Probably it didnt get scheduled then as the firm couldn’t get an approval for the hike asked. Either way they could have a healthy pipeline for now. Just give the interview and figure it out.

Got it. Thank You. Supposing if I get selected, what should be my stance/ negotiation tactic with the HR?

Head Of Growth

You can talk about what was talked about last year but they will surely bring up the market and that you aren’t working. Ace the interview so well that they chase you is the only thing i’d suggest

Recruiter

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 ...

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.

Reduced salary than last connected.- Grapevine

Welcome to Product Managers's Private Community

I recently interviewed at an MNC and my interviews went great. They also gave a case study.
At the time of final negotiation for salary, i asked for standard 40-45% hike. However they took some time and came back with an offer of almost 95%-100% and literally more than that if i include yearly fixed bonus component.

This was a big surprise to me, and they states that we have done this taking care of pay parity, etc.

I am very happy, 
However, i want to know is this common or happened with anyone else?
Are there such good companies, people and HRs...

Anyone having any thoughts on this?

Has this happened with anyone where you are offered more salary than what you asked for?

Equity Research

Perfios recently received a funding of 230 million dollars. For the employees who didn't have ESOPs or benefit from the ESOPs, would there be a good salary hike associated here?

How has the appraisal been in other companies following a round of funding?

Does a round of startup funding lead to a good hike during appraisal?

Growth Manager

I got laid off in Jan. I was a senior product analyst at a well known startup.
YoE ~4
Pay was 18L + 2L variable + ESOP
After months of search I landed an offer at another smaller startup which raised Series B in sept-22
They are offering me 16+2 + ESOP after looking at my payslip and I have no other offer in hand citing economic conditions.
How do I go about it? I have 1 other interview going on and few with final round results pending, but uncertain if those will get offered.

Lowballing check

Business Analyst

I have been interviewing for my next role and was interviewed by a well funded startup with high EBIDTA margins, great management but when it came to offer they offered me 10% to what I currently draw.  The CHRO stated that we are a startup and not a well established multinational firm who can pay well.  On the other hand the multi national company offered me 15% hike on my existing and their VP HR stated we are not some well funded startup who can pay well.  Now this makes me wonder who is actually paying well.  I have not shared my offers with either as it's against my negotiating principals to use offers against companies. .  I can negotiate based on my skills and talent.  It's a position of chief information security officer at the start up and Director Infosec at MNC.  Job profile is mostly same.

Offerd by Startup and a Multinational Healthcare company

Information Security

They are hiring like crazy, everyday 10 roles posted

Either this is red flag and everyone is leaving
Or it is actually hiring good

How is Revolut? Can someone refer me?

Consultant

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?

Product Manager

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

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

I got to know that budget for the role i interviewed is in range of 20-25 LPA. My last drawn salary itself is lower than the market standards. The company wouldn't give hike more than 30% considering my experience in the role domain. But I have performed well in all my interview rounds. 
Any tips from the community to negotiate for atleast the lower band of their budget?

Salary negotiation

Marketing Manager

I have been interviewing at a startup.
Initially I told my expectations to be 38LPA
Later came to know, they pay much more.

Have cleared all the interviews, how can I negotiate for more salary?

Current compensation - 27LPA
Yoe - 6.5
Role: Senior frontend engineer

Salary negotiation! HELP!!

Welcome to Office Gossip's Private Community

Looking forward to some nice stories from the community. Some positive, some not so positive - what made you take a pay cut?

Have you ever taken a pay cut for a job? Share your reasons 💵

I take a pay cut every year due to inflation. Involuntarily, of course.

Software Developer

Corporate Strategist

I'll go first. I got a call for an APM role from one of the companies which did sound pretty sketchy and the recruiter was started bullying me into answering questions, when I asked to know more about the role. The recruiter was extremely unprofessional, and obviously the conversation was nowhere great. They however, did go ahead and sent me the JD and other links, etc to fill in and apply for the job. Mind you, I hadn't applied for the job. 🥲
It just was a pretty sour conversation which had left me in an uncertain situation. Any similar experiences?

