facebookWhat is a reasonable salary merit increment to achieve per year? - Seedly

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Anonymous

10 Jul 2023

Career

What is a reasonable salary merit increment to achieve per year?

Is 5% a bare minimum or one should aim higher?

Discussion (6)

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Billy

11 Jul 2023

Development & Acquisitions Manager at Real Estate Private Equity

It's honestly not within your control. I think its something you gotta experience when you are in the company / seek to understand from other employees. Individual companies have different increment structures and considerations.

Go in with an increment expectation based on what you deliver to the company - that's how you negotiate rather than saying "The industry average increment is 5%, why did I only get 3%?" Increments needs to be justified to one's performance, deliverables and contributions.

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Tony

11 Jul 2023

Computer Engineering at Nanyang Technological university

2-3% mostly, and can be lower depends on economy situation as well.

  • Big companies usually 2 - 3%.
  • i think only govt sector can be more than 5%, they anyhow increase...

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