TCS
TCS
on
MagicalPanda
MagicalPanda
12mo

Advice Needed on Offer Reconsideration and Salary Negotiation

I have been working with TCS for the past three years and have received one appraisal of around 7%. My current CTC at TCS is 16.2 LPA. Recently, I received an offer from Accenture for 21.8 LPA, with 27% of it being variable pay. However, I declined the offer. Now, I am feeling a bit of regret and unsure whether I made the right decision, as I didn’t necessarily want to leave TCS, especially since I live nearby.

I have two questions: 1. Even though I have declined the Accenture offer, can I use it as leverage to negotiate a salary increase at TCS? 2. Is there any possibility of reaching out to Accenture to reconsider my rejection and take the offer back?

Any suggestions would be greatly appreciated.

12mo ago
QuirkyPenguin
QuirkyPenguin
12mo

Your yoe will help us to comment

MagicalPanda
MagicalPanda

I am having total 8 years on experience

MagicalPanda
MagicalPanda

And internally i came to that they are planning for my pramotions this quarter

ZestyBoba
ZestyBoba
12mo

I don't know your technology, BU or project. But generally if I were you, this is what I will do.

  1. I will analyse how important iam in the project. Am I the critical resource.
  2. How good i interact with program manager. Will he retain me? Just have a general talk without revealing about the offer rejection.
  3. Use only the offer letter, resign and try for better offers.
  4. If i don't get any offers, i will revoke the resignation and stay back with the same.

This is my suggestion to you brother. Please feel free to ping me further.

MagicalPanda
MagicalPanda

Currently i am crtical resource but project is ending next year so i am not able to figure out if they will retain me or not also i am expertise in niche skill i dont want to leave company but as u know retention is the only option to get hike

ZestyBoba
ZestyBoba
12mo

Oh 1 year project is too long. You can take a chance I feel if you are financially good for 6 months just for safety.

SparklyBagel
SparklyBagel
12mo
  1. No.
  2. Possible
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