Master the Art of Salary Negotiation: Unlock the Secrets to Cracking the CTC Code!

Salary negotiation is an essential skill that every professional should master. It can make a significant difference in your career development and financial growth. In this blog post, we will explore the art of negotiating your salary, also known as the CTC code, and share valuable insights and strategies to help you increase your compensation and achieve your career goals.

Understanding the CTC Perspective

When considering a job switch, it is crucial to understand how much effort it will take from your side and the impact it will have on your CTC (Cost to Company). Many professionals often wonder if they can expect a significant salary hike after switching to a new job. Let’s delve into this topic in more detail.

Currently, you are holding a salary of around 27-28 lakhs. You want to understand if you can expect a 30% hike after the switch. It’s important to note that the salary hike you can expect depends on various factors, including your experience, the industry, and the company you are joining.

Typically, as a first-time product manager, it might be challenging to achieve a salary higher than what you are already earning. The composition of your salary is already considered high in the industry, especially for an entry-level product role. However, with time and experience, you will be in a better position to negotiate for higher compensation.

After gaining one to one and a half years of experience, you can expect to see a significant spike in your salary. The numbers will change drastically depending on the company you join as your first product manager role. However, it is essential not to have unrealistic salary expectations from your first job switch. Pushing for high numbers upfront might not help you close a role quickly. It’s essential to prove your worth and capability before seeking higher compensation.

Matching Industry Standards

Companies often prefer to see how well you perform in your new role before discussing salary increments. Expecting a substantial hike on your first job switch might not be realistic. However, companies usually have a cycle for evaluating salaries and matching industry standards. They will assess your performance and consider increasing your compensation accordingly.

As a company, Captain FR, we follow a similar approach. If someone comes in with lesser experience than expected, we go with their existing salary and assure them that we will review it based on their performance and align it with industry standards as soon as possible. It is essential to understand that expecting an immediate salary match might lead to a mismatch in expectations.

While it is crucial to consider your commitments and financial needs, it is also essential to understand that pushing for higher numbers too soon might hinder your chances of closing a job offer. Companies expect you to prove yourself before offering higher compensation.


Mastering the art of negotiating your salary, also known as the CTC code, is a valuable skill that can significantly impact your career and financial growth. While it might not be realistic to expect a substantial hike on your first job switch, you can work towards increasing your compensation over time. Focus on proving your value and capabilities in your new role, and companies will recognize your worth and align your salary with industry standards. Remember, patience and perseverance are key when it comes to salary negotiation. Good luck!

Leave a Comment

Your email address will not be published. Required fields are marked *


Upcoming Cohorts of PG Diploma Program

Cohort 17

Starts: 3 Apr’21

Registrations close on 27 Mar’21
Seats Left: 3

Cohort 18

Starts: 20 Apr’21

Registrations close on 16 Apr’21
Seats Lefts: 14

Cohort 19

Starts: 18 May’21

Registrations close on 14 May’21
Seats Lefts: 15

Artificial Intelligence Program


Program Features

  • Learn advanced skills and gain a thorough understanding of modern AI
  • Solve Real world projects in AI
  • Learn to build AI models from the scratch
  • Not a Job Guarantee Program

Great For

  • Working professional in managerial role who want to develop core AI skills to build their career in machine learning and AI
  • Founders & Entrepreneurs who want to learn and apply AI in their own businesses
  • Management Consultants looking to understand the applications of AI across Industries
  • Senior Managers & executives wanting to develop a strategic understanding of applied AI


Upcoming Cohorts of PG Certificate Program

Cohort 17

Starts: 22 Mar’21

Registrations close on 18 Mar’21
Seats Available: 12

Fees: $2499 $1899


Cohort 18

Starts: 20 Apr’21

Registrations close on 16 Apr’21
Seats Left: 14

Fees: $2499 $1899


Cohort 19

Starts: 18 May’21

Registrations close on 14 May’21
Seats Left: 15

Fees: $2499 $1899


Flipped Classroom


Our learners learn by discussing and debating on real-world problems and are actively involved in the solution design process.

Conventional classroom

Sage on Stage

  • A teacher shares the knowledge via live presentations
  • Teachers are at the center of the learning and considered sage on stage
  • Knowledge transfer is one-way and the focus is on knowledge retention
  • Learners don’t get to discuss their ideas or opinions in the class
  • Hence, most learners are unable to apply these concepts in their everyday work life
  • Great for scenarios, where knowledge acquisition and retention is the only focus

Flipped classroom

Guide on side

  • Learners are the center of the universe
  • Classes are meant for healthy discussions and debates on topics
  • Learners go through the material on their own provided by the mentors
  • Mentors work as guide on the side, with the learners
  • Learners develop skills on problem solving, critical thinking and self-learning – the 21st century skills that employers look for
  • Great for scenarios where application skills matter
  • 21st century skills require guide on the side. Simply acquiring knowledge is worthless now.

Launching Soon!

Request Callback


Let us help you guide towards your career path

  • Non-biased career guidance
  • Counseling based on your skills and preference
  • No repetitive calls, only as per convenience

If the calendar is taking time to load you can click on the link below to schedule a call:

Click here to schedule a call