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They then admittedly gave the offer to someone who was less qualified. There were other red flags throughout the job offer process that the HR team should overall be ashamed of.
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After Appraisal, company haven't shared updated offer letter (with new salary), it's been 2+ months now.
If I start searching for new job, will that HR ask about recent offer letter? Or only salary slips are enough?
P. S. Current company didn't share updated offer letter to any employee (in fear that employees will switch 😅) Accenture Tata Consultancy Capgemini Deloitte ZS Associates Fractal Tiger Analytics Deloitte USI
We r hiring, interested candidates inbox.
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Mentor
That 25% will be almost entirely eaten up by higher COL, so consider it a lateral move when it comes to comp. if it’s something you want to do and lines up with long term career goals, go for it.
It wouldn't surprise me if it actually turned out to be a pay cut.
Subject Expert
I’d do it for the brand on my resume
Aside from the points above, there’s still the question of 25% in relation to what. If it’s between 100-150 probably not. Anything above 200 sure.
$150K Chicago baseline
I don’t know how accurate this is , but should give you some indication
https://www.nerdwallet.com/cost-of-living-calculator
Not really! Considering the insane amount of Taxes and housing cost. Plus Chicago is always undervalued so I would need at least 50% hike to make the move if I am making under 200K!
If you want to live in the Bay Area and work for a FAANG company then go for it. The 25% bump prob not enough to cover the COL change, but if you don’t take the job someone else will.
Does that role align with what you want to do? Don’t run away from a job, run to your next job. If you really want the FAANG role I think taking a hit on COL is worth it in the interim if there’s upward mobility
Mentor
Yeah, that's probably a pay cut when you consider cost of living. And likely a quality of life downgrade if you need to commute from the city to a suburban office for an hour each way each day vs a 30 min each way commute to downtown Chicago from elsewhere in Chicago. Realistically, you won't starve, but i could see rent doubling vs Chicago, and other expenses getting higher too.
The next questions for you: is taking the job aligned with your career goals? If so, are they well aligned enough for you to tighten your belt and endure a slightly lower standard of living? Can you work at FAANG for 2 years then move elsewhere with the brand on your resume? This would be easier if you are single and don't have kids, a mortgage, etc.
Just from a money point of view you might be losing money.
That’s essentially $17-20K after tax that you are adding to your current pay. I’d be shocked if your rent doesn’t increase by 1.5K per month unless you make significant change to your lifestyle.
200k for peace of mind in the bay. It’s getting worse and worse 😭