Weird recruiter experiences

Asked for my expected CTC. I answered and they weren't happy with it. Said they could only give at 40% increment of current CTC and then asked for my current CTC. After hearing my current CTC they said I shouldn't be earning this much and that I was obviously making it up. Then asked to send over my salary payslip which I refused. Basically the HR started being extremely rude at this point stating that I was being unprofessional. I asked their salary budget for the role which they refused to answer. Then I asked if they were willing to hire me for a lower CTC which she instantly agreed and said she knew I was reasonable and I shouldn't have lied about my CTC. I then said good luck finding a candidate for that amount and hung up.

Welcome to Software Engineers's Private Community

what is this weird culture of FANG these days? got interviewed for a position with on of the companies, here’s my rant.


- HRs don’t have the decency to revert back promptly for feedback for even if it’s positive. 

- Interviewer not opening up the webcam but asking you to even share your screen, webcam and even your property papers if they can.

- Lowballing offers, Got an offer which is not even close to the current TC, and yes we had the current compensation discussion beforehand.

- Quoting some numbers before the interviews and giving a 20-30% lesser offer after the interviews. This is when the candidate received strong hire. 


I don’t know where as a job market we are heading towards, but FANG culture has been on a downwards path. Got interviewed with them around 4 years back and i can see things are not the same now.

Rant - FANG Interviews and Offers

Staff Engineer

Hi! So I had been interviewing for a startup and I finally heard back from them with an offer but the numbers are way below my expectations. I had quoted a 25% raise from my prev pay of 1.5 years — which I know from folks around would have been their budget for the role as well. 

But they have lowballed me offering me a 10% increase on my base pay + no ballpark on the variable bonus. Now I am confused about a few things 

1. They said they normally just offer a 10% hike on prev salary to all new joinees (which is a little shady to me bec I’m sure they had a budget of their own for each role) 

2. They are saying my year end bonus will be based on performance but are not even giving me a ballpark (bonus could be a 10K INR also and a month’s salary also. The range is huge) 

3. They are saying the reason they don’t offer market standard right on joining is because in the past even after rigorous rounds of interviews, they have seen poor performers in the team despite the good pay. 
(My question is: how is that my problem and not your hiring manager’s? Because you have been historically bad at setting up a good hiring process and judgment - is not MY PROBLEM. This just reeks of your low trust in me even before I have joined. And I don’t know if that’s a great thing) 


Final question: is this giving 🚩🚩? Please help me assess + also any other reccos on how to handle or negotiate this bec as much as the role is exciting to me, the numbers are just not pleasant

Shady Company Hiring Practice

Product Marketing Manager

Welcome to IT Company Discussion's Private Community

Hi All,

I have cleared the final round of interview with Accenture and I was told i will get a call from HR for further process but today I received a regret mail from Accenture stating they are unable to process my application due to not meeting the expected compensation.

At the initial stage they asked me for the expected CTC I mentioned a 60% hike, but I am ready to negotiate.

Without discussing they sent regret mail, how should I approach HR to negotiate or 
is my profile completely rejected?

Regret mail from Accenture for not meeting expected compensation

Senior Consultant

Not very sure about the offer I have in hand. It’s a large MNC 3 day a week hybrid role. 

Background: 
3+ years with a early stage startup, laid off
Unemployed for one year
Joined Unicorn startup at +15% - just about one year - hybrid but mostly remote coz most of the team is in a different city even though we have an office in BLR
Now offer in hand - MNC +15%


Primary reason for job change: 
lack of growth opportunities in current org/role
challenges working remotely with a team that goes to office in a different city

Should I take it? Or should I wait for a better opportunity. No interviews lined up currently.

15% hike in switching job. Justified?

Welcome to Personal Finance's Private Community

Heard the market is back roaring again for some. We are so coming back.

Appraisal Season '24: What was your last salary and what is your current salary?

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.

Reduced salary than last connected.

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