PeppyHamster
PeppyHamster
27mo

Should I join?

I got an offer from splunk. The issue is last month I joined a banking MNC with 29 LPA as a fixed CTC.

Right now Splunk is offering 22 LPA as base, 19 LPA as Retention bonus, and other benefits which makes my total CTC as 41 LPA.

Not sure what to do? At one side I have a stable higher base pay job and on the other side a higher ctc and interesting job.

27mo ago
FluffyNugget
FluffyNugget
27mo

If u don’t want to risk being blacklisted at the banking MNC, stay. If things don’t work out few months later then maybe u can get in splunk again? Anyway, if u hv good interview skills and can take risk then go for Splunk

PeppyHamster
PeppyHamster

What do you think the offer looks good enough considering the base is low?

Splunk being a tech organisation will give more exposure, bank is good for retirement

GroovyBoba
GroovyBoba

If you are still early in your career I would say accept the new offer. 12l is not a small amount to leave on the table. Never care about getting blacklisted. There are 100s of banks and financial MNCs in India, getting blacklisted from 1 of them doesn't mean much.

SillyBurrito
SillyBurrito

Ask splunk if they are willing to restructure the CTC, with 35 as base and 6 as bonus.

Because after the first year, you would feel bad getting a downgrade to 22.

PeppyHamster
PeppyHamster

Every year I'll be getting retention bonus

PeppyHamster
PeppyHamster

They said they can't restructure it, I asked the HR multiple times

FluffyWaffle
FluffyWaffle
27mo

19lpa retention???

PeppyHamster
PeppyHamster

I don't exactly remember the term HR used but she said you'll get it at the end of the year.

FluffyWaffle
FluffyWaffle
27mo

Imo if you leave banking mnc won't they blacklist you unofficially? If not then go ahead with splunk . Also check splunk pip and layoffs , some companies fire employees before 1 year to avoid giving retention bonus.

BouncyBurrito
BouncyBurrito
Student
27mo

Morgan Stanley? 🤣

PeppyHamster
PeppyHamster

Naah but close enough

SwirlyNoodle
SwirlyNoodle
27mo

JPMC?

ZippyCoconut
ZippyCoconut
Student
27mo

Yoe?

PeppyHamster
PeppyHamster

3.4 years

SwirlyHamster
SwirlyHamster

Stack?

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