lot of the salary now are above market rate

thank u bro , this is what im looking for .

i just want to know any info about the pay increment changes . it seems like it dropped in the past few years , noticed it as well .

wondering if its worth to prep and job to get the higher market rate or stay put and enjoy security + good WLB

[adriangohjw]

Originally Posted by Unregistered

maybe not relevant but just FYI, my friends working in tech telling me that recently the pay increment in their companies (not FAANG) are not as good as 2-3 years ago.

probably due to increase in ppl joining the industry ... and anyways heard they say actly a lot of the salary now are above market rate

Yeah might be because we kinda already reached a very high starting salary, can't continue to expect 30% every year haha

Originally Posted by adriangohjw

Yeah might be because we kinda already reached a very high starting salary, can't continue to expect 30% every year haha

haha yes lah. nowadays i ask my tech friends just get out of uni 2-3 years too, alrdy they earning almost twice as much as an average bachelor degree holder. 7-8k is well above the national average and u dont even have to be the smartest of the crowd. Only those very highflying finance/law/medicine students can compete in terms of pay with much worse WLB

i jelly should choose my degree more wisely back then