SqueakyWalrus
Jobless: Now getting same CTC as 8 months ago.
I finally got a job offer after being jobless for around 7-8 months now. But the company is offering me the same CTC I was previously drawing. Reasons they sighted were that I've been jobless for a long period now. Is this normal? The company is good. Has a good set of customers. Has raised good funding recently. Team seems to be good as well. But its the CTC that I'm unsure about.
What to do ?!
P.S. my prev CTC was also entry level pay, say 40k in hand on avg after all deductions.
9mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
ZestyPanda
Stealth9mo
I don't see any relationship between
offering a low salary and being jobless as long as you posses the skills it should not matter. They are paying you cause of your skills . But unfortunately I've seen a few cases like this. I don't think it's normal though. On one hand companies say they don't discriminate against caste , religion , ethnicity and on the other hand they go and offer lower salaries just because of employment status. This should change. Maybe clarify with them if this is their policy across the company or is it just a particular HR/HR team trying to give the lowest offer possible ?
Then again depends on your financial situation and how badly you want the job . Would suggest to politely request again and ask them to pay what your skills are worth and not employment status.
SqueakyWalrus
Stealth9mo
Hmm. Makes sense. Even I asked how is my unemployment period related to the CTC that you are offering. They said its the norm in such cases. I did mention that I have been actively contributing to OSS but they said they can't consider that as a full time employment. I am in need of a job right now as I have tried doing some things on my own as well as freelancing but nothing worked out. Got a family to take care of.
ZestyPanda
Stealth9mo
Damn that's sad to hear. Companies should change this pattern. Contributions to opensource is infact great to have. It shows you can work in async distributed teams. Having responsibilities makes this a tougher decission ...
SillyMochi
Stealth9mo
What's your yoe?
That determines whether the 40k in hand is suitable or not imo. If you are < 2yr experience, go for it anyways. If the team & company are good, that's all that matters. You can compound your learnings and get a hike or switch. In this economy just having a job that allows you to learn as a fresher is amazing.
If you have > 2yoe, 40k pm is not that much. If you can't negotiate and don't have any other offers, take the job, focus on upskilling, and switch again in ~1yr.
SqueakyWalrus
Stealth9mo
I just had the same thought. Yes, I have less < 2 YoE and in this blood market, getting a job offer is very hard and my observation has been that people who have been very skilled and share their skills and learnings are the ones who have easily transitioned to other jobs. So, that made me understand that money follows you when you are skilled in your domain. I think its best I accept the offer and not think too much about this
SillyMochi
Stealth9mo
Yeah for sure ! Just focus on compounding your skillset. You'll be surprised how quickly your salary can progress :)
SqueakyWalrus
Stealth9mo
Update : After speaking with all you amazing humans, I went ahead and accepted the offer which was the most logical and best decision. Thankyou everyone.
(Grapevine team, please add post edit option)
TwirlyRaccoon
PWC9mo
Accept the offer!! Honestly speaking 2yrs of exp is quiete less compare ro market demand. Join the firm stay for 1 yr. Turn your overall exp into 3 yrs. Take a high jump. By that time market will be more stable.
SwirlyBagel
Wipro9mo
First focus on current whatever you just accept.side by side prepare and upgrade new skill set and experience also increased you will get more experience and new skill also multiple benefits
PerkyMarshmallow
Salesforce9mo
irrespective of your previous job & amount of time you have been jobless, companies pay according to their requirement, if they have a requirement they don’t hesitate to pay and even negotiate higher package. Take the offer and use this to negotiate with other companies if you don’t want to join here.
SqueakyWalrus
Stealth9mo
Got it. Thanks for the suggestion
SnoozyWalrus
Razorpay9mo
Accept the offer if you dont have anything in hand right now, and then as soon as you get a better offer switch asap . Dont even wait for matching the offer. I think you might get a stellar offer within 6 months if you remove some startups and instead join an MNC / GCC .
PeppyNarwhal
Accenture9mo
Its a win-win for company as they are taking advantage of your situation but still suggest take the offer for now start working and switch after sometime for other offers atleast after that you don't have any gap. Good luck
MagicalPanda
KPMG9mo
If u are an entry level employee then salary shouldn't be a factor for you as of now, gain some experience, build yr network, gain some new skills and then switch for a better CTC... just my opinion what I followed for me
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