How much is the standard hike an employee can expect while moving from one company to another as new hire?

Ans:

If you have the proper talents (niche technologies) and the ability to negotiate well, there is no typical raise %.

People will tell you that 20% or 40% is a good or standard percentage. Do not trust on them; instead, assess yourself and determine your professional worth. It may not be easy to find a new job in this economy. However, many executives who are dissatisfied with their appraisals and subsequent raises may wish to think about it.

Where employees across sectors would in earlier years expect a hike of 20% to 30%, they are willing to settle for less or even move at the same level if they think there's a better career path, a more stable job and better long-term prospects.

A candidate looking for a position in junior to middle management can expect a raise of 20% to 30%, while a senior professional should expect a raise of 15% to 20%. A junior management employee has fewer than eight years of experience, middle management has eight to fifteen years, and senior management has more than fifteen years. According to Mercer's Anand, the finest market was in 2008, when a candidate from any field might switch for no less than 35 %to 40 %.

IT workers are in for a gold rush as corporations scramble to change their operations to go digital. Due to a lack of alternatives, IT services executives are cherry-picking jobs and seeking up to a 70% pay raise for switching jobs, even while rejecting multiple offers. Depending on the urgency of the company, they may demand more than 100%.

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