Just say we need cheap labour. Btw guess how much I asked for.
I saw a Staff Developer role and the recruiter's budget was 16lpa. They were looking for 10+ years of experience for that role.
Yeah man. Also interesting is how HRs stick to standard budget when employee is asking for higher salary but if he is underpaid in previous company they would give nominal hike on that even if they had higher budget.
Exactly! If they canāt value candidates how they expect the world to value their business. Fir kisi podcast mei jakar bolenge ki āIndian consumers donāt want to pay for anythingā.
A good company(very high paying) was recently hiring for a senior software developer role but their budget was lesser than what I currently make.
And the recruiter told me, it's fine they have a very limited budget with no stocks and bonuses. And other candidates are willing to join the company for that pay. I said no, but I know that this company used to pay ~40% more in CTC couple of years ago.
Yes thatās where they exploit you āother candidates are willing to join for lessā.
TBH, it might feel unfair, but the industry standards are determined by what the market is ready to accept.
And my personal thoughts are that this is a market correction, a lot of folks were getting overpaid because of VC money. The appropriate pay depends upon how much a company is able to pay while still being able to make money.
Bhai WITCH companies mein toh abhi bhi they are paying 8 yrs ko 8 to 10lpa. I have given few interviews and no one wants to give according to market standards. In fact they are lowering their budget even the big 4. One big 4 hr told me they can't even give a 10% hike also on offer. Everyone wants to exploit and keep us underpaid, they don't even want to give according to the market standards also.Jab ki I was not even asking for more money just wanted to get to the market standards. That's why candidates have to keep interviewing so that atleast they are not underpaid. No one likes to give 100s of interviews it's really a energy draining task but have to do just to get to the market standards š.
Bhai service company to kabhi nhi degi. Ye to hindustan ki sachai haiā¦Yahi WITCH companies US mei 125k+ salary deti haiā¦to agar pirchase parity ko consider kiya jaye to Indians ko inhe minimum 30Lakhs pay karna chahiyeā¦ There are no regulations in our country. No one protects the rights of white collar workers. Itās shameful.
Sahi kaha bro but sirf WITCH nhi l, recently mene Big4 mein bhi Diya wo bhi aise hi exploit karne ki kosis kar rhe hai. Jab k mene bahut bola unhe k atleast market k hisaab se toh do but still they said k isse jada nhi milega. Tcs join karke galti se underpaid reh gya ab sab companies underpaid hi rakhna chahti hai, even though they have budget.
How common it is to decline an accepted offer? What are the repurcsuions attached to it? Have you guys ever done it? How should I communicate to the company? What should I write in email?
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