Facing an odd problem. When I had no offers in hand, and was expecting salaries in the range of 18 - 20 LPA, I was getting lots of interviews. Now that I have offers in hand north of 25 LPA, I am not being shortlisted for interviews. Should I hide the offers in hand, quote expected as before and negotiate post interviews in HR round?

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Why do you want to waste your time in giving interviews when they are not interested in matching the offer?

It’s always good to look out for offers. If you hide this information and companies start shortlisting you. You go through the interviews and you get selected. What if they are not interested in matching the offer? It’s waste of your time and theirs as well.

If you want to give interviews for knowledge perspective then you can remove it.

I did the same thing recently. I got an offer from xyz, when abc or def contacted me I mentioned I do not have an offer. Then they started scheduling the interviews. None of them matched the offer from xyz. I was giving 4-5 interviews per week. 6-7 organisation selected me. During negotiations I mentioned that I have an offer of xxx amount then they said sorry we couldn’t match the offer.

likehelpful

A friend of mine got an offer of 50 LPA 2 days before his LWD. His other offers were in the range of 37 LPA. He has 17 YOE.
In my case, I have 9 YOE, and since I have never switched, my salary is low to begin with. That is probably why 25-30 seemed really high when I didn't have any offer in hand.
Thanks for your suggestion. I personally don't like to hide information during the initial screening. I just wanted to know if this could be a viable strategy.

It’s all depends on the budget for the company. You can’t see all companies with same specs.
Some companies pay high, some companies pay less.
Even within companies they have different budgets for same stack on different projects positions.
so I think no use of hiding the offer, if they have budget more than that, they will go for it, otherwise they will save yours and their time

helpful

My advice: hide the fact that you have an offer in hand until it is not very necessary during negotiation. If you have the skills and experience to get to 30 LPA then just quote it with confidence.

I have now started asking what the budget for the role is. If it's in the range of 20-25, I know it can be increased post interview, and I go for them. If it's in the range 15-20, I mention my offer in hand and that is usually the end of the discussion.

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Even I m facing this. The moment I mention that I have a offer and mention it, there reply is I will get back to you.

yoe?

9

Do you realize that possibly the range of comp in most companies for your skillset is 18-20. You can ask for 50 but the companies wont waste time if they are looking for x skillset at y budget !

That is also a possibility. But it varies from company to company as well, how much they are willing to shell out for my specific skillset. I initially had a verbal offer of 22 from Capgemini in Bangalore, but they didn't like the length of my NP, so they backed out. Later I received my first official offer of 26.4 in Kolkata, which is something I never expected.

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