If you’ve existing offers from a company with good revenue, and are on path to profitability then you should definitely negotiate

Business Development Manager

The HR was downplaying on me on the availability of talent and recession story. They say we are frugal and we wont fire people.  Should i take cut from my current or ask for match or raise?

Welcome to Product Managers's Private Community

The HR was downplaying on me on the availability of talent and recession story. They say we are frugal and we wont fire people.

Should i take cut from my current or ask for match or raise?

How do i evaluate/negotiations offer during such recession?

Product Manager

How do i evaluate/negotiations offer during such recession?- Grapevine

Hi folks,
I got laid off in Sept. since then looking for a Job. 
market is so scary. 
Few questions:
1. a lot of companies are hiring through crewscale, etc. they are offering low salary as per the role. are companies paying low salary to them or they are taking a big cut? do people treat them differently once they join a company via crewscale?

2. I am not able to get my resume shortlist for mncs. 

what to do now? recently my friend got a call from razorpay gehy were offering for sde role 15 lakh for 2 years experienced. they were paying 22 lakh for sde 1 last year. the role is not product engg or solution ennggg that they recently introduced for low salary. it was sde role.

fat rhi h ab. kya kru??????
my exp: 2.5 backend

I am scared now.

Software Engineer

HR is is trying to lowball me into accepting an offer at my current compensation stating market conditions. I don’t have any other offers yet. What can be done here? 🥲

Salary Negotiation

Welcome to Indian Startups's Private Community

Have been interviewing for roles and the HRs are low balling like crazy even though they most definitely have the money, talking about non-startups listed companies as well. Makes me think if offer shopping or editing a current offer with a higher number and then shopping is the only way to go

HRs low balling?

Founder’s Office

Welcome to Software Engineers's Private Community

How much does Cars24 pay to SDE 2?
How many rounds do they conduct? I just finished my 2nd LLD round.

How much should I negotiate with the HR if currently my base is 20LPA ?

CARS24 - Hiring Questions

How much hike are you been offered when you try switching in this recession period?
What was the hike when hiring peaked?

People looking to switch

Software Developer

Welcome to Office Gossip's Private Community

I recently encountered a situation while job hunting in the engineering field. I applied for a role in a company where I had limited experience with their specific projects. When asked about my salary expectations, I mentioned ₹XX lakh, which seemed to surprise them.

They offered ₹10 lakh less than my expectation. I countered by suggesting ₹XX-5 lakh, with a provision to increase to ₹XX after a six-month probation, contingent on performance. They rescinded the offer without any explanation.

I'm not upset about it, as it might have been a mismatch. However, the lack of communication was puzzling. The offer was made on Thursday at 4:00 PM, with a deadline of 12 noon Tuesday after a long weekend.

For context, I was applying for an intermediate project engineer position. I have 5 years of experience, mainly in wood structures, while this role involved steel structures. The initial offer was ₹8.5 lakh.

Did I handle the negotiation poorly, or did I avoid a potential issue? Insights from others who've faced similar situations would be appreciated.

Job offer rescinded after salary negotiation

I’ve been laid off dew days ago for cost cutting. My current TC is ~30LPA with 4 Years of experience. I’m happy with this TC but now that I’m also switching and seeing current market conditions should I ask for raise over it or just say to match current comp to recruiters?

Should I ask for raise while switching?

I have 2 options, either to take a 40% pay cut or leave the company (get laid off), what should I do? Would taking that high pay cut will lead to negative impact for my next employer?
How does companies/hr takes this while hiring?

Should i take a pay cut

I have got very less hike and my ctc is below market/company standards, so should I talk to my skip manager for raise or just switch to a new company, I’m worried about recession and layoffs. Yoe: 4

Ask for hike or move to a new company

Hello Viners!
I wanted to share my CTC journey and looking to seek your opinion on this!

Joined Fintech(Paytm) last year with 3.5 YOE - 31LPA(Base)
[Current] LaidOff but Got an offer in a SaaS company during my NP - 31LPA(Base)

YOE - 4.5 Years

Most of the companies I interviewed for were not able to match my current fixed because of which I took this offer. Now I feel like my Base is low as compared to the market average in terms of YOE which makes me worry about my career’s progression. Do you also feel the same? 

But at the same time I am grateful that in this job market, I have got a job. What do you think? Am I rationally thinking here? I live with my parents and they are partially dependent on me. I hope I have made a correct decision.

Feeling low becoz of my base CTC

Right now I am looking for a new job because of a layoff in my own company. I have recently applied for a new job. I didn't get a hike and they even decreased the basic pay in their shared CTC Structure. The in-hand is the same as my previous company but my basic salary is impacted. Should I accept the offer or let it go?

Should I accept the offer or let it go?

Data Analyst

Welcome to Business Roles's Private Community

So, I had this call from a head hunting firm in May 2023 for a Growth role in a startup(invested by MNC). That time, I was working and they took 33% as overall hike on my CTC. The interview didn’t get scheduled and I got laid off. They recently connected with me again mentioning that the role is open but they have quoted significantly less salary now(18%) overall hike on my previous CTC. 

