I received an offer with a 40% pay increase and a promotion, but it requires relocation. Upon resigning, my current company assured me of a 30% salary increase along with a promotion in the upcoming appraisal cycle, which is expected in 3 months. I am confident they will uphold their commitment. The new company operates in the same domain, and my responsibilities would align closely with what I currently do.
I am currently situated at the lower end of the pay scale for my position in my current job. Even with a 30% raise, I would still find myself at the lower end of the pay scale post my promotion to the revised designation. I am uncertain about the next steps to take, as my initial decision was influenced by the low salary and designation issues that my current company had promised to address. Your guidance on this matter would be greatly appreciated.
From India, Hyderabad
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3I am currently situated at the lower end of the pay scale for my position in my current job. Even with a 30% raise, I would still find myself at the lower end of the pay scale post my promotion to the revised designation. I am uncertain about the next steps to take, as my initial decision was influenced by the low salary and designation issues that my current company had promised to address. Your guidance on this matter would be greatly appreciated.
From India, Hyderabad
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Hi, You can further describe the size of the NE to that of CE and the scope you see with NE. By scope I mean technology, growth prospects & profile with package.
From India, Ahmedabad
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From India, Ahmedabad
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Of course not. I didn't understand how the disclosure of shift time would hamper the company's confidentiality. Anyway, you might want to consider the cost involved in relocation. A 40% hike with relocation expenses might equal a 30% hike by staying in the same company.
There are two ways to approach this situation:
First, stay with the same company - you don't need to adjust to the culture, people, and policies. You prefer being in your comfort zone.
Second, opt for a new opportunity - you step into the effort zone. Develop new skills, meet new people, expand the scope for your future, learn new things, and adjust to all the changes mentioned above.
Your life goals will help you make the right decision. Now that your NE is ready to wait for 12 weeks, you can clarify the rest of the details with HR. You surely wouldn't want to risk your future with vague structures and policies. What if you end up in a bad situation? By saying this, I don't mean you should stick to your current employer only, but I suggest you analyze before it's too late.
From India, Ahmedabad
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There are two ways to approach this situation:
First, stay with the same company - you don't need to adjust to the culture, people, and policies. You prefer being in your comfort zone.
Second, opt for a new opportunity - you step into the effort zone. Develop new skills, meet new people, expand the scope for your future, learn new things, and adjust to all the changes mentioned above.
Your life goals will help you make the right decision. Now that your NE is ready to wait for 12 weeks, you can clarify the rest of the details with HR. You surely wouldn't want to risk your future with vague structures and policies. What if you end up in a bad situation? By saying this, I don't mean you should stick to your current employer only, but I suggest you analyze before it's too late.
From India, Ahmedabad
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Accepting a counteroffer after resignation is not ethical. It can backfire as well. If the company was careful with you, they would have taken care of you initially. What will you do if the commitment is not fulfilled? Will you do the same thing next year? You decided to change jobs, that's why you applied and got selected, so why are you going back? Think carefully and decide.
From India, New Delhi
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From India, New Delhi
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Hi,
In my view, you should continue with your current employer for two reasons: (a) a 30% increase with promotion and an enhanced role would make you much more relevant not only in the present job but also in the future. This shows your company puts a premium on your performance and is keen to retain you. Your staying back would further improve your bond with the company. (b) Relocation has its own hidden costs, in addition to financial aspects such as cultural fit, local adjustments with the environment, etc. Furthermore, since the job profile is almost the same, you may not get the opportunity to learn anything new.
Please consider your decision in the light of the above.
Ravi Thakur
VP (Corp) and CS
Purearth Infrastructure Limited
From India, New Delhi
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In my view, you should continue with your current employer for two reasons: (a) a 30% increase with promotion and an enhanced role would make you much more relevant not only in the present job but also in the future. This shows your company puts a premium on your performance and is keen to retain you. Your staying back would further improve your bond with the company. (b) Relocation has its own hidden costs, in addition to financial aspects such as cultural fit, local adjustments with the environment, etc. Furthermore, since the job profile is almost the same, you may not get the opportunity to learn anything new.
Please consider your decision in the light of the above.
Ravi Thakur
VP (Corp) and CS
Purearth Infrastructure Limited
From India, New Delhi
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Dear,
It depends on how long you have been working in the CE. At times, change helps in growth. However, you have to make a decision based on your personal preferences. Some people do not like change, while others compulsorily look for change so that they do not get stereotyped.
A new work culture and location bring a change that prompts better performance; for some, it is the opposite. If you like taking risks, go ahead and join the NE. If you do not like taking risks and are happy in the current location, continue in the CE.
Whatever you decide, enjoy yourself.
From India, Delhi
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It depends on how long you have been working in the CE. At times, change helps in growth. However, you have to make a decision based on your personal preferences. Some people do not like change, while others compulsorily look for change so that they do not get stereotyped.
A new work culture and location bring a change that prompts better performance; for some, it is the opposite. If you like taking risks, go ahead and join the NE. If you do not like taking risks and are happy in the current location, continue in the CE.
Whatever you decide, enjoy yourself.
From India, Delhi
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Dear QUAMAREAZAM,
I agree that accepting a counteroffer may not be ethical and can backfire. What will you do if the commitment is not fulfilled? If you decide to stay with the CE, ask them to provide the raise with effect from the same time you will be getting there. Alternatively, you can inform them that you are ready to stay if they provide you with a written assurance that you will receive a pay hike of 30% automatically after three months. In today's corporate world, anything can happen. They may arrange for new staff with similar skills within the next three months, creating a situation where you may have to start looking for a new opportunity. These kinds of scenarios are common in today's world, so be cautious and make a well-thought-out decision.
Remember, opportunities knock on the door, and it is up to us to decide whether it is the right time to accept them or not.
Best regards,
BABUDADA.
From India, Mumbai
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I agree that accepting a counteroffer may not be ethical and can backfire. What will you do if the commitment is not fulfilled? If you decide to stay with the CE, ask them to provide the raise with effect from the same time you will be getting there. Alternatively, you can inform them that you are ready to stay if they provide you with a written assurance that you will receive a pay hike of 30% automatically after three months. In today's corporate world, anything can happen. They may arrange for new staff with similar skills within the next three months, creating a situation where you may have to start looking for a new opportunity. These kinds of scenarios are common in today's world, so be cautious and make a well-thought-out decision.
Remember, opportunities knock on the door, and it is up to us to decide whether it is the right time to accept them or not.
Best regards,
BABUDADA.
From India, Mumbai
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Dear, You must not bank on a gentleman’s (verbal) offer. Make sure that you have all offers in writing before you make a decision. A promise that is not on paper is worthless... Regards, Riaan
From South Africa, Johannesburg
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From South Africa, Johannesburg
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