I'm currently working as an APM in Bangalore (1YOE), and a tier-1 college graduate. I recently got an APM offer from an AI startup based out in Mumbai, which has only 20 employees, and I'm currently in a dilemma, whether I should shift to Mumbai or not, provided its more expensive than Bangalore.
My current CTC: 10LPA, so if I had to shift, what's the compensation I should demand? or rather stay in Bangalore and look for options there.
Please, help!!
Continue in Bangalore if you have living costs sorted already! Mumbai is going to be damn expensive even if you take a 50 percent hike on top of this, and though living costs are inflated in Bengaluru they are still less currently in comparison
Further the type of career you are into, always makes sense to stay near the technical ecosystem, sure mumbai has its own experiences but its more driven towards core financial roles than tech roles and opportunities will be more in Bengaluru always in comparison.
Food and culture wise both have its own delight moments honestly having spent a lot of time in both cities makes me love them both in different ways but if I have to really make a hard pick - by a low margin I d choose Bangalore anyday! (PS yes weather matters and mumbai is always a flight away for fun haha :P)
I was as well thinking on the same line, tbh. For me, I want to maximize my savings as of now, coz I have a lot of debt, responsibilities on my shoulders which is already giving me a lot of mental toll, and each and every day I'm somehow sacrificing in terms of food, enjoyment, etc just as to save and invest more.
My current CTC and the cost of living in Bangalore is already giving me a tough time, and given Mumbai is 2-3 times higher, it will be extremely difficult for me. So, I guess I got my answer, just needed a reassurance on it. Thank you so much, pal!!
I'm getting an offer in the range of 15-16LPA in Mumbai, from my current 10LPA compensation in Bangalore, so do you think it's worth going with this compensation?
Provided, the job market isn't going well, and there are news of a recession.
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