How much salary hike should I expect after 2 years of experience as a Software Developer?

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I have been working in an IT company as a Software Developer for 2 years. The first hike was good but not the second hike. I want to switch companies because I don't see any more growth for me here. I am not sure how much salary hike should I expect from the new job. Please advice.
Jan 30 in Career Counselling by Prem

edited May 13 by Omkar 1,798 views

5 answers to this question.

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Different companies provide different salary hikes. There are companies that offer 70-80% hike (or even 2x) when you switch and there are companies who offer less. Having 2 years of experience as a Software Developer, you should expect a minimum of 35% - 40% hike in salary when you switch. If you are getting offered less than 35%, it is not worth it. You might want to switch with lesser hike because you see no growth in the present company. Keeping that in mind, I would suggest you to at least expect 30% hike. 

answered Jan 30 by Umesh
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The Standard hike that a company provides is between 7-22% but this is not mandatory. I have seen employees get around 60-70% hike in the same company. The hike you will get depends on your performance. If you are planning to switch companies then you should expect at least 50% increase in your salary.
answered Feb 22 by Rohit
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After 2 years as a Software Developer, you should be expecting a salary of at least around 6-7 LPA
answered May 13 by Rajat
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There is no exact answer to this question. It depends on a lot of factors such as performance, technology worked on, skills gained, etc. Depending on these factors, I suggest you do a little research on how much salary you should expect.
answered May 13 by Komal
0 votes
Hey,

 First of all, you should see your own growth to measure how much salary you can ask for. Talk to your senior in your firm to know more about it. You should expect 5 -7 LPA after two years of experience in development. Though your hike will depend on your performance and try to promote your profile on social media to get some more engagement.
answered Jun 19 by Gitika
• 25,340 points

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