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SleepyBiscuit
SleepyBiscuit
Statusneo

Guide me please

I currently work as an sde1 and have 1 yoe(6 month intern + 6 month FTE). My current package is 15L(13 fix + 2 var).

I am expecting(based on seniors' experience) a hike of 15-25% in my current company.

I have another offer with 22L (20 base + 2 stocks).

I am confused. What to do? Experienced folks please guide🙏

13mo ago
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FloatingBiscuit
FloatingBiscuit
Stealth13mo

Do you have a degree from a tier 1 university?

SleepyBiscuit
SleepyBiscuit
Statusneo13mo

No, tier 3

FloatingBiscuit
FloatingBiscuit
Stealth13mo

Wow, 15L with 1 YOE. How did you achieve that?

SquishyBoba
SquishyBoba
TCS13mo

Current tech stack and offered company's?

SleepyBiscuit
SleepyBiscuit
Statusneo13mo

Really old one, so old that they are unable to find experienced people to hire. Cannot name as there are only 3,4 companies using it.

PeppySushi
PeppySushi
Genpact13mo

Let's consider the highest value for both the cases here :

  1. You get 25% hike
  2. And let's consider you'll get this hike on all 15L (my company pays hike on fixed pay not variable pay but like I said let's consider the best possible outcome for you )

Then your new CTC would be 18.75LPA which is still lesser than the offer you've received.

I'd definitely take the other offer . Of course there'd be exceptions : like if I like my current company more and am comfortable staying there

SleepyBiscuit
SleepyBiscuit
Statusneo13mo

@SirYapALot The other company is giving remote but have reputation of bad wlb. Current company has bad tech stack and has 5 days office policy.

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