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Hi Fishes, Pls help,
YOE: 13 yrs
Cctc: 13 lpa
Have cleared HCL interview. Initially they offered 23 lpa (via proposed offer letter), but i requested to reconsider it for 25 lpa.
After 5 days, they sent final offer letter of 19 lpa (stating they can offer max 50% as per L4 approval).
Queries:
1. Is this normal or rare case, reducing the offer amount from what quoted initially?
2. Should I accept or negotiate?
I don't have any other offer as of now.
HCL Technologies
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I’m trying not to get laid off or fired this year 😂
Coach
This is why I’m feeling fortunate. I’ve survived 2 rounds of layoffs so far. They are pushing me towards strategy of the company. Making comments like you could use your time better when I code. It makes me nervous, developers are rarely laid off. Strategy has subjective value. I’m positioning for survival over here.
Ours were really good. Got a nice 26% promo and a 6 figure bonus
Meta - you guys hiring?
Appreciate this post as it gives me some humility.
Getting full bonus (20%) and small salary increase (1-3% tbd in a few weeks).
Coach
The real intent of the post has been revealed. DM D3 for referrals. 😂
Congrats!
Community Builder
That’s a generous bonus and structure. Not seeing a lot of it these days.
Target bonus was 35. I got 19k no raise though.
Coach
That’s more than likely what I’ll get next year. I got 37k this year and they announced for my position it would be 3% lower next year. The grind continues. Bonus structure is unchanged for VP’s. I gotta grind out principle architect this year, VP hopefully within 5 years.
3% bonus. Would’ve been over the moon with 17%
Coach
Still enough for a nice vacation in a foreign land. 🏝️