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I had a query regarding salary structuring on lateral movement. Suppose someone starts as an A0 at a boutique law firm with a package of around ₹5 LPA, and after one year (i.e., at the A1 level), they make a switch to a Tier-1 or Tier-2 law firm — in such a scenario, how is the compensation determined?
Would the pay be aligned with the standard A1 bracket at the T1/T2 firm, or would it be calculated based on a percentage increment over the candidate's previous CTC?
I would appreciate insights from those who have had similar experiences or are aware of the lateral hiring norms in the industry.
Thanks in advance!
a. firm disregards the 1 pqe at the boutique firm and you start at a0 (sometimes at all t1 firms, depends on the boutique)
b. firm gives you a percentage increment on your previous salary (s/cam, kco do this at times)
c. firm brings you on at the a1 band (rare but ideal)