How do you decide on taking up an offer?
Recently, I interviewed with a US healthcare startup. I cleared and was offered 30lpa. 10% hike on my last CTC. I need to work in the Central Time zone. May even need to stretch since it's a startup. Good learning opportunity and ownership.
Even before this, I got an offer for 38LPA from another healthcare startup from Chennai. Apparently I couldn't take up that offer because of relocation. After that whatever calls I got didn't have the budget or wanted me to completely relocate to Pune, Mumbai or Gurgaon. I am looking for something in Bangalore hybrid/wfo/remote. Some companies left the hiring process in the middle saying org restructuring. I got some offers to be VP or Co-founder with sole equity.
The number of calls that I received last year comparatively are very high and that too from very good companies.
I am clueless right now. Since, I am broke and feel helpless. I am not sure what to do now. Sometimes I lose confidence and feel low on what I lack...
So, coming back to the question, how do you guys decide on offers?
Depends on priorities of an individual and the stage of life at which the individual is.
Case 1: individual doesn't have much constraint in moving to different cities like Blr, Pune, Mumbai, Hyd, NCR - then the individual can freely move and would have a larger number of switching opportunities.
Case 2: if the individual has constraints in switching location, then obviously the number of calls would be lesser.
I generally keep 3-4 parameters in mind.
- Percentage Hike: should be 30-40%
- Cities : Should be one among Blr, Mumbai, Pune, Hyd. I am anyways from Tier 2 city so would need to relocate anyways and don't have constraints as of now
- Firm Size: My personal preference is firm should be 10+ years old minimum and should have employee base > 10k
- Work Type Preference - I generally prefer getting into Research and Innovation type business units. I feel there's better opportunity to learn and less stress.
Working in Central Time from India, means doing night shift daily?
Hmu I’m hiring if you are a developer
10% is too low for a switch. Ask atleast 20 to 25%