Got promoted but no salary hike - is this normal?
My company promoted me from SDE-1 to SDE-2 but the salary increase is just 8%. My friends at other companies got 30-40% hike with their promotions.
Is this normal? Should I negotiate or just start looking for external offers? I like my team and the work but the compensation feels unfair.
For context: I'm at a Series B startup in Bangalore.