A company has approved my desired compensation which is well above my CCTC. But they are mentioning a lower CTC on the offer letter saying they will update 1 week before joining.
They say they do this so candidates can’t do offer shopping and waste their time and effort and gave 100% assurance. What do I do? Is it okay to accept and is this a common norm nowadays? HR said this is termed as lowball offer and it’s common.

CCTC: 13
Approved CTC: 20
CTC on offer letter until I join: 17

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Posting as :
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Do not agree! If they do not update the offer letter in the last week, and you're already on noticed period (have resigned from current role), then you'll have no option other than to join with this low offer.
Tell HR - this sounds risky and you can't take the chance.

But if you're desperate and want to try then I'll leave it upto you.

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Ask them if they can at least confirm over email that they'll send a revised offer letter. If they are not willing for this, then you only need to decide if you wanna join such kinda org.

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Yes they shared offer and a separate assurance email about revised offer letter before joining with the mentioned figure.

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