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Hike negotiation

One of my close coworker rather a best friend, recently talked to his manager for promotion. However the hike after promo what manager said was ~25%. However same experience, same team -same experience guy who got promo in last December cycle got fixed around 28-30L. Now he had asked suggestions. He's fixed is coming around 24. He asked me how to get fairly treated. Both are having same experience, same team. However the earlier guy joined at higher fixed. Is there any way to see this as he can't compare himself directly. I am not expecting promotion this year but this seems to be a genuine question to be treated fair. If any such scenario comes to me , I would simply get an offer and leave. However I want to know the correct approach.

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Gooner7

Goldman Sachs

4 months 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.