Hey fishes! I’ve recently been promoted to lead position however the compensation remains the same. I’m planning to not accept the offer stating the expectation for the lead role is higher than my current role. What do you think? Let me know your thoughts :)

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Take the new designation and jump to another firm if you can. Money matters yes but designation matters too. Use things to your benefit even if things seem against you.

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Yes also can use the reason I have used that as a reason for switch saying additional responsibilities piling up on me while I wish to learn more doing more hands on

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Money matters designation doesn't matter

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VPs earning 50 lacs in service companies vs a Level 2 programmer earning 1 cr in product org. Designations are shit. Money is the only currency that matters. Only in India ppl run behind manager post. Lol.

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Promoted without hike.... really strange

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More responsibilities without hike is a waste, and yes you can decline the offer

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Yes I am observing this in many companies.. promoting to lead without any change in position because most of the leads have left the company

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Yes seems to be the trend I’ve been observing so far

Which company is this?

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Looks like small scale company.

I wouldn't accept it since there's no other way I am being compensated to work on additional responsibilities.
You might wanna ask if there's anything in store for you as well eg. An Onsite in future, any other benefit?
If not, not a fair deal I'd say.

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So in short they are asking you to do more work in same compensation. Take the decision wisely, money matters a lot.

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You're absolutely spot on brother. Reject the promotion, it doesn't worth it. If they are ready to increase pay, don't take less than 30% as promotional hike. Keep in mind you get promotion in minimum 3 maximum can't even imagine years, you deserve 30% hike.

Money matters.. Take decision wisely

Money matters . Ask for some good percentage of hike with lead role.

I would recommend accepting the promotion and then look outside for better opportunity

I would recommend to accept the promotion and then look for jobs offering the new position with better hike. If you want to stay in your current company due to other benefits then reject the position or negotiate to provide a hike.

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A company has made an offer and I wanted to understand if i'm being made a fool.

The monthly compensation is 1,37,500 (16,50,000 yearly) and Variable component (Bonus) is 1,50,000.

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Which to me sounds like it doesn't consider 1,50,000 to be a part of CTC which is suspicious to me.

How should I deal with this?

Thank you!

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