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Salary Discussions, Hike & Promotions
1mo (edited)
New offer. Confused.
My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133.
I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter).
This new position is closer to my home and does not involve night shifts. The offer letter is attached.
I have also requested a ₹95,000 monthly salary increase and am awaiting their response.
Could someone advise me on whether I should accept the new offer or remain in my current role?
a deputy manager
1mo
See, In new offer the best thing apart from salary is, Near to home and no night shifts.
I think if your new company approves to give you 95k, Still the new offer has high weightage
I vote for new offer !! Go for it
View 4 more replies
shiningcheeku
1mo
currently not working
Near to home with this salary…. go mannn!
luckyjackfish
1mo
works at
Even I upholds for CTS offer. But package revision by CTS is slightly impossible based on my experience..
Just on curiosity, may I know how to negotiate for the shares as part of offer? Is it granted by default as part of your role or it is offered on your request?
grinningwitcher
3w
works at
Why is that I am not able to match your current ctc with your current monthly take home pay ? I mean 72k a month almost makes up to 8.5 LPA where as you have mentioned 7.8 LPA. Can you elaborate on that?
privatetoro
3w
works at
Go for the new offer, near to home, no night shift + stocks have a very high potential of additional earning in the long run. Everything seems positive.
Do not shy away from stocks.. they are underrated but ha e high earning capacity.
mkgenpact
2w
works at
Yes accept it
harshgoenka
2w
ex -
I accepted your offer whatever you give me I accept
sachin2025
2w
works at
You should accept the new offer. Anyways new offer gives you higher CTC and stocks which is too good. Once the valuation increased your stock value also proportionately increased. Fewer companies gives stock options at mid senior/ Junior level roles. In additions to that office is nearby your home which saves your energy as well as duration of travel. 1 hours a day travel time saves = 300 hours yearly time savings assuming only Sunday off. This will help you to focus on improving your skills sets or spending a time with family/ friends. Better to go to this option.
risingpixie
2w
ex -
72 to 83 it's good
adorablegulabjamun
2w
ex -
Never bargain and stay back rejecting your new offer. At the end of the day, the professional world is very small. If you keep doing this, you'll soon get tagged and that does not do your career any good.
Also, before you accept an offer, you must consider the market perception about your new prospective employer, their attrition rates, and all other information available in the public domain. It can also depend on what stage of your career you are in. There are many factors, that need to be weighed before we decide. And it will be different from person to person. Actually no one can advise you on this. You are the best judge
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