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I would say this. The exit from Deloitte will be much better than from a body shop like Cognizant.
For example, I am from India but based in the US, and have dealt with both Cog and Deloitte. In the US, people spite the likes of Cognizant, Infy, TCS etc and know how terrible a company they are to work for.
Two things, Cognizant has more levels and you would need more promotions to grow than Deloitte. And two, Deloitte will give you much higher raises and bonuses. I have been with D three years and got 15+% bonus every year except the covid year. Third, exit from Deloitte will be much better, a Deloitte manager will get a better exit than a Cognizant manager.
Finally, Deloitte's reputation is much higher which will help you if you want to go to B-school or if ever decide to move out of India.
No one pays free money, or gives free credibility, so for sure, Deloitte will probably make you work harder too.
I agree with every point you just added.
Just feel I'm gonna have the FOMO of getting the big bucks out of the GreatResignation!
But yeah, Deloitte makes total sense.
Cognizant will put me at a considerably higher fixed,
already
If I switch after a year or so, I'll be with a good figure in
hand.
But who is to say I'll get another Big4 offer next year?
I'm actually having FOMO from the piping hot market,
considering that I am making a switch and still won't be
getting something hefty if I join Deloitte. On the other
hand, exit opportunities from Deloitte will be better than
from Cognizant
Tough call bro. Decide according to your priorities