So we all know what the current market situation is right now. Like all, my company also used the same market excuse to give 0 hikes to 80% of staff in last appraisal cycle which happened shortly after layoffs. And to top that, they tried to soothe us by saying at least you are not laid off. So obviously, no one protested.
Now when the next appraisal cycle approached, everyone was expecting something and management also knew that they have to give something or else people are not gonna stay much longer. 2-3 months before the cycle, they started telling that no one would get 0 hike this time, it will be better than last time.
When the numbers came, it was less than 5%. I mean you can expect these numbers from a huge service based MNC but not from a budding product based startup. And, here's the best part, the manager didn't even bother to setup calls to tell the numbers himself, we got to know via a fucking email.
I am done, I am gonna jump ship the first chance I get.