My fixed salary is stagnant since 2022. What should I do?

[rainbow0216]

@pink318 Assuming you’re either in Meesho or Bigbasket here, correct me if I’m wrong. If you’re in Meesho, you’ll probably get a jump of 2-3x in stocks post IPO because that is the norm for asset light e-commerce cos. So do stay in the company because your esops will more than compensate whatever jump you get by changing companies. If you’re in Bigbasket, best case scenario, you’ll get a jump of 1x in esops post IPO because it is asset heavy model. Decide accordingly.

 

[mikewehn]

@pink318 A lot of people my fellow MBA peeps have told me the benchmark rate is 25%. If you get more than that then It’s worth a switch

 

[pink318]

@mikewehn 25% increment ??

 

[julesmarie]

@pink318 25% minimum if you switch companies, getting such hike in current environment in your own company is highly unlikely

 

[xmudpuddle]

@pink318 OP - the call you need to take is whether your current employer can meet your career and financial goals for the next 3 years. If not - then you need to start checking out for a new employer.

Switching jobs allows you to get a higher increment than you will get by continuing with your current employer.

 

[arkwright]

@pink318 FK?