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What should be expected CTC with 2.7years workexp + current CTC 5LPA ?

 
Ranch Hand
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Hi,
My current CTC is 5 LPA. I have 2.7years experience (Java/J2EE), and I also have a masters degree from United States.
What should be the optimum expected CTC I should quote ? The offer is from a service based company, in India.

Also, what is the optimum hike (in %) to ask for on my current CTC ? Is asking for 50% hike reasonable ?
 
Kr Manish
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any thoughts from people ?
 
Greenhorn
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You can ask for 30% hike, but wait before you complete 3 years.
 
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I guess 5 lpa for 2.7 years exp. is more than decent compensation(if you are with MN service based company). If you have offer from service based company, i doubt they would pay more than 20% hike unless the company is good enough and they have critical requirement for the project.

You can expect 6.3-6.5 lpa. But yes even I would suggest wait for some more time atleast complete 3 years with your current company. I would rather suggest you not to make a move just for 20-25%% hike. Spare some time with single company so that your resume shows that you have some decent experience with past employer and looking for change for better role/responsibilities rather than better pay(I must say you are being paid handsome in comparison to ppl who are working in global giants with same exp. as yours).

 
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