If you have 5 years of experience in IT and don’t have a package of 20 LPA, then you are underpaid. (Read that Again) #Day32 of #helpingAspiringPMs100Days 20 Best Practices to increase the salary 20. Many people hesitate to ask for a salary hike. If you don’t ask, the answer will always be “No.” 19. Always work in high-paying industries like fintech, E-commerce, etc. 18. Always for a salary hike at the end of every financial year. 17. Consulting or freelancing can help you increase your active income, which you can later use as leverage. 16. Use your achievements to discuss about your hike into the company. 15. When you relocate, always ask for a better salary because cities like Bangalore have more expenses than Bhopal. 14. Always try to get another offer and negotiate with your current employer. 13. Truly speaking, if you genuinely need it, find a mentor to help you. 12. Optimise your LinkedIn and showcase your achievements in public. 11. Work in high-demand and low-supply markets like cybersecurity, AI, etc. 10. Create a professional network and go to Networking events in your city. 9. Never accept the first offer letter, negotiate with the company and do your market research about your value and role. 8. Present your result and not your responsibilities because people are interested in Results. 7. Earn some AI, AWS, Product Management certification, etc. 6. Try to get into a Managerial role because a managerial role has a higher salary 5. Job-hopping (every 1-3 years) can lead to faster salary increases 4. Improve your communication skills, which will significantly help you get a better salary. 3. Always do market research about your role and location, such as what the average salary is in that area. 2. My best Advice is to get a mentor who can help you excel in your career. 1. Try to enter a high-demand career where supply is low, for example, AI, etc. 𝗜𝗳 𝘆𝗼𝘂 𝗻𝗲𝗲𝗱 𝗵𝗲𝗹𝗽 𝗯𝗲𝗰𝗼𝗺𝗶𝗻𝗴 𝗮 𝗣𝗿𝗼𝗱𝘂𝗰𝘁 𝗠𝗮𝗻𝗮𝗴𝗲𝗿, 𝘆𝗼𝘂 𝗰𝗮𝗻 𝗺𝗲𝘀𝘀𝗮𝗴𝗲 𝗺𝗲. 𝗜 𝘄𝗼𝘂𝗹𝗱 𝗹𝗼𝘃𝗲 𝘁𝗼 𝗵𝗲𝗹𝗽 𝘆𝗼𝘂.