Founder Grills Firms, Urges Employees To Switch: Appraisals Are Joke!

Various published reports say the average salary increase in Indian companies is 9.6%.

Is it worth the hard work?

Thinking about switching jobs to reach a double-figure hike? 

Akshay Saini, a user on X, who also claims to own a frontend ed-tech startup, NamasteDev, lashed out at Indian companies yesterday for not rewarding employees with considerable pay raises.

HARD TRUTH : Switching jobs is the only way to reach high salaries.

In most Indian companies, the internal appraisals is a joke. Even above average engineers hardly get a double digit hike %

If you're underpaid, don't overthink, just Switch! 🤷‍♂️

— Akshay Saini (@akshaymarch7) May 2, 2024

"In most Indian companies, the internal appraisals are a joke. Even above average engineers hardly get a double digit hike %": Akshay wrote on X.

He suggested a solution, which, in his eyes, is the only option to reach high salaries.

"Switching jobs is the only way to reach high salaries. If you're underpaid, don't overthink, just Switch!": Akshay wrote further.

He fried mainstream Indian firms with an explanation of his "HARD TRUTHS" in another tweet:

"The HARD TRUTH is, 

if you start your career with a Low Salary, 

You will have to switch jobs to get a high salary.

(as a Software Engineer)

The HARD TRUTH is, 

Internal appraisals are very low. 

The internal promotion process is broken. 

(in most companies)

low_appraisal% of low_salary = new_low_salary 

If you start with a low salary, 

switching jobs gets you much more salary hikes! 

That's the reason you will see a lot of highly paid software engineers (who started from a low salary) must have switched jobs frequently. 

So,

If you're stuck in a low paying job, 

and have tried to get a raise or a promotion and FAILED,

Consider switching your job!

SALARY is as important as GOOD WORK

Lastly, remember, 

`If you're underpaid, it's YOUR fault.`

Cheers,

Akshay Saini 

DISCLAIMER: 

Only switch your job if you really are underpaid. Don't be GREEDY.

PS. `Greed has no cure` 🙂": Akshay explained.

Users on X resonated with Akshay and shared their thoughts and experiences:

One user wrote: "True. I switched jobs in 6 months. Reached 6.5LPA. Now, switching again after 45 days. Expecting 9.6LPA. God has been gracious."

Another user wrote: "Always keep upgrading yourself with your domain expertise, spending personal time in reading etc. know your value in company and salary that u deserve...If a current company is not ready to pay it, others will pay…"