Bengaluru CA's salary rose from Rs 7 lakh to Rs 24 lakh in 5 years: Here's how she did it

A salary hike can make a significant difference to a professional’s career, but knowing when to switch jobs can matter just as much. Bengaluru-based Chartered Accountant Meenal Goel has shared how her annual salary grew from Rs 7 lakh to Rs 24 lakh in her first five years of work. She chnaged her company twice and received pay hikes while staying in the same organisation. She highlighted her yearly salary progression which underlines the lesson of knowing your value.

Bengaluru CA Meenal Goel shares her salary growth over five years

Taking to social media, Meenal Goel shared a breakdown of how her salary changed during the first five years of her career as a Chartered Accountant. Her figures show that her annual pay more than tripled over the period, rising from Rs 7 lakh to Rs 24 lakh.

Goel started her career with an annual salary of Rs 7 lakh at her first company. She received no increase in her first year. In the second year, she moved to a new job, where her annual salary rose to Rs 9 lakh, marking a 29% hike.


She continued with the same company in the third year, when her salary increased to Rs 12 lakh, a 33% rise. However, her fourth-year hike was smaller. Her annual pay went up to Rs 13 lakh, an increase of 8.33%, while she remained in the same job.

The biggest jump came in her fifth year. After moving to a new company, Goel’s annual salary climbed to Rs 24 lakh, an increase of approximately 84%.

What Meenal Goel says employees should learn from her journey

Goel said employees who work hard for a company deserve higher pay. She stressed that asking for better compensation is their responsibility, even if it means moving to a different role or organisation. Goel also urged professionals not to settle for less as their skills and value grow. Her message was simple: employees should recognise their worth and ensure their pay reflects it.