I was promoted to L5 in Q'2 23. This year I received HV1. Is this default? Can I boomerang on HV1? Please suggest a course of action for next year. What can be done to be HV3, so that I don't see a huge drop in my TC.
Don't jump unless necessary - as per my experience your next 1.5 year should be secure considering if in same team.HV1 after promo is default rating
1. My TC is decreasing at 20% YOY. 2. I am getting the same salary outside. What to choose? Stay or jump?
Your comp is dropping 20% after you got promos this year? That doesn't make sense.
Yes, it's the default after promo, no it's not something to worry about.
Can I be HV3 next year? Or is it better to apply outside and jump the ship.
Yes of course you can. What exactly is your concern?