Revised offer structuring for many roles has seen offer ranges dropping by as high as 35% – 40% over the highs seen in FY2022. After a round of downward budget revisions across roles in FY2023, the current salary ranges in offer are well in the moderated zone with no unusual hikes in play.
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For instance, full stack engineers are witnessing an average of 8%-16% drop to getting Rs 12 – 28 Lakh per annum this year as compared with Rs 15 – 32 Lakh per annum in FY22.
Of-course outlier offers and negotiations with higher hike percentages do exist, but these are too few and far apart. Here’s a look at the top roles in demand and how much they were fetching earlier and how much are fetching currently.