Was just checking through the mail and I found out.
This time though the interview got scheduled. Am yet to give the interview.

Has the budget reduced for the role? Or is the 3rd party lowballing me?

Reduced salary than last connected.

Head Of Growth

The company I used to work for recently shut down and I just received my first offer from a sizeable unicorn. 

I am being massively low-balled (20% cut). And on top of it, it's an exploding offer. 

I have a couple of interviews lined up (they start after May 28th) but at the moment, this is the only offer I have. 

What should I do?

1. Hard negotiate? Leave the offer on the table if it doesn't work out. 

2. Soft negotiate. Get the offer. Interview with other companies and try to get a better offer before joining (feels wrong)

Things to consider:

- I have 10+ months runway
- Last cash comp was 24L at 2.5YOE

I'm leaning towards 1.

I'm being lowballed. What should I do?

Suffering from success. 24L base for <2.5 yoe was already high. And that’s the reason why u have so much runway. Good luck on whatever u decide.

Recruiter: Will call you asking basic details, without knowing anything about the job description and team involved. When you ask any questions, they are always coming back with information, sometimes they don't too

Actual project team: more often than not, in need and if they like you they will communicate very clearly that we want you. When asked about benefits etc general response or always HR will connect.


HR: comes during negotiation time, will not anything about the role, will come with sole purpose of saving some bucks on CTC. More often than not, they will be the reason a candidate withdraws from process, or negotiation doesn't work, even though the actual team might be okay with negotiation.

This is my experience, HR is giving such a vague offer which looks good on paper but on hand it's nothing in terms of growth and pay increase. Same old CTC vs gross salary shenanigans. When negotiating the HR thinks I'm not worth it and asks for proofs of every deduction from current employer.
This is such a stark difference from the Actual team who interviewed me and were very good and open.

HRs , Recruiters & Actual team are always on different tangents

Analyst

Background: I work in a D2C consumer product startup, we have an in-house website and a growing tech team of 7 people. The whole business team is 100+. I'm a '23 grad from a tier 1 engineering college.

I joined the company back in September when the job market was at the bottom and I had to take a 40% pay cut (21LPA to 12LPA) (while switching (the last company ran out of funding). I was at a higher than avg base in my previous role but the current role is 20% below the average. (15LPA) The company is in a growth stage and lots of processes are yet to be defined which leads to a lot of chaos but I get a lot of freedom as well.

My manager is aware of the whole situation and we had also negotiated a 6-month review for ESOP allotment. My monthly reviews have been going well and we have shipped some good improvements and features over the last few months.

Only PM in the startup, how much appraisal should I ask for at 6 months?

Two days back I had a call with Walmart Hr regarding offer. I gave my previous compensation 22 l fixed 2 bonus 5 per year esops. 
I said 29 L fix as expectation. (Though I am okay with better than 22 l ) as I know I have very less skills and I need to learn a lot to get a good salary tbh.
I joined as SDE last company but exited as sde 2. My increment would have happened in October but got laid off in Sept. 
So she said no for this salary and didn't give a good feeling that a good salary she will propose and said we can't give this definitely be ready for negotiation kind off.

So. Are there any points that I can use for negotiation?
I am an immediate joiner. 
If I join Walmart then it would be my 3rd company in 3.5 years of my career and j don't want to make job hops.

I have nobody who can give me some advice.


So, in my head I think I can take whatever my salary is and after working on my weak areas are and then after 1.5 years change to a better company but another job hop will happen.
I am not working since the past 5 months. 
Don't know how to handle thoughts in my head.
Please guide.

Need suggestion in negotiation

Welcome to Confessions's Private Community

In this year's appraisal cycle, I got a good performance rating but bad hike and no promotion 😔
Currently multiple projects are highly dependant on me, and it will be difficult for the company to find a good replacement (Subtle flex, but it's true), and due to this I feel like I'm underpaid at my current level.

Have you ever been in a similar situation? How did you negotiate a better salary? Should I look for a better offer outside and ask my current org if they can match it or resign? Because next appraisal/promotion will only happen a year later from now.

Please share your experience of negotiating better salary at current org by getting a better offer outside, how did it go and what was the outcome?

Share your experience of negotiating better salary at current org by counter offer

I had quoted a ctc, they have agreed with that ctc but now I think it's quite low (17.5 lpa fixed for 2.5 yoe). It's a startup. How do I negotiate it to more. They want me to accept offer letter asap. I am in the process of interviewing a couple of more companies where I hope to get around 22 lpa fixed. Should I accept it and then say no few days later?

Making my first switch, how to go about negotiating a decent offer

Why do some startups lay off people even when they know that they'll be raising money soon via new funding?

Case in point: Dunzo

Are these employees given severance? Or is it just that Hi, Hello, Today is your last day, thank you, bye that you see most startups do?

What are your thoughts on this?

How do i evaluate/negotiations offer during such recession?

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