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I am getting 70lac as CTC in my new role

I have total of 3.6 years of experience all as Data Engineer. 2.3 working at Sigmoid and 1.3 with Flipkart. I got promoted at both the organisation, means I am a high performing talent. I am getting 50L as a CTC from Flipkart, 21.5 is fixed, 2.15 is annual bonus and rest other are ESOP spreaded over 4 years. Flipkart is currently operating in hybrid model which means I had to shift to Bangalore this December. In my new role at a startup which is acquired by Course Hero is offering 70l; 32l as fixed, 3.2l as annual bonus and rest other as RSUs spreaded over 4 years. It is work from anywhere. Looking at the current market trend and my previous history, should I be little more greedy.

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WhyBloreWhy

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2 years ago

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ProteinPancakes

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2 years ago

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MetalalGada

Student

2 years ago

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ByavarsiNo1

Stealth

2 years ago

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Mrconqueror

Student

2 years ago

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Mrconqueror

Student

2 years ago

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Mrconqueror

Student

2 years ago

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fakekpi

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2 years ago

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WoodenPub41

Stealth

2 years ago

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HalfStorey87

Unemployed

2 years ago

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tbk

Startup

2 years ago

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Business Roles on

by Ashwatthama

Stealth

NEED ADVICE ON JOB OFFER DILEMMA!!

I find myself in a rather perplexing situation at work and could use some impartial advice. Currently, I am employed at an Indian e-commerce firm where I have put in a lot of hard work. However, during the recent annual cycle, I was not promoted, and my salary hike was disappointingly meager (CCTC 14.5LPA). Naturally, I expressed my concerns to my manager, who advised me to wait until the mid-cycle as my promotion case would be reconsidered then. In the meantime, I actively sought out new opportunities, and I have received an enticing offer from a Consumer Packaged Goods (CPG) firm with a significantly higher compensation of 24LPA. This is substantially more than what I'm currently earning, but less than my expected CTC that is around 28-30LPA. The confusion lies in the fact that my current firm has now initiated the promotion feedback process, and it's possible that I may get the promotion soon. I'm now torn between two choices: do I stay at my current job, potentially get the promotion, and then reconsider switching, or do I seize the opportunity at the CPG firm with the better financial package? I understand that both options have their pros and cons, but I'm finding it challenging to make a decision on my own. Any advice or insights you could provide would be immensely helpful in guiding me through this tough decision-making process. YoE: 4.1 Years Domain: Analytics Thank you in advance for your understanding and support.

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Software Engineers on

by AngryComma

Stealth

Got an offer with around 20% hike

My current CTC is 7.7 with around 2+ YOE. Received an offer with a sort of startup owned by a private equity that is giving a 20% hike + bonus not included in the CTC. My current role sucks, there's not any coding involved, it's mostly just using a third party software to make small changes here & there and I don't think it will help me in the future, though the work culture and perks are really good (hybrid mode lots of holidays barely 4-5 hours of work). The new role will include coding which is what I want to do and from the discussion I had with the hiring team it will be a challenging role compared to my current. However, this will be my 3rd company and I'm not sure how recruiters will look at it since I am currently working in legacy tech and want to switch to a different stack in the future and I will probably have to stay at least a year here. The new company also mentioned that they use tracking software only while you WFH though you can do WFO too which is a red flag for me. I'm really confused. The hike isn't much but the extra money will help but the lack of the freedom while WFH and the long hours are making me think and the fact that I would have to stay atleast a year in this role to not be seen as a serial hopper to recruiters when I want to switch tech stack. But then again I don't see any future growth in my current org even with all its perks and it just feels like im rotting away my early 20s not doing any "meaningful work" or gaining any skills.