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CTC check

I am a software engineer with 1 year of professional experience and about 2 years of experience counting all my freelance gigs as well as internships. I’ve identified that I’m good at picking up new technologies easily. I’m also very detail oriented and tend to find the moat optimal solutions even though my current position only expects me to follow the PRD provided by my tech lead. I find that most of the times, I have had to raise my concerns to my seniors for a change of an approach with me being correct almost all the time by the end of the discussion. Now I feel confused, that maybe I was being underestimated and therefore underpaid by my employer. Context: I switched to this company about 6 months ago with a package of 12 LPA and got a mere 5% hike to 12.65 LPA during last month with a promotion from being a technical associate -> software development engineer. During my meeting with the manager, i was told that my performance was ‘very good’ but since its been only 6 months, they are giving me a promotion to match my skills but not give me a good hike. Any thoughts?

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UrbanRun44

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a year ago

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potatomato

Fintech Startup

a year ago

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UrbanRun44

Stealth

a year ago

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potatomato

Fintech Startup

a year ago

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potatomato

Fintech Startup

a year ago

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UrbanRun44

Stealth

a year ago

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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.