PeppyHamster
PeppyHamster

Should I join?

I got an offer from splunk. The issue is last month I joined a banking MNC with 29 LPA as a fixed CTC.

Right now Splunk is offering 22 LPA as base, 19 LPA as Retention bonus, and other benefits which makes my total CTC as 41 LPA.

Not sure what to do? At one side I have a stable higher base pay job and on the other side a higher ctc and interesting job.

10mo ago
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FluffyNugget
FluffyNugget
Plivo10mo

If u don’t want to risk being blacklisted at the banking MNC, stay. If things don’t work out few months later then maybe u can get in splunk again? Anyway, if u hv good interview skills and can take risk then go for Splunk

PeppyHamster
PeppyHamster
Splunk10mo

What do you think the offer looks good enough considering the base is low?

Splunk being a tech organisation will give more exposure, bank is good for retirement

GroovyBoba
GroovyBoba

If you are still early in your career I would say accept the new offer. 12l is not a small amount to leave on the table. Never care about getting blacklisted. There are 100s of banks and financial MNCs in India, getting blacklisted from 1 of them doesn't mean much.

SillyBurrito
SillyBurrito

Ask splunk if they are willing to restructure the CTC, with 35 as base and 6 as bonus.

Because after the first year, you would feel bad getting a downgrade to 22.

PeppyHamster
PeppyHamster
Splunk10mo

Every year I'll be getting retention bonus

PeppyHamster
PeppyHamster
Splunk10mo

They said they can't restructure it, I asked the HR multiple times

FluffyWaffle
FluffyWaffle

19lpa retention???

PeppyHamster
PeppyHamster
Splunk10mo

I don't exactly remember the term HR used but she said you'll get it at the end of the year.

FluffyWaffle
FluffyWaffle

Imo if you leave banking mnc won't they blacklist you unofficially? If not then go ahead with splunk . Also check splunk pip and layoffs , some companies fire employees before 1 year to avoid giving retention bonus.

BouncyBurrito
BouncyBurrito

Morgan Stanley? 🤣

PeppyHamster
PeppyHamster
Splunk10mo

Naah but close enough

SwirlyNoodle
SwirlyNoodle
Wipro10mo

JPMC?

ZippyCoconut
ZippyCoconut
Student10mo

Yoe?

PeppyHamster
PeppyHamster
Splunk10mo

3.4 years

SwirlyHamster
SwirlyHamster

Stack?

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