Hi all,
Recently put down my papers at a Financial Services Company. The management is after me to take back my paper and retain me. I gave a lot of thought on the current profile, pay and the same at new Co. before putting my papers but all of a sudden the rosy picture being presented to me is getting to my head I am really confused about what to do in such a situation. Further I am scared that once I am retained i might be ill treated and made a scapegoat out of if my team doesn’t perform.
Should I just stick to my guns and avoid any retention discussion or give it a meaningful and positive thought?
From how much time are you working here? What's the pay difference between the two? How good is the new company? Usually taking back your papers is not a good approach
Worked for a year. Pay gap is about 35% which the existing company is ready to match. The new company is an mnc trying to set up its footprints in the Indian market.
The current company might not give you hike in future, the new company may, plus Indian companies culture is poor mostly, choose wisely
Don't stay. Not a good idea at all.
Ask for 20-25% hike on top of the offer you are holding. If it is a service based company, ask for onsite assurance too. The revised hike must come in writing within 1-2 weeks. Otherwise, don’t revoke.
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