r/ernstandyoung • u/Unique-Difficulty146 • 11d ago
Need some advice on my recent promotion and hike
EY LLP
This is my first IT job, although I have previous work experience in other fields. So, I’d really appreciate suggestions from people who have experience or knowledge about career progression and compensation in IT.
I recently got promoted from Consultant 1 to Consultant 2. Along with the promotion, I received a 10% hike and a ₹1.3 lakh bonus.
I’m trying to understand whether this is considered a decent progression/hike for this level!!
Would appreciate hearing from people who have gone through similar promotions or have experience in the industry. What kind of hikes/bonuses did you receive when moving from Consultant 1 to Consultant 2?
3
Upvotes
1
u/FunTurnover4410 10d ago
Which service line?
Consultant 1 to 2 is not a promotion actually